Florida’s efforts to reduce the number of lawsuits over denied home insurance claims appear to be backfiring, according to a recent report by a Florida-based independent ratings firm.
The Florida Office of Insurance Regulation (FLOIR) and industry representatives have continued to promote tort reform as a measure to reduce lawsuits. In August, state officials admitted they were not ...
WPTV reporter Matt Sczesny is digging into a new report that calls into question the rebound of the homeowners insurance ...
In 2024, nearly 13 percent of Florida homeowners whose claims were denied sued their insurance company, compared with 12.4 percent in 2022, according to data from the National Association of Insurance ...
Two new home insurers are set to enter the Florida market, with more competition promising to lower premiums in the state.
Back in the summer of 2022, in an interview for the Marketplace podcast “How We Survive,” Mark Friedlander described the Florida property insurance market as “hanging on a shoestring.” Friedlander is ...
Kin, the direct-to-consumer digital home insurance provider, today announced it has received an "Excellent" rating of 4.9 out ...
SOON AS WE GET NEW INFORMATION. ALL RIGHT. WITH HURRICANE SEASON JUST WEEKS AWAY NOW, A NEW REPORT SAYS FLORIDIANS HAVE THE SECOND HIGHEST AVERAGE HOME INSURANCE PREMIUMS, WHILE A STATE EXPERT TELLS ...
Florida's home insurance market is stabilizing after a crisis, but obtaining coverage, especially during hurricane season, remains challenging. Home insurance rates are still rising slightly, but not ...
Gov. Ron DeSantis earlier this month revealed good news when it comes to Florida’s insurance market. Yes, good news. During the last three years, the Florida Legislature has passed meaningful reforms ...
Florida's home insurance market is stabilizing but remains expensive, especially during hurricane season. Insurance costs are rising but not as rapidly as in recent years, despite new tariffs. Average ...