Florida Welcomes 20 New Insurers Since Recent Legislative Reforms Passed. How Can This Save You Money On Policy Costs?
Recent Florida Insurance News July 1, 2026 Florida Insurance News Florida’s insurance market continues to improve with 20 property & casualty insurers recently entering the market. Together, the 20 new companies have brought more than $850 million in new capital to Florida and have helped by showing improvement in combined ratios, more flexibility in choosing […]
For the last two years, Florida’s insurance marketplace has shown significant improvement stemming from litigation reform.
Recent Florida Insurance News June 24, 2026 Florida Insurance News For the last two years, Florida’s insurance marketplace has shown significant improvement. The number of new insurers coming into the Florida market has almost quadrupled since last year. Automobile insurance rates have done more than decrease, hundreds of thousands of customers have actually received rebate […]
Florida lawmakers voted last week on a $115 billion state budget with wind mitigation and insurance costs being highlighted
Recent Florida Insurance News June 1, 2026 Florida Insurance News Florida lawmakers voted last week on a nearly $115 billion state budget after House and Senate leaders reached a final deal late last Sunday, ending a process that continued beyond the regular legislative session. Lawmakers are also continuing to negotiate spending proposals tied to among […]
What Most Florida Homeowners Miss About Flood Insurance Coverage – What’s Covered And What Isn’t…
Recent Florida Insurance News May 7, 2026 Florida Insurance News Most homeowners insurance policies do not cover flood damage. Flood coverage requires a separate policy, often comes with a waiting period, and is one of the most commonly misunderstood gaps for Florida homeowners. After every major storm, I have the same conversation with homeowners: “I […]
We Need More – Much More – Wind Mitigation, Say Experts at the Florida Office of Insurance Regulation’s Insurance Summit
Recent Florida Insurance News April 30, 2026 Florida Insurance News Florida has the largest wind-mitigation grant program in the country, providing more than $300 million to homeowners. Experts at the recent Florida Office of Insurance Regulation’s Insurance Summit, held earlier this month in Tallahassee say the program is not sufficient with needs for targeting additional […]
Colorado State University predicts the 2026 hurricane season to be slightly below average for the number of storms. Read more…
Recent Florida Insurance News April 10, 2026 Homeowner Insurance News Florida Insurance News Colorado State University forecasters said this year’s hurricane season is slightly below average for the number of storms.When a storm hits, your home insurance matters, and insurance experts explain whether a below-average forecast influences how much you pay. Homeowners’ insurance premiums are […]
According to the Insurance Information Institute, reforms have contributed to rate-filing reductions by dozens of insurers…
Recent Florida Insurance News April 3, 2026 Florida Insurance News Legislative reforms targeting legal system abuse and claim fraud in Florida continue to stabilize the state’s property and casualty insurance market. According to the Insurance Information Institute’s latest issues brief, Florida: State of the Risk, these reforms have contributed to rate-filing reductions by dozens of […]
Earlier this month, the Florida senate unanimously approved bill SB 1706 to help redirect funds in the MySafe Florida Condo program…
Recent Florida Insurance News March 20, 2026 Florida Insurance News Earlier this month, the Florida senate chamber unanimously approved the bill SB 1706 to help redirect funds in the MySafe Florida Condo program to those in need. If passed into law, the bill would reshape the MySafe Florida Condo pilot program that helps provide condo […]
Florida Insurance Fee Ends Two Years Early as state officials say policyholders statewide could save about $650 million. Read more…
Recent Florida Insurance News March 7, 2026 Homeowner Insurance News Florida Insurance Fee Ends Two Years Early as state officials say policyholders statewide could save about $650 million. A 1% emergency assessment on Florida property insurance policies will end two years early after the Florida Insurance Guaranty Association voted to terminate the charge. Under the […]
An emergency assessment initiated over 2 years ago to pay for insurance bonds is coming to an early end. Read more…
Recent Florida Insurance News February 25, 2026 Florida Insurance News Homeowner Insurance News An emergency assessment initiated more than two years ago to pay for insurance bonds is coming to an early end. The Florida Insurance Guaranty Association voted to eliminate the assessment on Florida homeowner and business property and casualty policies two years earlier […]