Florida Gov. Ron DeSantis raised some questions Friday when he suggested that Citizens Property Insurance Corp., the state-created insurer, has "not been solvent" and may ...
Just days after some 90,000 policies from troubled United Property & Casualty Insurance Co. were transferred to Slide Insurance as part of a wind-down of the carrier, ...
One year after Slide Insurance made waves by taking over thousands of policies from a troubled Florida carrier, the young company has done it again.
Between 2017 and 2022, 11 property and casualty insurers writing mainly homeowners insurance in Florida, where they were domiciled, were declared insolvent and placed in ... Even before Hurricane Ian, Florida's home insurance market was hobbled by fraudulent claims, pricey lawsuits and financial mismanagement by some insurance firms. 
Is the Broken Florida Homeowners Insurance Market Finally Fixed?
Florida’s Homeowners Crisis Requires Insurance Stability, Legislative Reform and Smart Technology
Florida’s Citizens Tops 1 Million Policies, Making It Largest in State
Florida's Citizens Property Insurance Corp., created by lawmakers as a last-resort option, has become the largest property insurer in the state with more than 1 million policies in force — and ...
Citizens Adds Thousands of Policies but Has Yet to Complete Reinsurance Needs
Two developments at Citizens Property Insurance Corp. show how tough the Florida market continues to be, even after recent legislative action. At a Citizens Market Accountability Committee meeting ...
Special Florida Insurance Session Welcomed, but Will It Come Soon Enough?
Florida's governor has yet to set a date for a special legislative session aimed at the property insurance crisis in the state, but some in the industry, while welcoming the gathering, said it may ...
From Roof Building Codes to ‘Matching’ Limits, Some Changes Underway in Florida
Property insurance companies and roofers in Florida don't often see eye-to-eye. Insurers have frequently blamed unscrupulous contractors for jacking up claims, and roofing companies have sued ...
Lexington Insurance Pulling Out of Florida, Other Markets for High-End Homes
Lexington Insurance, an AIG company, is pulling out of the Florida homeowners market, leaving an estimated 8,000 affluent customers looking for coverage. And those homeowners likely won't be able to ...
