Florida property insurance Archives

Florida Governor to Sign Industry-Backed Property Insurance Benefit Reform

Florida Governor Ron DeSantis has signaled he will sign the recently-passed property insurance reform legislation that the insurance industry and consumer advocates say will stem abuse of a policy ...

Florida’s Property Insurer Avoids Storms, Piles Up Cash As Its Bonds Suffer

Florida's government-run insurance system has amassed record cash reserves as hurricanes bypassed the state since 2005. That hasn't helped investors in its bonds, with some trailing benchmarks by the ...

Dear Florida CFO: Why Lower Reinsurance Costs Do Not Lower Homeowner Premiums

Florida's insurance regulator, answering the state's CFO who wanted to know why lower reinsurance costs have not translated into reduced homeowners rates, said insurers have significant leeway in how ...