Florida lawmakers consider sweeping property insurance reforms

The Florida Office of Insurance Regulations (OIR) has suggested that Florida’s national property insurers would likely double their losses from 2019 to 2020. Here, residents examine debris after Hurricane Michael hit Mexico Beach, Fla. 2018. (Photo: Zack Wittman / Bloomberg) Florida Senate Bill 76, introduced by Senator Jim Boyd (R-Bradenton), was recently adopted by... Read More

Florida property insurance market is closing

Florida’s insurer of last resort, Citizens Property Insurance Corp., has emerged as the insurer of first resort as thousands of new policies pour in every week and the private home insurance market continues to spiral downward. “The reality is that the market in Florida is closing,” Citizens President and CEO Barry Gilway said in... Read More

Better rental insurance in 2021 • Benzinga

We narrowed the field down to 4 companies that ranked among the best tenant insurance. We’ll go over what each policy covers, the premium you expect to pay, and whether you can add additional coverage to your policy. Cheapest tenant insurance: Explanation of tenant insurance coverage Most tenant insurance policies include 3 types of... Read More