INSURASALES

Tag: Florida insurance

Florida Homeowners Face Continuing Insurance Premium Increases Despite Market Reforms

Despite recent legal reforms and new insurers entering the market, most Florida homeowners continue to experience rising home insurance premiums. Data shows varied insurer performance with Citizens Property Insurance reducing premiums but shrinking in policy count. Market competition grows in South Florida, yet overall costs trend upward due to inflation and underwriting dynamics.

Florida Appeals Court Upholds Denial Over Delayed Windstorm Damage Claim

Florida appellate court affirms insurer's denial of windstorm damage claim due to nearly two-year delayed notice, reinforcing prompt notice requirements in homeowners insurance.

Florida Republicans Cite Homeowners' Insurance Among Top Economic Concerns

Survey reveals Florida Republicans rank homeowners' insurance as a leading economic concern alongside housing costs and property taxes, shaping policy debates.

Florida Approves Transfer of Nearly 229,000 Policies from Citizens to Private Insurers

Florida regulators approve transfer of nearly 229,000 homeowner policies from Citizens Property Insurance to private insurers amid ongoing market depopulation efforts.

Florida 2025 Auto Accident Law Reforms: Comparative Negligence and Statute of Limitations Changes

Explore Florida's 2025 auto accident law reforms including modified comparative negligence and shortened statute of limitations affecting injury claims and insurance practices.

Florida Lawmakers End Session Without Major Insurance Reforms

Florida's 2024 legislative session ends with limited insurance reforms amid profit-shifting concerns and stalled regulatory oversight initiatives. Lawmakers plan further action next session.

Florida's Patriot Select Resumes Depopulation Role After Supervision Lift

Patriot Select, formerly Anchor Property & Casualty, exits Florida's regulatory supervision and plans to assume 39,000 policies from Citizens in a strategic market move under recent insurance reforms.