INSURASALES

Tag: Florida

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.

Florida Faces Insurance Crisis as Hurricane Season Approaches

A study reveals Florida homeowners are facing high claim rejection rates from insurers as hurricane season nears. Authorities are taking action against fraudulent practices.

Florida House Passes Bill to Repeal No-Fault Auto Insurance

The Florida House passed HB 1181 to repeal no-fault auto insurance, risking higher costs for consumers.

Florida Insurance Market: Scrutiny Looms Amid Proposed Reforms

Examine the developments in Florida's property insurance market amid proposed changes in legislation and recovery signs.

Florida Man Pleads Guilty to $8M Medicare Fraud Scheme

Corey Alston pleads guilty to a Medicare fraud scheme involving over $8M in false claims for COVID-19 test kits, facing sentencing soon.

DeSantis Proposes $1,000 Property Tax Rebate for Homeowners

Governor DeSantis proposes a $1,000 tax rebate for Florida homeowners to relieve property tax burdens, addressing insurance cost concerns and aiming for long-term tax reforms.

Florida Insurer to Pay $30M Over Backdated Claims from Hurricane Irma

Universal Property & Casualty Insurance Co. will pay $30 million for improperly backdating claims from Hurricane Irma, raising concerns about insurance practices in Florida.

Florida Faces Housing Crisis Amid Insurance and Affordability Woes

Florida's housing crisis escalates with soaring prices and insurance woes, as new data highlights key challenges.