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Category Archives: FAIR News

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…

Grim New Developments Reveal More Trouble in Florida Home Insurance Market

FAIR News, Florida LegislationBy FAIRMarch 29, 2022

  Source: South Florida Sun-Sentinel Author: Ron Hurtibise Date: March 29, 2022 Florida’s home insurance availability crisis continues to claim new victims, and worries are mounting that more companies could be…

Insurance customers, do you like rate hikes? Then you’re going to love upcoming surcharges to pay for companies’ failures

FAIR News, Florida LegislationBy FAIRMarch 8, 2022

Source: South Florida Sun Sentinel Author: Ron Hurtibise Date Published: March 6, 2022 For home insurance customers, the hits just keep coming. On top of a series of steep rate increases over the…

Check your Insurance Policy: It may cost you thousands to replace your storm-damaged roof

FAIR News, Florida LegislationBy FAIRFebruary 7, 2022

Source: South Florida Sun-Sentinel Author: Ron Hurtibise Date: Monday February 7, 2022 Will your home insurance policy pay to fully replace your roof if it’s damaged in a hailstorm, a…

Hurricane Catastrophe Fund Reform Could Save Insurance Consumers $1 Billion a Year, Backers Say

FAIR News, Florida LegislationBy FAIRJanuary 31, 2022

Source: Sun-Sentinel Author: Ron Hurtibise Date: January 29, 2022 Florida home insurance customers could get a substantial break from rising rates — saving about $150 a year — if they…

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