Florida Residents Worry About More Burglaries After Looters Post-Storm September 5, 2023 HORSESHOE BEACH, Fla. (AP) — Two people were charged with looting a home damaged by Hurricane Idalia in Florida`s Big...
Data Call: Florida OIR Wants Idalia Claims Info Daily Through Sept. 6 August 31, 2023 The Florida Office of Insurance Regulation is reminding property insurers that they must report Hurricane Idalia claims information daily, starting...
AAA Is Not Exiting Florida But Will Non-Renew ‘Small Percentage’ of Policies July 17, 2023 By Andrew G. Simpson The Auto Club Insurance Company (AAA) of Florida has announced that it will not renew a “very small percentage” of...
Florida Insureds Can’t Force Interest on Late Claims Payments, Courts Say April 28, 2023 By William Rabb Two back-to-back federal court decisions may have dealt a lethal blow to recent proposed class actions that sought interest on...
Church Tried to Exclude Named Storms, But Appeals Court Says Coverage Due Anyway April 18, 2023 By Jim Sams In 2015, the Shilo Christian Center in Melbourne, Florida, cut its property insurance premiums in half by asking its insurer...
Citizens Faces Redo of Hole-in-Roof Claim Denial It Won on Hearsay March 7, 2023 By Andrew G. Simpson Citizens Property Insurance Corp. will face a new trial on a roof claim because its win in the first trial...
New Florida Law Makes Joint Settlement Offers ‘Legit’ But May Not Go Far Enough January 6, 2023 By William Rabb In the celebration over the Florida Legislature’s sweeping insurance reforms approved last month, one statutory change has slipped under the...
Florida Regulators Unveil Ratings Crisis Solution: Let Citizens Reinsure Carriers July 27, 2022 By William Rabb Florida’s insurance commissioner announced today that his office has found an “unprecedented solution” to the looming property insurer rating crisis...
Another Big Insurer Stops Writing Homeowners Policies in Florida February 8, 2022 By William Rabb The Florida property insurance market is showing more signs of trouble, with one of the state’s largest carriers deciding to...
Citizens’ CEO: Florida Insurers Swimming in a Sea of Red Ink; Capital Drying Up October 19, 2021 By William Rabb It’s not just a few Florida property insurance companies that are running into financial trouble. Almost every carrier is losing...