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Watch your mailbox: Citizens insurance moving to offload customers to private market

Watch your mailbox: Citizens insurance moving to offload customers to 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...
Idalia claims still coming in, but won’t trigger Citizens assessment

Idalia claims still coming in, but won’t trigger Citizens assessment

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...
Medicaid enrollment in Florida declines, but state makes adjustments for Idalia victims

Medicaid enrollment in Florida declines, but state makes adjustments for Idalia victims

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...
Report: Florida leads nation in lawsuits per capita – by a wide margin

Report: Florida leads nation in lawsuits per capita – by a wide margin

by Brian Burgess | Sep 20, 2023

Florida leads the U.S. in litigation, with over 59,400 cases filed from March 2022 to March 2023, translating to 276 cases per 100,000 people, more than double the number in New York. Legislative changes in Florida earlier this year triggered a surge in legal...
Breakfast bites: Unemployment rates hold steady; Passidomo weighs in on education dereg; and more…

Breakfast bites: Unemployment rates hold steady; Passidomo weighs in on education dereg; and more…

by Brian Burgess | Sep 18, 2023

Easily-digested news nuggets to start your day… Florida unemployment holding steady Florida’s unemployment rate held steady at 2.7 percent for the second consecutive month in August. The state saw an increase of 8,000 unemployed Floridians compared to...
States battle feds on National Flood Insurance Program, with major implications for Florida

States battle feds on National Flood Insurance Program, with major implications for Florida

by Brian Burgess | Sep 15, 2023

Multiple states, including Louisiana and Florida, are challenging FEMA’s new flood insurance rates, arguing they could hurt property values and wreck property insurance markets. Officials say the rate hikes may force some working-class homeowners to abandon...
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