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Florida Condo Mitigation Bill Passes but Other Insurance Bills Uncertain After Changes

A Florida pilot program to fortify coastal-area condominiums is on its way to the governor but other property insurance bills may have hit a snag

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March 19, 2024 No Comments

Commercial insurance market update 2024

The commercial insurance market began to harden around 2019, after years of gradual shifts that lead to higher premiums and reduced capacity. The overall hard market is

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March 19, 2024 No Comments

At Least 4 Dead; Marina, Homes Destroyed as Storms Slash Through Southeast

Four people were killed and property was ripped apart as tornadoes and severe thunderstoms moved across the Southeast Tuesday. The New York Times and other

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January 10, 2024 No Comments

How Loggerhead Moved to Snap Up 110,000+ Progressive Policies in Florida

In early 2021, former executives with the Auto Club Insurance Co. of Florida, affiliated with AAA, decided to form a new property insurance company in

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January 9, 2024 No Comments

Florida Bad-Faith Suit Survives Even Though Policy Limits Paid and Sinkhole Excluded

Just because an insurer paid the full policy limits on a claim, and argues that the damages weren’t even covered, doesn’t mean it can escape

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January 5, 2024 No Comments

Florida Bill Would Require Option of Policies That Cover Only Unpaid Mortgage Amount

Ahead of Florida’s 2024 legislative session that begins Jan. 9, at least a dozen bills have been filed that could have an impact on the

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January 4, 2024 No Comments

Army Corps Approves Massive Beach Renourishment for Jacksonville Area

The U.S. Army Corps of Engineers has given approval to a $32 million plan to renourish much of the critically eroded beaches near Jacksonville, a

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January 3, 2024 No Comments

Florida Suit Over Charged Lemonade Death Puts New Focus on Energy Drink Safety

Panera Bread Co. must face a lawsuit over a death allegedly linked to its new line of “charged” lemonades, which have thrust the company into

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December 28, 2023 No Comments

2024: A Look Ahead for Citizens Policyholders

New Flood Requirements Begin January 1 Hurricane Ian taught many Floridians a painful lesson when it slammed ashore in September 2022. Just because you do

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December 21, 2023 No Comments

Gas Eyed as Source of South Florida House Explosion That Injured 4

WEST PARK, Fla. (AP) — Four people were injured in an explosion early Tuesday that severely damaged a Florida house, authorities said. Investigators were focused

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December 20, 2023 No Comments
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