TALLAHASSEE - As homeowners continue piling into the state-backed Citizens Property Insurance Corp., regulators this week approved proposals that could lead to private insurers pulling as many as 184,000 policies from Citizens starting in October. Insurance Commissioner Michael Yaworsky signed orders Monday approving...
Farmers Insurance announced in July the company will be withdrawing from the Florida insurance market due to the level of insurance risk posed in the state.Farmers said only Farmers-branded insurance products are being ended in Florida, which account for roughly 100,000 auto, home...
Oak Fire in Mariposa County from the PG&E Mount Bullion Live Camera on Friday, July 22, 2022 at 4:35 P.M.August 1, 2023 - To address growing concerns surrounding finding and maintaining homeowners insurance coverage in California, experts at the California Dept. of Insurance,...
Scientists expect heavy rainfall to cause more flash flooding in the future, and standard home insurance policies won't pay for flood damage. To check ...
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Florida Governor Ron DeSantis addressed the "out of control" insurance crisis plaguing the state after a reporter confronted him about the issue.The Florida insurance market has been unstable for decades but has grown increasingly volatile in recent years. This month, Farmers Insurance announced...
New You can now listen to Insurance Journal articles!Florida insurance agents will soon be able to access a new online clearinghouse platform designed to make it easier to steer policyholders away from the still-growing, state-created...
