Florida homeowners News

Florida Insurance Industry in Good Shape for Upcoming Hurricane Season

The 2015 Atlantic hurricane season opens on Monday, and a combination of a forecast for fewer-than-average storms and the highest level ever of financial resources on hand in Florida to pay claims may help homeowners and businesses there weather fears …

Heritage Insurance Plans to Absorb 35,000 Sunshine State Policies

Heritage Insurance Holdings announced that it reached an agreement to offer coverage for the policies of Sunshine State Property & Casualty Insurance Company, pending court approval. If approved by the court, the policies will be offered coverage by Heritage’s wholly-owned …

Florida Citizens’ Policyholders Could See Shift to Out of State Insurers

Homeowners seeking coverage from Citizens Property Insurance could wind up getting policies from unregulated out-of-state insurers. The Florida Senate on Friday voted 22-16 for a property insurance bill that could result in homeowners seeking coverage from Citizens to be shifted …

Florida Lawmakers Take up Flood Insurance Issue

Two Tampa Bay-area legislators said Tuesday that they are proposing a bill to give Florida’s homeowners relief from rising flood insurance premiums. State Sen. Jeff Brandes and Rep. Larry Ahern said during a news conference that the bill would allow …