Category: Florida News

  Florida’s Hurricane Fund in Best Shape Ever Ahead of Season Florida’s continued lucky streak when it comes to dodging hurricanes is helping a key state fund reach its best financial shape ever in the two decades it has been …

  Florida Auto Insurance Premiums Increase Despite Law to Lower Them It’s been four years since reforms were put into place with promises that auto insurance premiums would go down.  Florida drivers pay some of the highest auto insurance rates …

  CORRECTION:  Please note that the date of this meeting is TOMORROW, May 12. In advance of its Advisory Council meeting tomorrow, May 12, 2016 at 1:30 p.m. (ET), the Florida Hurricane Catastrophe Fund (“FHCF”) has published a revised meeting …

  Florida’s Citizens Property Insurance Corporation (“Citizens”) advised today, May 10, 2016, that important policy changes are coming beginning July 1 as the state-backed insurer takes steps to provide better educate its policyholders early in the claims process with the …

  Alachua Firefighter Shortage Could Hike Insurance for Thousands Nearly 3,000 residents and businesses in four Alachua County communities are facing big hikes or cancellation of their Homeowner’s Insurance after an Agency threatened to lower their ratings because of a …

  A.M. BestTV:  Mitigation Firms Play Havoc With Florida Homeowners Market In this A.M.BestTV episode from the annual conference of the Florida Association for Insurance Reform, insurance leaders said Florida must revise an out-of-control system that allows mitigation companies to …

  HCI Chairman and CEO Paresh Patel undaunted After two-and-a-half years of planning and development, HCI officially launched TypTap, an online residential flood insurance platform, Steve Benna reports for the Florida Business Observer.   Empower property owners on flood insurance …

  The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Board is scheduled to meet on May 12, 2016 at 1:30 p.m. (ET) to review the 2016 Estimated Claims Paying Capacity Report.   Also on the agenda is a review of FHCF-related …

  Citizens drops policies on homes valued over $700K in Broward, Palm Beach After reducing its policy count by more than two-thirds over the past four years, state-run Citizens Property Insurance continued to shed its risk load by securing approval …

  Florida Insurance Commissioner Candidate Jeffrey Bragg Applies for PSC Post Governor Rick Scott’s top choice to become insurance commissioner, Jeffrey S. Bragg, is among the 11 candidates who have applied to become Public Service Commissioner, the powerful board that …