INSURASALES

Tag: Florida Insurance

Florida Insurance Market Stabilizes with Private Sector Growth and Rate Improvements

Florida's insurance market shows improvement with private insurers absorbing more policies from Citizens Property Insurance, reduced litigation, and rate decreases in auto insurance. Learn about regulatory reforms and market dynamics stabilizing the sector.

Florida Insurance Reforms Drive Rate Decreases and Market Stability

Florida's 2023 insurance reforms, including HB 837, have led to auto and property insurance rate decreases, increased market competition, and reduced litigation impacts, stabilizing the insurance marketplace.

Florida Lawmakers Propose Multi-State Risk Pool to Address Home Insurance Crisis

Florida lawmakers introduce bills for a multi-state risk pool to stabilize home insurance rates and improve catastrophe risk management amid rising natural disaster losses.

Florida's 2023 Lawsuit Reforms Drive Insurance Market Stability

Florida's 2023 lawsuit reform package reduces litigation costs, lowers insurance premiums, and attracts new insurers, stabilizing the state's auto and homeowners insurance markets.

Florida Insurance Market & Regulatory Update: Personnel, Policy, and Economic Trends

Comprehensive update on Florida's insurance market, regulatory trends, key personnel moves, and economic impacts shaping compliance and risk strategy in 2025.

Florida's Health Insurance Marketplace Vital Amid Premium Subsidy Uncertainty

4.7 million Floridians rely on the federal health insurance marketplace and enhanced premium subsidies. Extension of these subsidies is crucial to prevent coverage loss and maintain access to affordable care.

Florida Fines Property Insurers $2M+ for Claims Handling Violations

Florida insurance regulators fined eight property insurers over $2 million in 2025 for claims-handling violations including delayed payments and unlicensed adjusters amid ongoing hurricane season.

Florida Fines Eight Insurers $2M for Delayed Hurricane Claim Processing

Florida fines eight home insurers $2 million for delays and unresponsiveness in handling Hurricane Ian and Idalia claims, highlighting regulatory enforcement during hurricane season.

Florida Peninsula Insurance Proposes Largest Premium Reduction in History

Florida Peninsula Insurance files for historic average 8.4% homeowner premium cut amid legislative reforms improving Florida's insurance market.

American Integrity Expands Home Insurance in South Florida's Key Markets

American Integrity expands home insurance policies into Broward and Miami-Dade counties, reflecting positive impacts of Florida's legislative reforms on insurer participation and market stability.