Massive tax hike, small reprieve
Many Floridians have whined that the Florida Legislature and Gov. Ron DeSantis have failed to enact effective homeowner insurance reform, seemingly enabling insurance companies to charge whatever they want. One insurance company sent renewal notices to thousands of policyholders...
TALLAHASSEE — Florida regulators Thursday dug into a proposal that would lead to double-digit rate increases for customers of Citizens Property Insurance Corp., as the state insurer of last resort continues trying to push policies into the private market.The Florida Office of Insurance...
COLORADO SPRINGS, Colo. (KKTV) -Homeowners in Colorado are facing insurance costs that are $894 above the national average, a surge of 52% in just the last five years, driven by the state’s susceptibility to wildfires and hailstorms.The high frequency of these natural disasters...
When actuary Greg Fears attended a Western Region Captive Insurance Conference in April, he expected to learn and share information about emerging uses of captives for commercial risks, including trucking captives—a recent focus of his...
TALLAHASSEE, Fla — The Office of Insurance Regulation (OIR) is holding a public hearing on a proposed rate increase for Citizen Property insurance in 2025.In June, our Nadeen Yanes reported on the 14% proposed rate hike that will impact more than one million...
