Home insurance rates keep climbing, along with lawsuits. Will it ever end?
insurance rates, hurricane claims, Homeowner's Insurance, Insurance Regulation News, Citizens Property Insurance Corporation
News & Updates
Homeowner’s Insurance
Flood Disclosure Adjustment Continues to Move
A second Senate committee has approved an adjusting to existing law relating to flood insurance disclosures. Last year, the legislature adopted a requirement for all homeowners’ policies to state that they do not cover flood damage. Unfortunately, there is no exception in the current law for policies that actually do contain flood insurance in the […]
Farmers Insurance expands into Florida
Homeowner's Insurance, Farmers Insurance, property and casualty insurance, Insurance Regulation News
Second DCA Upholds Multiple Assignments
Florida’s Second District Court of Appeal has upheld the ability of a policyholder to make multiple assignments under a homeowners insurance policy. Nicon Construction v. Homeowners Choice Property and Casualty Insurance Company involved a policyholder’s issuing assignments of benefits to two separate vendors. The insurer argued that upon the policyholder’s assigning the policy rights to […]
Florida insurers make the case for legislative reforms
Florida insurers, water damage claims, CFO Atwater, Florida Chamber of Commerce, Homeowner's Insurance, Insurance Regulation News, Florida Legislature, Citizens Property Insurance Corporation
Betcha can’t guess which state had the most lightning-related insurance claims?
lightening strikes, insurance claims, Homeowner's Insurance, Insurance Regulation News
Florida most expensive in nation for home insurance
OIR, Homeowner's Insurance, property insurance, Jeff Atwater, Kevin McCarty, Insurance Regulation
Florida Congressman Proposes Disaster Savings Accounts
Homeowner's Insurance, property insurance, disaster savings accounts, hurricane mitigation, Insurance Regulation
Florida’s insurance rates: Time to drop
Kevin McCarty, Office of Insurance Regulation, hurricane season, Jeff Atwater, Homeowner's Insurance
Fla. regulator explains why rates aren’t dropping
Kevin McCarty, Office of Insurance Regulation, property insurance, Homeowner's Insurance, Hurricane Andrew, CFO Atwater, Insurance Regulation