Florida lawmakers attempt to manage problematic and controversial solution to Citizens Property Insurance problem

In Florida, lawmakers have been working on fixing the problems of the state-run Citizens Property Insurance Corp. Their efforts have yielded few results and now…

Florida legislation could move consumers from Citizens Property Insurance to more risk surplus lines.

It is no secret that the Florida Citizens Property Insurance group is under financial stress. The state-run insurance company has offered affordable insurance policies to…

Insurance reform takes a backseat in Florida Legislature, Insurance Council continues to press forward with changes

As insurance reform loses momentum amongst legislators, the Florida Insurance Council says that it will continue pushing for major changes to the state’s regulations and…

Insurance companies now face massive losses due to sinkholes in Florida

Sinkholes that are destroying Florida houses are now costing insurance companies in that state hundreds of thousands of dollars as claims begin rolling in. In…

Florida legislators feeling pressure to solve the fraud plaguing the state’s insurance industry

Florida Governor Rick Scott is pressuring lawmakers to make changes to some of the state’s auto and property insurance laws. The Governor claims that these…

Citizens board of governors submits new legislative agenda to Florida lawmakers

The governing board of Florida’s Citizens Property Insurance Corp. has agreed on a new legislative agenda that could save the state-run insurance program more than…

Florida legislators consider allowing surplus insurers to participate in Citizens Property Insurance Corp

In an effort to make Florida’s Citizens Property Insurance Corp. more sustainable in the future, lawmakers are now considering opening up the state-run insurance program…