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Florida’s property insurance industry sees financial turnaround in 2024 thanks to state legislative measures – Insurance News

After nearly a decade of a rocky market, the Florida residential property insurance industry returned to profitability in 2024 just as the new Hurricane Season is getting under way. Global credit agency AM Best attributed to legislative changes in 2022 helped revitalize the...

Stephanie Grace: Just call it the “Blame Tim Temple” law | Columnist Stephanie Grace

Gov. Jeff Landry knows about political power. He cares about it. He has spent a good part of his first year-plus in office attempting to amass it, often successfully, including through legislation aimed at centralizing appointment authority in his office.So it was quite...

Hillsborough Property Appraiser offers lawmakers an out-of-the-box insurance savings pitch

Hillsborough County Property Appraiser Bob Henriquez has a novel idea to ease Floridians’ wallets when it comes to affordable homeownership. Homeowners across the state are facing a crisis regarding the price of property insurance. Lawmakers have struggled in recent months and years to fully...

Free up markets to solve California’s home insurance crisis – Insurance News

Adam B. Summers, The Orange County RegisterOrange County Register A recent administrative law judge’s decision paved the way for State Farm to significantly increase homeowners insurance rates in California—the state’s first-ever emergency rate hike—and that might not be such a bad thing in the...

Property insurance in Louisiana may come down sooner than auto insurance, watchdog says – FOX 8

Property insurance in Louisiana may come down sooner than auto insurance, watchdog says. Updated: 3 hours ago. Close. Subtitle Settings. Source link