Florida

The counties with the greatest exposure lie along the coasts of Florida, Louisiana, South Carolina and Texas.

Geico plans to add 1,500 new jobs with the opening of its three-building, 190,000-square-foot campus

Safepoint Holdings Inc., an underwriter of specialty homeowners and commercial insurance, filed for an initial public offering, disclosing growing profit and revenue.

Regulators from larger states have more resources, as shown by the ratio of staff per insurer.

Governor Ron DeSantis and state officials attribute lower premiums for the state's home insurer of last resort, and lower home and auto premiums overall, to the state's tort reform instituted in December 2023.

Three U.S. senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing taxpayers to growing risks tied to climate-driven insurer failures.

Under fire from consumer advocates after failures of new home insurers in the state, the ratings agency says its scores are meant to show an insurer's current health, and prospects for a maximum of one year. Reinsurance and the insurer's choice of policies being taken from the insurer of last resort can cause problems that surface later.

The Office of Insurance Regulation and three advocacy groups paint conflicting pictures of insurance affordability, coverage availability and claims handling.

Reed Smith insurance plaintiff attorney Hugh Lumpkin points to 90% of Citizens Property Insurance arbitrations denying claims, with insurer funding judges' salaries.

A report by Weiss Ratings, based on state regulators' data, finds insurers more aggressively denied claims under the law, and claimants responded with more lawsuits.

Larger states are more likely to have funds for prevention of natural disasters and responses to these events, says Chip Merlin, an attorney who represented Hurricane Katrina survivors.

A Category 5 hurricane could lead to more than $200 billion in damage, Moody's Analytics said in a report released before the 20th anniversary of Hurricane Katrina.

Uber sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance policies in Florida.

The insurer plans to hire over 2,000 new employees in Tampa, Florida and in North Texas.

After some significant tort reform gains were made in 2023 and 2024, abolishing PIP may no longer be a pipe dream.

Coastal habitats, coral reefs and mangrove swamps, can reduce flood losses, according to a new Swiss Re Institute study that includes analysis of flood insurance claims.

The recovery of local governments and utilities from hurricanes Helene and Milton continues but the outlook for next season and beyond is troubling.

The agency cited the closeness of the entities to Florida's government.

How insurers can leverage AI, specifically computer vision, to handle both major catastrophic and emerging micro-CAT events.

Moody's believes Florida will sell bonds to help replenish the CAT fund this spring.