by Brian Burgess | Oct 11, 2023
Florida lawmakers may take a “wait and see” approach to property insurance during the upcoming legislative session. At the same time, a new report finds experts doubtful that legislative changes will be enough to lower premiums. Experts cite three factors...
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 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 Jim Saunders - News Service of Florida | Sep 28, 2023
Citizens Property Insurance Corp. expects a policy decrease to around 1.3 million by end of 2023 from earlier estimates of 1.5-1.7 million. This is due to efforts to shift policies to private insurers and no insurer insolvencies in Florida this year. Insurance...
by Brian Burgess | Sep 21, 2023
Photo credit: U.S. Army National Guard Spc. Ana-Grace Catoe Estimated insured losses from Hurricane Idalia have reached $188 million, offering some relief to insurers and policyholders in Florida. The hurricane has resulted in a total of 20,151 claims, with 13,864...
by Brian Burgess | Sep 21, 2023
Florida’s Medicaid enrollment declined due to the end of COVID-19 emergency rules, but the state’s approach aligns with federal guidelines. Kaiser Family Foundation data shows Florida’s Medicaid disenrollment rates are comparable to other large...
