by Jim Saunders - News Service of Florida | Oct 5, 2023
Florida regulators approved six private insurers to take up to 153,000 policies from Citizens Property Insurance Corp. in an effort to reduce the state-backed insurer’s size. The approved insurers, including Slide, TypTap, Safepoint, Florida Peninsula, American...
by Caden DeLisa | Oct 4, 2023
Florida Attorney General Ashley Moody filed a legal challenge against the Biden administration, alleging retaliation due to the state’s legislation restricting public-sector union dues deductions. The Biden administration allegedly threatened to withhold federal...
by Caden DeLisa | Oct 4, 2023
Florida’s General Revenue collections for August exceeded initial projections, recording a gain of $285.7 million, an approximately 8.8 percent increase compared to initial economic forecasts. Sales Tax collections for the month surpassed estimates, with a boost...
by Brian Burgess | Oct 3, 2023
Florida Senators will examine the state’s property insurance market next week, seeking solutions for property owners and insurers. The hearing comes as Citizens Property Insurance Corp. continues to grow despite efforts to shift policies to the private market....
by Brian Burgess | Oct 3, 2023
Miami’s debut at No. 24 on the Global Financial Centres Index reinforces the city’s position as a burgeoning global hub for finance and technology. West Palm Beach has also undergone significant transformation into what some are calling “Wall Street...
by Caden DeLisa | Sep 29, 2023
Progressive Home Insurance told its agents on Friday about changes to its property insurance portfolio in Florida, where it insures over 200,000 residents. The company will now only offer insurance for owner-occupied properties and will discontinue coverage for...
