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Citizens Property Insurance denied 77% of Florida homeowners’ claims from Hurricane Debby, new data shows

FLORIDA – Citizens Property Insurance denied 77% of homeowners claims from Hurricane Debby, according to new data from the Allbritton Journalism Institute.RELATED | Florida Democrats sound the alarm as hurricane season collides with property insurance, affordable housing crisesHurricane Debby was the first of...

Things are changing fast in the home insurance market

In the weeks after Hurricanes Helene and Milton hit the Southeast, the price to rebuild has become a contentious...

Former Sen. Jeff Brandes blames lack of leadership in Tallahassee for insurance crisis

Former state senator Jeff Brandes says a lack of legislative leadership is making it impossible to solve Florida’s ongoing property insurance crisis. Brandes, speaking on WMNF WaveMakers with Janet & Tom, said term limits mean legislative leaders like Senate presidents and House speakers are...

Homeowners impacted by Milton face unexpectedly high insurance deductibles

MARTIN COUNTY, Fla. — Jamie Tracey’s Port Salerno home was one of several that suffered damage following the tornado outbreak earlier this month.The 71-year-old calls it an ‘insurance nightmare,' facing a $14,000 deductible to get her house fixed.Tracey took a direct hit from...

John Snyder faces Alberto Hernandez in race focused on property insurance rates – Insurance News

See what the two candidates for Florida House District 86, which includes most of Martin County and part of Palm Beach County, had to say. This article is available to Insider Pro subscribers only. Sign in or register to be an Insider Pro and...

UK home insurers witness second consecutive loss-making year in 2023: EY

According to a recent analysis by EY, UK home insurers remained in the red in 2023, only marginally improving on record losses from 2022, posting a loss-making net combined ratio (NCR) of 118% in 2023, a slight improvement from 2022’s 122%. In their UK...