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Florida home insurance rates begin to fall after years of dramatic increases

Homeowners in Florida may finally catch a break in their insurance premiums this year. ....

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19 Florida insurers file for rate decreases or no increases in 2024

Florida's Office of Insurance Regulation is reporting that 19 insurance companies in the state are either seeking a rate decrease or no increase for 2024. ....

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Castle Key Defends 53.5% Condo Rate Hike, Blames Reinsurance, Ian, Rapid Growth

When Allstate's Florida unit, Castle Key Indemnity Co., entered the surging condominium insurance market in 2020, it looked like it had made a smart bet: ....

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Castle Key's 54% Condo Rate Hike Gets Hearing, Showing New Pressures in Florida

The Florida Office of Insurance Regulation next week will hold hearings on two property insurers' requests for 54% average rate increases, one of which ....

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After Non-Renewals, Castle Key Files 53.5% Rate Increase for Remaining Condo Policies

Two months after Allstate announced that a Florida subsidiary would non-renew 33,000 condominium policies, the company has filed for a 53.5% average rate ....

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