My Safe Florida Home News

Florida Bill Would Limit AI in Claims Denials, Extend Bar on Execs, Raise Surplus Levels

After years of rising insurance premiums, anger from homeowners, and recent reports about some property insurance carriers’ alleged diverting of profits, bills seen as “consumer friendly” continue to gain traction in the Florida Legislature. One of those bills, Senate Bill …

My Safe Florida Condo Program Runs Out of Funding in One Week

Just a week after a pilot program for strengthening Florida condominiums was launched it reached maximum capacity and is no longer accepting applications. The overwhelming response could underscore the need for wind mitigation and could set the stage for more …

Florida Governor Signs Wind-Mitigation Funding Bills for Homes, Condos

Florida’s governor has signed two bills that will provide more matching grants for homeowners and condominium associations to fortify properties against the growing threat of windstorms. Senate Bill 7028 will send an additional $200 million to the My Safe Florida …

Are Billions in Wind Mitigation the Answer for Florida’s Insurance Problems?

While Florida’s property insurance landscape appears to be leveling out, much more funding is needed to fortify homes against hurricane winds and prevent devastating losses for insureds and insurers, a few panelists said at the Florida Chamber’s Insurance Summit last …

Florida Special Session Called to Punish Iran…and Help Floridians with Wind Mitigation

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 little indirect Florida property insurance relief also on the agenda. The call …

Grants for Home Hardening Now Available Under Florida Wind-Mit Program

Florida officials this week announced the hard launch of My Safe Florida Home, a program that provides up to $10,000 grants for wind-mitigation efforts for homeowners in vulnerable areas. Once completed, the fortification work can result in significant discounts on …