Tag: Florida insurance news

Florida prepares to open its own health insurance exchange

S.Vagus
Florida health insurance

Florida moves to open a state-run exchange Florida may soon be operating its own health insurance exchange. The state has become a well known opponent of the Affordable Care Act , going so far as to seek the dismantling of the federal health care reform law through the Supreme Court as well as banning insurance navigators from working in the state. The state has missed its deadline to develop and operate a working exchange last year, meaning that a federal exchange has been set up for the state’s residents. Now,…

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Homeowners insurance changes from Citizens could greatly impact coastal properties

H. Cutner
Florida homeowners insurance, Citizens Property

Experts in coverage and in real estate are saying that the homes along the coast could see major changes. According to the homeowners insurance and real estate communities, the reforms to Citizens that have occurred in Florida will have a sizeable impact on the homes located along the southern coast of the state. The legislature has now approved changes that have been designed to reduce the insurer’s enrollment. The reason that Citizens is hoping to considerably reduce the number of people it serves is that its current size makes it…

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Homeowners insurance costs eclipse mortgages in Florida

Homeowners Insurance Florida

Florida homeowners now paying more for insurance than for their homes One of the highest expenses facing Florida families has long been the mortgage on their homes. Mortgages in the state, just as elsewhere throughout the U.S., put a large amount of financial pressure on families. While mortgages have been the highest expense for many families in the state, these families are beginning to pay more for their homeowners insurance coverage, according to the Insurance Information Institute. The non-profit organization suggests that consumers are paying more for their homeowners, auto,…

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Insurance News Broadcast

S.Vagus
insurance news video

  Welcome to our Live Insurance News Broadcast! Join us every week as we annouce news Fresh Of The Press! Catch this week in the industry…   Check out a summary of today’s headline articles as well as a link directly to the source! Health insurance exchange approved in Minnesota Early this week, Minnesota lawmakers passed a legislation that calls for the creation of a health insurance exchange that is managed by the state. Opponents of the state-run health insurance exchange argue that it will simply be too expensive for…

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Health insurance rate review in Florida may soon be suspended

Logan B.
Florida Health Insurance Rates

Proposal aims to address concerns regarding health insurance rate review Worries are high throughout the U.S. concerning the possibility of rising health insurance rates due to the Affordable Care Act. Throughout the country, several large insurance companies have warned that rates will grow exponentially next year, as the federal health care law becomes fully implemented. In Florida, these ominous warnings are being taken to heart, and lawmakers are now looking to the federal government for more direction concerning how to mitigate the potential rise in health insurance rates. Lawmakers back…

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