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Also in March, the Florida Office of Insurance Regulation (OIR) approved three private insurers – Mangrove Property Insurance ...
FLORIDA - The number of policies under Florida’s state-backed Citizens Property Insurance Corporation ... to continue shifting policies to private carriers. Florida officials have long pushed ...
In a positive sign for Florida's troubled property insurance market ... over 238,000 policies were transferred from Citizens to private carriers, with 12 insurers participating in the depopulation ...
Patriot Select, a newly approved home insurance company based in St. Petersburg, will offer another option for South Florida ...
House Bill 1549 removes these requirements, aiming to simplify the placement process and improve access for consumers. The ...
Because of improving catastrophe bond rates, observers see insurance policyholders escaping increases that marked the ...
Patriot Select also plans on building its base first through the Citizens Property Insurance take-out process. "Florida does offer kind of a unique way to scale up an insurance business ...
Florida is becoming a "victim of its own success," Cotality wrote, as residents are now "looking to escape" after years of explosive growth in the state.
Wind-pool areas include beachfront and coastal properties within 1,500 feet of a major body of water. Citizens Property Insurance Corporation, Florida's insurance company of last resort, is usually ...