INSURASALES

Tag: Florida

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.

Florida Retracts $2.1 Billion from Insurer Reinsurance Support Amid Lower Claims

Florida withdraws $2.1 billion from insurer reinsurance support programs following lower-than-expected hurricane claims, reflecting changes in the state's property insurance market and reinsurance strategies.

Florida Auto Insurance Costs Drop in 2025 but Remain Among Highest Nationally

Florida saw a 9% drop in auto insurance premiums in 2025 but remains the second most expensive state. Rising repair costs and climate risks keep premiums high.

Florida Property Insurance Sees Rising Premiums Despite Stable Policy Counts

Florida's property insurance market shows rising premiums driven by construction and reinsurance costs despite stable policy counts following litigation reform legislation.

Florida Appeals Court Limits Use of Claims Handling Delays in Insurance Dispute Trials

Florida's 4th District Court of Appeals rules limiting references to claims handling delays in insurance disputes, emphasizing compliance with documentation over bad faith allegations.

Slide Insurance CEO Compensation and Premium Increases Spotlight Florida Insurance Market Reforms

Slide Insurance's IPO prospectus reveals $50 million executive payouts and premium hikes amid Florida insurance reforms impacting Citizens policy takeouts and market competition.