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The leader of the Senate Democrats is also pitching a program to help low-income seniors afford their homeowners insurance. Under Book’s proposal, Floridians 65 and older could apply to the ...
As of October 2023, new insurance companies have been approved by the state to offer homeowners insurance in Florida. Slide Insurance, TypTap Insurance and others made offers to over 150,000 ...
An insurance market in crisis. Florida homeowners are paying an average premium of $4,218 for insurance, compared to the U.S. average of $2,777, according to insurance.com. Those averages are ...
The Florida OIR established a reinsurance fund through its last-resort insurer, Citizens. This means that if an insurance company’s financial strength rating is downgraded below the ‘A ...
According to the South Florida Business Journal, People’s Trust Insurance was the second-fastest growing company in South Florida from 2012 to 2014. [4] The home insurance company has more than 350 employees, with 300 in Deerfield Beach. [5] In 2013, People’s Trust Insurance received the Governor’s Innovators in Business Award, which ...
Florida Gov. Ron DeSantis last week signed into law a property insurance bill aimed at lowering the state’s skyrocketing homeowners insurance costs and staving off a looming crisis.
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