INSIDER
After drawing seven bids from its invitation to negotiate for “turn-key” office space in Jacksonville, Citizens Property Insurance Corp. has selected a property in South Jacksonville.
After drawing seven bids from its invitation to negotiate for “turn-key” office space in Jacksonville, Citizens Property Insurance Corp. has selected a property in South Jacksonville, News4JAX’s news partner the Jacksonville Daily Record reported.
After drawing seven bids from its invitation to negotiate for “turn-key” office space in Jacksonville, Citizens Property Insurance Corp. has selected a property in South Jacksonville, News4JAX’s news partner the Jacksonville Daily Record reported.
With skyrocketing property insurance and the cost of housing among the biggest concerns for Floridians, two Republican lawmakers recently introduced a couple of bills aimed at giving relief to homeowners. However, some experts say that if approved, the bills might have the opposite effect.
With less than a month until the next Legislative session in Florida, lawmakers have been busy filing bill after bill in attempts to update state law. Among the latest of these bills is HB 599 — dubbed the “Fallen Tree Act” — which was filed by Rep. Nan Cobb (R-26) on Thursday.
A new poll from the University of North Florida’s Public Opinion Research Lab (PORL) asked more than 800 active registered voters across Florida what their biggest concerns were, and most said the cost of housing and insurance.
A new bill in Florida’s upcoming legislative session could change how property insurance companies notify you about canceling, renewing or increasing your policy rates.
Homeowners’ insurance policies appear poised to continue flowing out of the state’s Citizens Property Insurance Corp. in 2025.
The cost of home insurance in Florida was a hot topic at this year’s Florida Chamber of Commerce Insurance Summit in Orlando.
Christmas is fast approaching, but there’s one unexpected gift homeowners might unwrap early this season: lower property insurance premiums.
Property insurance experts say Florida homeowners have reason to be hopeful about future insurance costs.
Citizens Property Insurance denied 77% of homeowners claims from Hurricane Debby, according to new data from the Allbritton Journalism Institute.
The insurance industry is facing potential rate hikes, and one Fort Myers insurance agent is weighing in on what homeowners should expect.
The aftermath of Hurricanes Helene and Milton is still being assessed, and early estimates suggest that the financial impact could be felt by Florida residents in more ways than one.
In Duval, Clay, St. Johns, and Nassau counties, property insurance premiums rose by an average of 13.5% from 2023 to 2024.
Tarik Minor and city council member Matt Carlucci discuss the factors that determine liability when a tree on a neighbor's property causes damage to another neighbor's property. They emphasize the importance of documenting the tree's condition through photographs or certified letters. They also explore the complexities of homeowner's insurance after a tree falls on a property, including potential impacts on property insurance rates and the city's efforts to buy up homes in the area due to flooding issues.
Catastrophic flash flooding continues in South Florida after three consecutive days of torrential rains, and while it’s too early to tell exactly the totality of damage to vehicles and property, local Insurance experts said the flooding should be a reminder that now is the time to get flood insurance.
For years, property insurance companies have used drones to inspect property damage after a natural disaster.
Floridians are in the midst of hurricane season and a property insurance crisis.
Some assisted living facilities and nursing homes have been forced to close due to escalating operating costs tied to Florida’s skyrocketing property insurance rates, according to data from Bloomberg.
Florida’s Office of Insurance has stated the average homeowner’s property insurance premium in the market is approximately $3,600, but other insurance data experts report higher premiums.
One of the state’s largest property insurance companies has agreed to pay a $1 million fine after being accused of mistreating its policyholders in the wake of Hurricane Ian.
In the middle of what’s being called a “property insurance crisis” in Florida, several local homeowners said their policies are being dropped by Progressive, one of the biggest property insurance companies in the country.
As property insurance continues to be a hot topic of discussion for Floridians, thousands of Progressive customers are having to switch to a different insurance company after receiving a non-renewal notice from the company.
One in three Floridians who get dropped by their homeowner’s insurance company have moved or plan to move somewhere else.
Three Florida property insurance companies have either announced a reduction in their rates or the desire to pass some relief on to homeowners.
A Florida property insurance industry veteran said the eight new companies entering the market will increase competition and opportunities for customers.
Florida homeowners pay the most for home insurance, with an average annual rate of $10,996 in 2023, considerably less than America’s average rate of $2,377.
The Florida Office of Insurance Regulation (OIR) announced that eight property and casualty insurers are coming to Florida following legislative reforms designed to promote market stability.
Colorado State University’s (CSU) preseason hurricane forecast could potentially have a detrimental effect on Florida’s property insurance rates.
A Nassau County judge slammed a Florida property insurance company after he said it is stonewalling policyholders and disregarding court orders.
According to FloridaFloodInsurance.org, Florida is more likely to flood than any other state because of its flat terrain.
The Florida Office of Insurance Regulation will hold public hearings next week to determine if two private insurance companies can increase their premiums by more than 53%.
The Florida Senate unanimously cleared a bill Wednesday to put $100 million into the “My Safe Florida Home” program, which could help people lower their home insurance costs.
Florida Chief Financial Officer Jimmy Patronis urged Floridians to enroll in the My Safe Home Program to help save homeowners on insurance. The program has practically run out of money and state officials are trying to get it back running again.
The rising cost of home insurance has prompted some families to leave Florida and also led to an increase in homeowners deciding not to insure their homes, citing the high price of premiums.
Lawmakers in Tallahassee gathered for a special session Tuesday to discuss the extension of the My Safe Florida Home Program, which they say could lower property insurance premiums over time.
Florida property insurance experts say the approval of four insurance companies to take as many as 125,000 policies from Citizens Property Insurance is another sign the state is headed in the right direction.
As a major hurricane, Idalia not only threatens the lives of Floridians but also the progress of Florida’s property insurance market that was already in crisis.
Property Insurance experts are calling it a step in the right direction, in helping consumers in the state of Florida who have been rocked by the home insurance crisis.
AAA Insurance will be issuing non-renewals for a select number of homeowners in Florida, the company told News4JAX sister station WKMG on Thursday.
It continues to be a hot topic in Florida: The property insurance crisis that’s resulted in skyrocketing premiums for homeowners and more than a dozen insurance companies that have stopped writing policies in the state.
Two weeks into hurricane season, and two property insurance companies in Florida are scaling back policy coverage, citing their vulnerability to natural disasters like hurricanes and flood.
Dozens of Florida homeowners insured by Citizens Property Insurance are complaining about the abrupt price hike in their property insurance.
A bill that Gov. Ron DeSantis signed in early December includes several laws that went into effect at the start of the New Year, which includes laws that cover tolls, tenant safety and property insurance.
The property insurance debate at the Capitol of Florida is affecting a vast amount of people in the state.
The Florida Legislature will hold a special session on Monday to tackle the property insurance issues in the state.
A contractors group and an Orlando-area roofing firm Thursday challenged the constitutionality of a new law that combines a property-insurance change with efforts to bolster the safety of condominium buildings.
