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Author Archives: FAIR

FL CFO Press Release: WHAT THEY ARE SAYING – Florida Leaders Applaud CFO Patronis’ Anti-Fraud Initiatives Ahead of Special Session

FAIR News, Florida LegislationBy FAIRMay 18, 2022

Source: Office of Florida’s Chief Financial Officer Jimmy Patronis Date Published: May 17, 2022 Today, leaders from throughout Florida applauded Chief Financial Officer (CFO) Jimmy Patronis on his recently announced anti-fraud legislative…

State lawmakers hold second special session to work on Florida’s property insurance troubles

FAIR News, Florida LegislationBy FAIRMay 18, 2022

News Source: WUSF Public Media Author: Mattew Peddie, Dinorah Prevost Date Published: May 17, 2022 Homeowners are paying more for less coverage as insurance companies ditch customers. Others have gone out of business.…

When Florida’s Property Insurers Fail, Few Ask Why

FAIR News, Florida LegislationBy FAIRMay 17, 2022

News Source: Tampa Bay Times Author: Lawrence Mower Date Published: May 17, 2022 TALLAHASSEE — As state lawmakers meet next week to try to fix the spiraling property insurance market, they could draw…

68,200 Home Insurance Policies to be Canceled as Hurricane Season Begins

FAIR News, Florida LegislationBy FAIRMay 16, 2022

New Source: South Florida Sun-Sentinel Date Published: May 14, 2022 Author: Ron Hurtibise Florida’s property insurance crisis is about to hit home for tens of thousands of policyholders. More than 68,000 policies…

Marion County Woman says Age of Water Heater Made Getting Insurance Difficult

FAIR News, Florida LegislationBy FAIRMay 13, 2022

News Source: News 6 – WKMG / Click Orlando Date Published: May 12, 2022 Author: Louis Bolden News 6 broke the news several weeks ago that some insurers are dropping customers if their…

Analysts calls for shock tactics to scare lawmakers into passing meaningful home insurance reform

FAIR News, Florida LegislationBy FAIRMay 4, 2022

Publisher: South Florida Sun-Sentinel Author: Ron Hurtibise Date Published: May 4, 2022 A national insurance industry research analysis firm is calling for the global reinsurance industry to shock Florida lawmakers into enacting meaningful…

Premiums for Florida Cat Fund to Jump 12% This Year, Report Shows

FAIR News, Florida LegislationBy FAIRApril 27, 2022

Source: Insurance Journal Author: William Rabb Date Published: April 26, 2022 Premiums paid to the Florida Hurricane Catastrophe Fund are expected to increase by more than 12% later this year, giving new urgency…

Consumer Alert: Contractor Fraud: A Threat to Market Stability

FAIR News, Florida LegislationBy FAIRApril 11, 2022

  Author: Tasha Carter, Florida’s Insurance Consumer Advocate Date: April 11, 2022 Insurance rates are skyrocketing and majority of homeowners are feeling the impact. Higher insurance rates can be life…

South Florida Homeowners In The Midst Of A Property Insurance Crisis

FAIR News, Florida LegislationBy FAIRApril 6, 2022

Source: CBS 4 Miami Author: Joan Murray Date Published: April 5, 2022 FORT LAUDERDALE (CBSMiami) – George Colbert has lived 16 years in his Wilton Manors home. As flooding has increased, he’s seen…

State-Run Insurer Seeks 11% Rate Hike Request Comes as Private Market’s Turmoil Continues

FAIR News, Florida LegislationBy FAIRApril 6, 2022

Source: Insurance News Net Date Published: April 2, 2022 Citizens Property Insurance Corp., the state-run “insurer of last resort,” is proposing an across-the-board rate hike of nearly 11%, the highest increase…

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