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As Citizens Property Insurance Corp. waits for a decision on a plan that would lead to double-digit rate increases for customers, the state-backed insurer remains on a path to grow to 1.7 million policies by the end of the year
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The cost of homeowners insurance in Florida has increased 100% over the last few years
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The Florida insurance market took a hit, as Farmers Insurance said it will end residential, auto and umbrella policies in the state.
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The bill shields businesses from lawsuits blamed for driving up insurance costs. Opponents say the reforms make it harder for injured people to get compensated.
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Kevin Altmaier, who has been Florida's top insurance regulator since 2016, submitted his resignation on Thursday. He did not give a reason for his departure.
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The company's Board of Governors is scheduled to consider the proposal during a meeting Wednesday in Tampa. Ultimately, the state Office of Insurance Regulation would have to sign off on any increases.
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Customers of Citizens Property Insurance Corp. are getting a bigger rate hike than was initially proposed, due to a change in a state law that was…
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As the six-month hurricane season officially begins June 1, the Florida Division of Emergency Management will have surpassed 450 days responding to the…
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A federal appeals court next week will wade into a battle about whether Jacksonville-based Florida Blue, the state’s largest health insurer, violated…
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The Florida Office of Insurance Regulation has approved new rates for Citizens Property Insurance Corp. that will increase average rates for residential…