Florida’s homeowners market may look better than it has in the past, but Travelers Cos. is still steering clear, according to Travelers Personal Insurance President Michael Klein.
Tag: home insurance FL
Progressive Insurance Begins Dropping Homeowners Policies in Florida
It was a sinking feeling the moment Bradenton resident Ira Kasdan got the letter last month that he was being dropped by Progressive Insurance.
Slide Acquires Renewal Rights for Farmers’ Homeowners Policies in Florida
Slide Insurance, the full-stack insurtech providing effective homeowners coverage for the Florida market, today announced it has acquired renewal rights for 86,000 Florida homeowners insurance policies from Farmers Insurance®.
Status of the Property Insurance Market in Florida
Florida is frequently the target of increasingly severe natural disasters like hurricanes, floods, and other calamities that drastically affect the property insurance market.
New Florida Insurer Picks Up Nearly 200,000 Homeowners from Insolvent Carriers
A new company in Tampa has become one of the larger providers, taking on nearly 200,000 policies from failing companies.
Florida Startup Slide Buys 91,400 Homeowners Policies from UPC Insurance
A Tampa insurance technology startup has acquired more than 91,400 Florida homeowners insurance policies from St. Petersburg’s UPC Insurance.
More than Two Big Storms in Florida Could Spell Trouble for Insurers
In Florida, it’s that time of year again. Peak hurricane season is bearing down on the state like the flying saucer in the film “Nope.” Insiders in the insurance industry say policyholders are insured as long as the state isn’t hit by more than two major storms. Typically, the most dangerous tropical cyclones strike Florida… Continue reading More than Two Big Storms in Florida Could Spell Trouble for Insurers
Florida Gov. DeSantis Sets Special Session to Address Property Insurance Crisis
Following through on his earlier pledge, Gov. Ron DeSantis on Tuesday called lawmakers back into special session next month to work on new fixes for the state’s troubled property insurance market. DeSantis set the session for May 23 through May 27, giving the governor and lawmakers at least the appearance of tackling a deepening crisis… Continue reading Florida Gov. DeSantis Sets Special Session to Address Property Insurance Crisis