by Jim Saunders - News Service of Florida | Jan 4, 2023
Homeowners flocked to state-backed Citizens Property Insurance Corporation last year The so-called “insurer of last resort” grew by 50 percent last year Lawmakers passed a major overhaul of the property insurance market in December, partly aimed at...
by Brian Burgess | Dec 31, 2022
The Capitolist’s 2022 Reader’s Choice Story of the Year: Hurricane Ian’s far-reaching impact Our readers have spoken, and more than 34 percent say that Hurricane Ian’s far-reaching impact on Florida should be the 2022 Story of the Year. The...
by Jim Turner - News Service of Florida | Dec 27, 2022
A range of new laws and regulations are set to take effect in Florida once the new year rings in From lobbying and toll credits to land preservation and school curriculum training, the measures were passed during regular and special sessions in 2022 The 2023...
by Capitolist Staff | Dec 23, 2022
Florida’s property insurance market is in turmoil right now, with many homeowners shopping for better alternatives But before switching providers or signing up a new insurer, experts suggest making sure common disasters are covered Insurance.com put together a...
by Jordan Kirkland | Dec 22, 2022
The Progressive, a property and casualty insurer, reduced its loss estimates from Hurricane Ian The company now estimates losses and allocated loss adjustment expenses for its property business as of December-end to be $1B, prior to giving effect to reinsurance The...
by Jim Saunders - News Service of Florida | Dec 22, 2022
Last week’s changes to Florida law will provided “much needed relief” but the relief won’t be immediate. AM Best released a report this week analyzing the impact of the changes to Florida’s property insurance industry The report lauded...
