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Since its 2021 inception, Tampa-based company Slide Insurance has embraced taking on books of business from insolvent Florida home insurance companies. In February of 2022, the Florida OIR ...
The Citizens Property Insurance Corporation, a state-established insurance nonprofit company, has a $100 million annual legal defense fund and 20,000 open lawsuits pending, reports III.
According to the data analysis company LexisNexis Risk Solutions, the state’s property insurance costs are up by an incredible 57% since 2015 — nearly triple the national average of 21%, as ...
Florida accounts for 79% of the nation's homeowners insurance litigation, she said, but only 8% of eventual claims paid out. For those claims that are paid, about 71% of the money goes to ...
The percentage of uninsured homes in the U.S. has spiked from 5% in 2019 to 12% in 2023, per the Insurance Information Institute (III) — with homeowners fleeing from a dramatic rise in the cost ...
Vinnette Williams in a portrait with a $9759 Citizens Property Insurance Corporation bill that she received for her home in Boynton Beach, Fla, on April 4, 2023.
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