A property insurance overhaul bill was signed into law Friday by Gov. Ron DeSantis.
Tag: Florida homeowners
SURE Now Provides E&S Homeowners Insurance in Florida
SURE announced it now writes excess and surplus lines property insurance in Florida.
FL Gov DeSantis Announces Support for Ian-Impacted Homeowners Insurance Deductibles
Governor Ron DeSantis announced that the Florida Housing Finance Corporation (Florida Housing) will award $5 million to local housing partners to assist Floridians impacted by Hurricane Ian in the six hardest hit counties in paying their home insurance deductibles. Individuals, families, and seniors living in Charlotte, Collier, DeSoto, Hardee, Lee, and Sarasota counties who apply… Continue reading FL Gov DeSantis Announces Support for Ian-Impacted Homeowners Insurance Deductibles
Florida Bills Limit Roof Refusal by Insurers, Add New Fund
Florida lawmakers’ proposed legislation for an upcoming special session to reform the state’s property insurance market would establish a $2 billion reinsurance fund and prohibit insurers from automatically denying coverage to homeowners with older roofs. Four bills introduced late Friday in the state House and Senate would establish a new fund from which insurers could… Continue reading Florida Bills Limit Roof Refusal by Insurers, Add New Fund
Florida’s Citizens Insurance Grows by More than 100K Policies in Four Months
The state-owned “insurer of last resort” added more than 100,000 new policies between February and May — a result, officials say, of an ongoing customer purge by private-market companies looking to shed policies that are most likely to generate costly claims. Citizens Property Insurance Corp., created to ensure Floridians can find insurance when no one… Continue reading Florida’s Citizens Insurance Grows by More than 100K Policies in Four Months