A Florida House committee has advanced a bill designed to crack down on a controversial practice that allows property insurance companies to divert profits to affiliated businesses, effectively ...
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Florida property insurance company plans biggest rate drop in its history: What to know
Florida’s ninth largest property insurer has announced the largest decrease in its rates since it started doing business 20 years ago. Florida Peninsula Insurance Company is decreasing its average ...
Florida's home insurance market is stabilizing but remains one of the most expensive in the nation, partly due to hurricane risk. State-backed Citizens Insurance hiked rates up to 14% for primary ...
Two new insurance companies, Viceroy Preferred Insurance and Vision Insurance Exchange, are entering the Florida homeowners insurance market. This marks 16 new insurers since 2022, stabilizing a ...
There’s been a distinct trend in Florida’s property insurance market, one that’s been abetted by the complacency of Gov. Ron DeSantis and the state Legislature. It goes like this: Pay more. Get less.
‘If we gut the system, communities get gutted’: Lawmaker's warning on cutting Florida property taxes
FILE – Ray and Kelly work on home improvement projects on Jan. 31, 2023, in West Palm Beach, Fla. Florida lawmakers will be debating changes to some local property taxes during the 2026 legislative ...
Florida Peninsula Insurance Company is lowering its average homeowner rates by 8.4% and condo rates by 12%. The rate decrease is attributed to a drop in lawsuits against insurance companies following ...
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