Property insurance Archives - Creative Loafing Tampa

Ten major issues in Florida’s recent property insurance overhaul

The bill (SB 2-A) deals with numerous issues, including lawsuits, the state-backed Citizens Property Insurance Corp. and critical reinsurance coverage

by Jim Saunders and News Service of Florida December 15, 2022September 19, 2024

The bill (SB 2-A) deals with numerous issues, including lawsuits, the state-backed Citizens Property Insurance Corp. and critical reinsurance coverage

Florida’s ‘last resort’ insurance provider adds 7,700 new polices last week

The new total also was an increase of 45,021 policies from the end of August.

by News Service of Florida October 4, 2022August 3, 2023

Florida temporarily blocks insurers from dropping policies

The order will suspend cancellations or non-renewals of policies for two months.

by Jim Saunders, Mark Exline and News Service of Florida September 29, 2022September 19, 2024

‘Roller coaster ride’ continues for Florida’s ‘last resort’ property insurance carrier

Citizens last week reached 1.055 million policies — more than double the number two years ago.

by Jim Saunders and News Service of Florida September 21, 2022August 3, 2023

Florida launches plan to temporarily help keep homeowners insured if ratings get downgraded

The plan involves the state’s Citizens Property Insurance Corp. acting as a financial backstop.

by Jim Saunders and News Service of Florida July 28, 2022August 3, 2023

Florida’s special session on property insurance is ‘unlikely to alleviate immediate financial pressures,’ says agency

Lawmakers passed two bills (SB 2-D and SB 4-D), which were quickly signed by DeSantis.

by Jim Saunders and News Service of Florida June 6, 2022August 3, 2023

In special session, Florida lawmakers skip changes specifically addressing Citizens Insurance’s growth and premiums

With more than 850,000 policies, the state-backed Citizens Property Insurance Corp. has become an 800-pound gorilla in Florida’s troubled insurance market.

by Jim Saunders and News Service of Florida May 26, 2022August 3, 2023

‘$2 billion tax giveaway’: Tampa Sen. Janet Cruz, D-Tampa criticizes proposed property insurance changes

Bill sponsor says Florida’s property insurance chances likely won’t lead to immediate rate cuts for homeowners

by Jim Saunders and News Service of Florida May 25, 2022August 3, 2023

Tampa-based Lighthouse Property Insurance liquidated, as problems with Florida’s property-insurance market mount

Lighthouse became the third Florida property-insurer to be declared insolvent since late February.

by Jim Saunders and News Service of Florida May 2, 2022May 12, 2025

Brandes gets little GOP support for special session to address Florida property insurance woes

by News Service of Florida April 18, 2022August 3, 2023

Florida’s current property insurance ‘crisis’ will not be addressed at upcoming special session

Gov. Ron DeSantis this week called a special session that will be held from April 19 to April 22 to redraw congressional districts.

by Jim Turner and News Service of Florida April 4, 2022September 13, 2023