Category Archives: Florida Legislation

Agents may not know all aspects of Florida’s new property insurance law, consumers say

News Source: WKMG News 6 Author: Louis Bolden Date Published: June 13th, 2022 ORLANDO, Fla. – It’s been just over two weeks since the governor signed an insurance bill into law, but consumers tell…

Wave of Florida homeowners forced to use Citizens Insurance

  News Source: WBTV Author: Matt Sczesny Date Published: June 9th, 2022   WEST PALM BEACH, Fla. — Homeowners in Florida are signing up for Citizens Property Insurance Corporation at a…

Insurance is driving up costs for condo associations

News Source: 10 Tampa Bay Author: Libby Hendren Date Published: June 8th, 2022   ST. PETERSBURG, Fla. — If you’ve been shopping for a place to live, odds are you’re finding fewer…

Amid turbulence in FL property insurance market, homeowners still have options — but not many

News Source: Florida Phoenix Author: Laura Cassels Date Published: June 7, 2022 With the first named storm of the 2022 hurricane season — Alex — already leaving its mark on South Florida, the…

Florida’s new laws on property insurance and condo safety may not give homeowners relief

Source: WUSF Public Media Author: Sarah Mueller Date Published: May 29, 2022 Some lawmakers and industry analysts worry the new laws don’t deliver relief fast enough and don’t go far enough for property…

Fears mount that many insurers might not be financially prepared for hurricane season, despite reforms

Source: South Florida Sun-Sentinel Author: Ron Hurtibise Date Published: May 28, 2022 While most Floridians kick off summer by enjoying a long Memorial Day weekend, executives of financially shaky insurance companies will be…

Florida Insurance Groups Divided on Proposed Special Session Bill

Source: Insurance Journal Author: William Rabb Date: May 22, 2022 Florida’s insurance community appears to be split, at least to some degree, on the impact that two draft bills will have on the…

Consumer advocates push accountability for bad actors, assistance for homeowners ahead of Special Session

  Source: Florida Politics Author: Jacob Ogles Date Published: May 23, 2022 Advocates say lawmakers need to look beyond Summer and storm season. As lawmakers return to Tallahassee for a Special Session,…

FL lawmakers unveil property-insurance fixes but market has ‘further devolved’

Source: Florida Phoenix Author: Laura Cassels Date Published: May 22, 2022 Creating a $2 billion reinsurance fund to help insurance companies pay catastrophic claims is a good idea but it is unclear…

As climate in FL sets ‘new normal,’ cost of property insurance will separate haves and have-nots

News Source: Florida Pheonix Author: Laura Cassels Date Published: May 19, 2022 Florida lawmakers poised to act against soaring property-insurance rates may address allegations of insurance fraud and may manage to lure jittery…