INSURASALES

Tag: Florida

Mercury Insurance Expands Umbrella Coverage in Florida Amid Rising Bodily Injury Claims

Mercury Insurance launches enhanced umbrella insurance in Florida to address rising bodily injury claims, offering increased liability protection for policyholders' personal wealth.

Tropical Storm Erin Spurs Florida Homeowners to Review Hurricane Insurance Ahead of Season

Tropical Storm Erin prompts Florida homeowners to proactively review insurance coverage and prepare for the 2025 Atlantic hurricane season. Key insurance insights and storm impact updates.

Understanding Direct Repair Programs in Florida Insurance Claims

Explore the role of Direct Repair Programs in Florida insurance claims, coverage implications, and the importance of informed decisions in water damage repairs.

Patriot Select Approved to Take Over 30,000 Policies from Florida's Citizen Property Insurance

Patriot Select gains regulatory backing to assume up to 30,000 personal residential policies from Florida's Citizen Property Insurance, reflecting a strategic risk transfer in the state's insurance market.

Florida Auto Insurance Rates Drop 6.5% After Litigation Reforms

Florida's top auto insurers reduce rates by 6.5% after litigation reforms aimed at reducing costly lawsuits. Market trends suggest increased competition and usage-based discounts.

Florida Homeowners Insurance Market Stabilizes with New Insurers and Legislative Reforms

Discover how Florida's homeowners insurance market is stabilizing with new insurers entering post-Hurricane Ian and recent legislative reforms reducing litigation and rate pressures.

New Bill Proposes Tax Deduction for Flood Insurance Premiums in Florida

The Flood Insurance Relief Act aims to provide tax deductions on flood insurance premiums for middle-income homeowners in Florida, addressing low coverage rates and rising costs in flood-prone areas.

Florida's Slide Insurance CEO Compensation Draws Scrutiny Amid Rising Homeowners Premiums

Slide Insurance CEO and COO received $37.7 million combined amid rising homeowners premiums in Florida, raising regulatory and consumer concerns over executive compensation and market impacts.

Florida Property Insurance Market Strengthens with New Carrier Entries in 2023

Florida's property insurance market is gaining new carriers in 2023, signaling recovery and increased competition driven by legislative reforms and market stabilization.

Congress Faces Deadline to Extend ACA Enhanced Premium Tax Credits

Congress must decide on extending ACA enhanced premium tax credits to prevent steep premium hikes and increased uninsured rates, with Florida particularly affected.