Category Archives: FAIR News

‘This is not a survivable market.’ Insurance crisis hits Fla.

News Source: Climate Wire Author: Thomas Frank Date Published: June 22, 2022 Three years ago, FedNat Insurance Co. decided it was smart business strategy to expand deeper into the South to diversify…

Has your house or apartment flooded before? In Florida, good luck finding out

Has your house or apartment flooded before? In Florida, good luck finding outAs an unnamed storm drenched Miami-Dade earlier this month, some people were shocked to find themselves suddenly sloshing…

After a flood, renters have few options for help in Miami-Dade.

News Source: Miami Herald Author: Alex Harris & Anacaona Rodriguez Martinez Date Published: June 20 Nora Trujillo ticked off the losses from the flood on her fingers: a computer, a…

Florida Plaintiffs Claim Victory after Dropping Suit to Block SB 76’s Solicitation Ban

News Source: Insurance Journal Author: William Rabb Date Published: June 14th, 2022 When the Florida Legislature approved Senate Bill 76 last year, with its restrictions on homeowner solicitation by roofing…

FL’s insurer of last resort faces hurricane season with shortfall of reinsurance coverage

News Source: Florida Phoenix Author: Laura Cassels Date Published: June 14th, 2022 Like some private insurers, Florida’s state-run property insurance corporation has been unable to acquire all the reinsurance coverage it needs to…

Agents may not know all aspects of Florida’s new property insurance law, consumers say

News Source: WKMG News 6 Author: Louis Bolden Date Published: June 13th, 2022 ORLANDO, Fla. – It’s been just over two weeks since the governor signed an insurance bill into law, but consumers tell…

Wave of Florida homeowners forced to use Citizens Insurance

  News Source: WBTV Author: Matt Sczesny Date Published: June 9th, 2022   WEST PALM BEACH, Fla. — Homeowners in Florida are signing up for Citizens Property Insurance Corporation at a…

Insurance is driving up costs for condo associations

News Source: 10 Tampa Bay Author: Libby Hendren Date Published: June 8th, 2022   ST. PETERSBURG, Fla. — If you’ve been shopping for a place to live, odds are you’re finding fewer…

Amid turbulence in FL property insurance market, homeowners still have options — but not many

News Source: Florida Phoenix Author: Laura Cassels Date Published: June 7, 2022 With the first named storm of the 2022 hurricane season — Alex — already leaving its mark on South Florida, the…

Florida’s new laws on property insurance and condo safety may not give homeowners relief

Source: WUSF Public Media Author: Sarah Mueller Date Published: May 29, 2022 Some lawmakers and industry analysts worry the new laws don’t deliver relief fast enough and don’t go far enough for property…