Tag: Florida

Survey Highlights Climate Risks Driving Relocation and Insurance Concerns in Florida

Florida survey reveals that climate hazards and rising homeowners insurance costs are driving relocation considerations, impacting insurance market and risk management.

Florida Faces Critical ACA Subsidy Deadline as Obamacare Popularity Grows

Florida's large ACA marketplace faces rising premiums as enhanced Obamacare subsidies expire in 2025, impacting millions of enrollees and health insurers.

Survey Reveals Florida Homeowners' Insurance Concerns Amid Rising Climate Risks

A Florida Atlantic University survey finds climate hazards and rising insurance costs driving relocation considerations among Floridians, impacting homeowners insurance and risk management strategies.

Affordable Care Act Nears Funding Renewal, Florida Faces Major Impact

As the Affordable Care Act approaches its December 31 funding deadline, Florida stands as the largest state affected with 25% of its under-65 population insured through ACA plans. This renewal will influence health insurance market dynamics and regulatory compliance.

Florida Insurance & Energy Update: Data Center Impact and Regulatory Developments

Insight into Florida's utility regulation challenges over data center energy use, home improvement grant program, fiscal forecasts, startup growth, and key infrastructure investments.

Florida Tort Reform Revitalizes Property Insurance Market, Reports Gallagher Re

Gallagher Re's report details how 2022-23 Florida tort reforms have improved property insurance market stability by reducing litigation costs and enhancing insurer profitability.

FL Appeals Court Clarifies Replacement Cost Damage Claims in Property Insurance Breach

Florida appeals court rules on replacement cost versus actual cash value in property insurance breach cases, clarifying insurer obligations and policyholder remedies under homeowner policies.

Southwest Florida's SHINE Program Supports Medicare Beneficiaries During 2025 Open Enrollment

AAASWFL's SHINE Program offers free Medicare counseling for Southwest Florida beneficiaries during the 2025 Open Enrollment Period, facilitating informed insurance decisions and fraud awareness.

Florida Approves Two New Property Insurers as Market Competition Grows

Florida approves two new property insurers, Stand Insurance Exchange and Praxis Reciprocal Exchange, expanding competition and contributing over $574M in surplus. Policy transfers from Citizens Property Insurance signal market reforms and rate stabilization in Florida's property insurance sector.

Florida Lawmaker Proposes Eliminating Property Taxes with New Revenue Model

Florida state Rep. Ryan Chamberlin introduces a plan to eliminate property taxes, replacing revenue with real estate and travel transaction fees, plus targeted school taxes.