Thousands of Florida homeowners will need to find new insurance policy after State regulators ordered Sarasota-based Florida Specialty Insurance Co. to liquidate.
The owner of Miami-based insurance agency has been arrested for allegedly steal more than $1.7 million in a fraudulent scheme, which is said could impact every policyholder in Florida.
Chief Financial Officer Jimmy Patronis is urging Floridians to be wary of a new scam that is stealing people’s money through Venmo-like text messages.
Florida’s east coast can expect a visit from a Tropical Storm this weekend, as a new system traveling through the Atlantic picks up strength.
Hurricane Dorian, which is currently pounding Grand Bahama Island, is expected to remain a powerful storm for the next couple of days as it inches closer to the Florida coast.
A new tropical depression has gained enough intensity to become Tropical Storm Dorian, and is now forecast to reach near hurricane strength over the next two days as it approaches the central Lesser Antilles.
Satellites have picked up an area of low pressure near the south east coast Florida, which has a 60 percent chance of forming into a tropical depression over the next five days.
Eight well-known Florida cities have been named among the top US cities most prone to hurricanes. These places have had the highest number of severe hurricanes in recent years.
Two tropical waves in the Atlantic Ocean have been picked up by the National Hurricane Center, with chances of forming into storms over the next five days.
FEMA has announced its National Flood Insurance Program has paid more than $1 billion to Florida policyholders after Hurricane Irma made landfall in 2017, highlighting the importance of holding a flood policy during hurricane season.
Two cities in the Sunshine State have been named among the best – and the worst – places for first-time buyers, citing market attractiveness, affordability and quality of life.
The board at Florida’s insurer-of-last-resort has approved a statewide average rate increase of 2.3 percent for homeowners insurance – a drop from the previously proposed 8.5 percent increase.
Researchers have released their updated 2019 hurricane season forecast, which predicts an average season with at least two major hurricanes.
A national insurance company has announced it cut its home insurance rates by 14.4% in Florida, a trend that is expected to start across other Florida carriers as a result of the AOB law changes.
The federal flood program is no longer the only option for Floridians. The number of insurers now offering private flood insurance in Florida has increased by 45 percent since 2017, as regulators work to expand the market and help more homeowners protect themselves from the costly risk that threatens the entire state.
HoneyQuote.com has today announced the launch of its new partnership program, which allows businesses across industries to enhance their services by offering their customers an end-to-end solution for purchasing homeowners insurance.
A licensed insurance agent in Florida has been arrested for allegedly obtaining and transferring more than 300 homeowner insurance policies without consent, pocketing nearly $476,00 as a result.
A new Florida bill seeks to punish Florida pet owners with jail time and animal cruelty charges if they leave their dogs behind while evacuating during a hurricane.
HoneyQuote.com is pleased to announce the addition of a new carrier partner and the launch of its real-time rating engine, which lets Florida homeowners compare multiple home insurance quotes and purchase a policy completely online.
The Senate Banking and Insurance Committee has passed a proposal to overhaul the rules around assignment of benefits, which could see insurance rates fall.
Florida-based home insurer FedNat Holding Company has announced plans to further expand into other states through an acquisition of 1347 Property Insurance Holdings.
A Florida woman has been arrested for allegedly scamming homeowners after Hurricane Irma and attempting to steal tens of thousands of dollars in insurance claims.
Affluent-focused insurer Berkley One has announced its expansion to Florida, bringing with it a range of options for home, auto, liability and travel insurance.
Citizens Property Insurance Corporation has announced its board has approved an 8.2 percent rate increase, citing growing litigation costs and nonweather water losses.
This year’s hurricane season may have been less active than prior years, but it still saw storms cause extensive property damage across Florida and other states.
Insured losses as a result of Hurricane Michael have stretched to more than $2.2 billion, with one Florida county making up the majority of these insurance claims.
Florida property insurance company American Integrity Insurance has announced a new insurance offering for boaters and personal watercraft owners.
An emergency insurance village has been set up in Panama City from today to help those recovering from Hurricane Michael with filing insurance claims.
Hurricane Michael is now a stronger storm and could potentially strengthen further before it hits Florida today, according to the National Hurricane Center.
Gov. Rick Scott has declared a state of emergency in 26 North Florida counties as soon-to-be Hurricane Michael is expected to make landfall this week.
A new property and casualty insurance company has been created as part of a strategic partnership between UPC Insurance and Tokio Marine as a way to reach new markets.
American Traditions Insurance Company has announced recently it has launched a new product for Florida renters in response to a diversifying marketplace.
Insurance Commissioner David Altmaier has issued a warning to all Florida homeowners recovering from Tropical Storm Gordon, saying watch what papers you sign.
A tropical storm warning has been issued for portions of South Florida with heavy rain predicted after a disturbance officially formed into a cyclone, says the National Hurricane Center.
A disturbance in the Atlantic has officially formed into Tropical Storm Florence, while a second system is expected to touch southern Florida, according to the National Hurricane Center.
A disturbance in the Atlantic is heading westward with a 90 percent chance of forming into a tropical cyclone in the next two days, according to the National Hurricane Center.
Six Florida counties are now in a state of emergency as a result of the red tide – a toxic algae bloom that is threatening the state’s marine life and tourism.
This year's Atlantic hurricane season should see at least one major hurricane and 12 named storms, a new forecast report from researchers says.
The National Flood Insurance Program will live another four months thanks to the Senate passing a short-term extension that prevents the program from lapsing
Florida insurance company Security First has launched a new flood product that offers policyholders an alternative to the federal insurance program.
The House of Representatives has voted to prevent the National Flood Insurance Program from lapsing in a few days, with its fate now resting upon the Senate.
The National Flood Insurance Program is set to expire on July 31 unless lawmakers take action, with homeowners urged to find coverage now to avoid being uninsured.
A tropical disturbance just east of Florida has a 50 percent chance of forming into a storm over the next five days, according to the National Hurricane Center.
FedNat Insurance Company has become the latest carrier in the state to team up with HoneyQuote.com – a new rating engine that is changing the way Florida homeowners and renters shop for property and casualty insurance.
The Sunshine State will soon see new homes built and more repaired after its request for $616 million toward Hurricane Irma recovery was approved by the federal government last week.
Citizens Property Insurance will wait to roll out its proposed 7.9 percent rate increase in response to concerns raised by consumer advocates.
A contractor faces multiple charges after he allegedly stole nearly $140,000 from hurricane victims across eight Florida counties.
A new survey has found most Floridians are not adequately prepared for the new hurricane season, despite being punished for this last year.
A new study that ranked the 50 states in order of their safeness has placed Florida near the bottom of the list, citing its poor score across several safety metrics.
A nonprofit organization is calling on Florida homeowners to sign a petition that will demand action from government officials to lower insurance rates.
In an effort to promote innovation in Florida property insurance, two West Palm Beach men have begun beta testing a new rating engine known as HoneyQuote.com, which gives consumers the chance to compare multiple insurance quotes and find better deals.
Hurricane season starts today, and researchers have updated their 2018 forecast to now call for a near-average season with at least two major hurricanes and a 51 percent chance of landfall on the U.S. coastline.
Governor Rick Scott has declared a state of emergency for Florida in response to the formation of Subtropical Storm Alberto.
The National Hurricane Center has increased the chances of a tropical cyclone forming in the Gulf of Mexico later this week to 40 percent.
A special outlook has been issued for Cuba and Florida as a potential tropical development in the Caribbean travels closer to the Gulf of Mexico, according to the National Hurricane Center.
State officials have announced the arrest of three women and three men for their alleged roles in an insurance scam that collected $187,000 in fake claims by setting rental properties on fire in Miami-Dade, Lee, and Collier counties.
More than 70 Florida homeowners have accused a Jacksonville-based roofing company of running away with their deposits for a new roof and not performing the work.
Eight months after Hurricane Maria devastated Puerto Rico, a member of the Florida Office of Insurance Regulation will travel to the island tomorrow to assist families and individuals with insurance claims and other issues.
New research has revealed the best small U.S. cities to start a business, with three Florida cities making it on the top 30 list.
New research suggests that fears over rising sea levels and floods are having an impact on oceanfront home prices in Miami, with those at higher elevations rising faster in value.
While most small businesses in Florida tend to lose money during major storms, these two firms managed to create an opportunity during Hurricane Irma by offering their drone technology to homeowners insurance companies.
Miami homeowners looking to remodel their homes will be able to do so easily thanks to a new city initiative.
NASA research revealed that 60% of studied portions of the Florida Everglades have suffered heavy to severe damage from Hurricane Irma, with recovery still underway.
A new report that assesses residential building codes across 18 hurricane-prone states has named Florida as the leader in protecting against storm-related damage.
New research shows that Florida is among the top 10 US states with the highest number of dog bite claims – a trend that is pushing more Florida homeowners insurance companies to limit their coverage for family dogs.
Nearly 57 percent of more than 924,000 Florida insurance claims received due to Hurricane Irma have been closed with payments, with over 100,000 cases still open statewide.
Citizens Property Insurance Corporation is taking steps to address claims “abuse” by limiting the amount it will pay policyholders who use outside contractors for non-weather related water damage.
Researchers have released their 2018 hurricane season forecast, which predicts a busier-than-normal season with at least three major hurricanes.
American Integrity Insurance Company has earned a spot on the Tampa Bay Times’ list of the best workplaces for the fifth time since the insurer’s 2007 inception.
Citizens Property Insurance Corporation is taking a second look at claims made during Hurricane Irma by revising damage estimates and making additional payments.
Homeinsured.org aims to support a simpler and more transparent industry for consumers by delivering easy-to-understand educational content
Boca Raton-based Florida Peninsula Insurance has expanded its footprint with the opening of a new underwriting and operations center in Sarasota.
Heritage Property & Casualty Company is looking to increase its rates for new and renewing customers as a “direct” response to insurance fraud.
Ormond Beach-based Security First Insurance Company has announced work has officially started on its new 133,000 square foot headquarters.
The Florida Legislature has failed to pass a bill that aimed at tackling a home insurance scam and discouraging insurers from substantially increasing rates.