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The Florida Office of Insurance Regulation next week will hold hearings on two property insurers' requests for 54% average rate increases, one of which
"I think this is pretty consistent about what you're going to see across the board" says expert
Florida lawmakers have agreed to convene in another special session – the sixth in three years – this time to sanction the country of Iran but with a
State laws adopted in 2022 and 2023 may have stemmed excessive claims litigation in Florida, helping to stabilize the distressed property insurance market
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 ...