Florida Consumers ‘Flabbergasted’ As Property Insurers Push for Double-Digit Rate Hikes

Homeowners insurance in Florida

Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a wave of litigation, and a law that encourages lawyers to sue by allowing courts to award them big fees. The rate increases in Florida, the third-largest property insurance market among U.S. states, are the highest… Continue reading Florida Consumers ‘Flabbergasted’ As Property Insurers Push for Double-Digit Rate Hikes