Overcharged or uninsured: Florida homeowners need real insurance reform | Commentary
Homeowner's Insurance, property insurance, Insurance Regulation News, hurricane season, Office of Insurance Regulation, Citizens Property Insurance Corporation
News & Updates
Citizens Property Insurance Corporation
Despite persisting challenges, Florida’s property insurance market shows improvement amid reforms
property insurance, SB 2D, Michael Yaworsky, CFO Jimmy Patronis, Homeowner's Insurance, Insurance Regulation News, Florida Legislature, Citizens Property Insurance Corporation
It shouldn’t take 2024 storm season to prompt Florida insurers to address climate change
Florida insurance market, property insurance, Insurance Regulation News, hurricane season, Office of Insurance Regulation, Citizens Property Insurance Corporation, Insurance Regulation
Soaring insurance costs also frustrate mobile, manufactured homeowners in Florida
Insurance Regulation News, Florida Legislature, Office of Insurance Regulation, Citizens Property Insurance Corporation, mobile homeowners
Winds of change in lawmaker’s hurricane-related proposal
Florida Legislature, 2024 Legislative Session, HB 1213, hurricane coverage, Florida property insurers, wind-only, Insurance Regulation News, Citizens Property Insurance Corporation
OIR Highlights Market Improvements
As the new year begins, the Florida Office of Insurance Regulation (OIR) recently took the opportunity to recap notable changes in 2023. The new year marks almost one full year in office for Commissioner Mike Yaworsky, who was nominated for the position in February 2023 and formally appointed in March. Commissioner Yaworsky recapped the year […]
Market Showing Improvement in Small Steps
Almost a year ago, the Florida legislature passed significant reforms aimed at mitigating concerns in Florida’s residential property insurance market. At the time, the market was characterized by numerous insurer insolvencies, reduced appetites among admitted market insurers, rising rates and increasing reinsurance costs. At the time, policymakers urged patience because it would take months and […]
Will they or won’t they? Are lawmakers poised for another round of property insurance changes?
Michael Yaworsky, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation, Citizens Property Insurance Corporation
Florida’s homeowners insurance market faces strains amid hurricane season challenges: Moody’s
Hurricane Idalia, Florida homeowners, property insurance, Insurance Regulation News, Florida Hurricane Catastrophe Fund, Citizens Property Insurance Corporation
After Idalia, will Florida policyholders see yet another surcharge or increase?
Hurricane Idalia, Insurance Regulatory News, Florida property insurers, Office of Insurance Regulation, Citizens Property Insurance Corporation