insurance

Florida lawmakers and insurance industry officials say changes, such as steps to reduce costly litigation, are helping the market rebound.

Private insurers pulled more than 275,000 policies last year from Florida’s Citizens Property Insurance and nearly 115,000 this year,

A federal judge has rejected a request by Florida & other states for a preliminary injunction to block changes to the National Flood Insurance Program.

Republicans are more likely to blame the federal government for high insurance costs while Democrats are more likely to blame the state.

President Donald Trump is already putting his thumb on the scale in the campaign to succeed Florida Chief Financial Officer Jimmy Patronis.

Citizens had about 1.162 million policies Friday, down from 1.18 million policies a week earlier.

Senate Budget Chair Sheldon Whitehouse sent a letter that cited a recent comment by Florida Gov. Ron DeSantis that Citizens is “not solvent.”

"... according to Florida’s own governor, Citizens faces a major solvency crisis and would be unable to pay out all claims and expenses should a major storm hit Florida,” Sen. Sheldon Whitehouse wrote.

The Florida House passed a bill that could lead to at least some second homes moving from Citizens to the private insurance market.

The Florida Senate rolled out a tax package that includes sales-tax “holidays” and modest discounts on property-insurance policies.

A home-hardening grant program designed to help reduce property-insurance costs could get another $200 million from the state.

Florida regulators approved proposals by three private insurers to take 54,386 policies from the state’s Citizens Property Insurance.