Florida insurance premiums might not go down, industry says
Inflation, the cost of reinsurance and climate change keep driving up rates.
Source: tampabay.com
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Despite reforms to reduce lawsuits, Florida home insurance costs unlikely to fall, analyst says
Home insurance costs in Florida are unlikely to fall even as reforms enacted by the state Legislature last year drive down litigation rates, a national insurance analyst predicted in a newly released report. The report by Karen Clark & Company, titled “Managing Expectations: Why Florida Homeowners Insurance Premiums Are Not Likely to Go Down,” says rising inflation rates, reinsurance costs and ...
Source: yahoo.com
One company looking to fill Florida's property insurance void
In just the past few months, Florida has seen major names in the insurance industry, Farmers, AAA and most recently Progressive aim to pull back their presence.
Source: wtsp.com
Citizens customers with private insurance letters: deadline to decide is next week
Thousands of Citizens Property Insurance customers have until next week to decide if they want to take an offer from a private insurer.
Source: clickorlando.com
How climate change impacts homeowners insurance in Philly region
Storm damage is on the rise. Here’s what that means for homeowners in the Delaware Valley.
Source: whyy.org