Florida OIR Approves Smaller Average Rate Increases for Citizens This Year February 10, 2025 By William Rabb Just as many Florida property insurers had hoped to see a boost to the private market with a maximum rate...
Florida to Hold Hearing on Proposed National Specialty 24.9% Rate Increase March 22, 2021 The Florida Office of Insurance Regulation will conduct a virtual rate hearing this week on a proposed 24.9% rate increase...
HSCM Bermuda Takes Majority Stake in Florida Insurer Southern Fidelity After Merger November 18, 2020 By Amy O'Connor After a tumultuous year that included double-digit rate increases, an intervention by the state regulator and a merger, Florida-based insurer...
Florida Property Insurance Market Inches Closer to Crisis – Part 2 October 30, 2020 By Amy O'Connor The Florida Office of Insurance Regulation is monitoring the state’s property insurance situation that is seen as in a crisis...
Florida Property Insurance Market Inches Closer to Crisis – Part 1 October 29, 2020 By Amy O'Connor After years of warnings that the Florida property insurance market was heading towards an availability crisis, many in the industry...
Florida Approves Increases for Citizens Commercial Property Rates October 4, 2016 The Florida Office of Insurance Regulation (OIR) has issued an order establishing the 2017 commercial property rates for Citizens Property...