Florida OIR Wants Enhanced Hurricane Ian Data by Sept. 27. Claims Have Topped 740,000 September 21, 2023 The Florida Office of Insurance Regulation is reminding carriers that additional information about Hurricane Ian claims is due no later...
New Florida Immigration Law Could Worsen Property Insurance Costs September 14, 2023 By William Rabb If Florida insureds and insurers haven’t been pummeled enough by rising costs in recent years, they could soon see another...
New Juice in Florida Market: Orange Insurance Exchange Approved by OIR September 6, 2023 By William Rabb Just days after another hurricane smashed through part of Florida, another property and casualty insurer has been approved for the...
Orion180, Headquartered in Florida, Now Approved to Do Business in the State August 23, 2023 By Insurance Journal Staff Reports Another insurance firm is expanding into Florida, the state in which it has had its headquarters for several years. Orion180,...
A Year After Uproar over Demotech Ratings, Little Has Changed, But Questions Remain August 21, 2023 By William Rabb A little more than a year ago, the Demotech financial rating firm ignited a storm of controversy in Florida when...
Police Respond to ‘Chaos’ as Florida Condo Owners Outraged Over Insurance Fees August 21, 2023 Shouts, shoves and chaos broke out and police had to be called when condominium owners in Pembroke Pines, Florida, objected...
More Signs of Life in Florida: New Insurers in Market, More Citizens Takeouts August 15, 2023 By William Rabb Florida’s property insurance market is showing more signs of life, with another company requesting a large takeout order from Citizens...
Massive Citizens Takeout Plan Seen as Sign That Things Are Looking Up in Florida Market August 7, 2023 By William Rabb Stakeholders near and far are hailing a near-record number of takeouts from Citizens’ Property Insurance Corp. as a sign that...
Ray of Sunshine: Florida Insurers Show Profit as Citizens Takeouts Rise – S&P Global August 2, 2023 By Jason Woleben Republished from S&P Global Market Intelligence For the first time in three years, Florida’s struggling domestic residential property insurers have...
Florida Democratic Senators Host Facebook Town Halls on Continuing Insurance Crisis July 27, 2023 Two Florida Democratic state senators are hosting webinars this month and next on the state’s property insurance situation. “Homeowners Insurance...