INSURASALES

Tag: Florida

Florida Homeowners Could See Lower Windstorm Insurance Premiums in 2024

Florida's 2024 homeowner insurance premiums may decrease as reduced reinsurance costs and tort reform lower windstorm risk expenses. Market stability emerges post-2024 hurricanes.

Florida's 2025 Modified Comparative Negligence Law Shaping Auto Injury Claims

Explore Florida's 2025 modified comparative negligence law impacting auto injury claims. Learn how the 51% fault rule shapes compensation and increases the need for skilled legal counsel.

Medigap Insurance in Florida: Plan Options and Market Overview for 2025

Explore comprehensive insights on Medigap insurance plans available in Florida in 2025, including costs, plan details, and eligibility criteria. Understand how these supplements coordinate with Original Medicare and other Medicare parts.

2025 Hurricane Season Forecast Sparks Focus on Insurance Preparedness

Colorado State University predicts an active 2025 hurricane season, prompting calls for thorough homeowners insurance reviews and documentation to streamline claims and enhance disaster resilience.

Patriot Select Enters South Florida Home Insurance Market

Patriot Select, a new home insurer based in St. Petersburg, begins operations in South Florida, expanding options beyond the state's insurer of last resort.

Florida's No-Fault Auto Insurance Drives Up Premiums for Safe Drivers

Florida's no-fault auto insurance system raises premiums for safe drivers by spreading accident costs statewide. Legislative change and state-run insurance options could reshape affordability and driver accountability.

Mangrove Property Assumes 30,000 Florida Citizens Policies in Depopulation Effort

Mangrove Property Insurance takes on 30,000 policies from Florida's Citizens Property Insurance as part of state-mandated depopulation to shift risk to private insurers. The move reflects ongoing regulatory approval and market adjustments in Florida's property insurance sector.

Florida Welcomes New Home Insurer Patriot Select Amid Market Reforms

Florida's homeowner insurance market grows as Patriot Select enters, increasing competition and offering potentially lower premiums ahead of hurricane season, following recent regulatory reforms.

Patriot Select Re-Enters Florida's Reformed Insurance Market with Bold Strategy

Patriot Select, formerly Anchor P&C, re-brands and aims for market expansion in Florida's stabilizing insurance sector, targeting 40,000 policies with new management and capital.

Florida's Insurance Market Faces Challenges and Changes

Exploring the significant changes in Florida's insurance market due to legal reforms like House Bill 837, and the potential risks posed by the proposed House Bill 1551.