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Greater exposure to climate risks is driving an increase in insurance premiums and decrease in insurance availability.
April 22 -
Homeowners insurance rates in Florida have always been above the national average, but in recent years they have risen to unprecedented levels.
March 7Capco -
Extreme weather could aggravate growing property insurance pressures on governments.
February 28 -
The volume of active for-sale condo listings in the Sunshine State increased by 40% last month compared to a year earlier, Redfin said.
February 26 -
Nationwide partners with DigitalOwl and Progressive Fleet rebrands, plus more news.
February 15 -
Homeowners from Sarasota south to Naples, known for its eight-figure waterfront mansions, are having a tougher time selling their properties, and the buildup in inventory has caused home prices to fall at some of the fastest rates in the nation.
February 14 -
The Florida State Board of Administration Finance Corporation expects to sell at least $1.5 billion of municipal bonds to raise money for the Florida Hurricane Catastrophe Fund, according to a securities filing dated Jan. 19.
January 24 -
Citizens Property Insurance Corp. reported that private insurance companies assumed 650,399 policies from the state's last-resort carrier in 2023.
January 3 -
The Senate Budget Committee, which Whitehouse chairs, is requesting information related to maximum claims Citizens Property Insurance Corp., an insurer of last resort, can pay without having to levy assessments on Florida policyholders.
December 4 -
First Street estimates that 39 million U.S. homes are insured at artificially suppressed prices compared with the risk they actually face. Of those, nearly 6.8 million homes are covered by state-backed "insurer of last resort" policies.
September 20