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A new report indicates insurance costs are slowing down condo prices in Florida. Redfin is reporting new data shows the rising cost of insurance is driving up HOA fees.
Increases greater than 50% on homeowner policies by two insurance companies will be considered in hearings by the Florida Office of Insurance Regulation later this month. The requested rate hikes
Amica Mutual Insurance and an Allstate subsidiary seek 50+ percent rate hikes in Florida, citing losses and claims surge.
Facing challenges, two Florida insurance companies have stepped forward, seeking rate hikes to mitigate spiraling costs and surging claims. In hearings held…
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: