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TALLAHASSEE - The state-created corporation that's become Florida's largest property insurer says about 350,000 wind-only policyholders will have to reapply for coverage over a yearlong period that begins in February. ...more
August 5, 2008
TALLAHASSSEE, Fla. (AP) — Power companies in Florida face limits on greenhouse gases and hurricane premiums charged by a state-backed insurer will be frozen for another year under dozens of new state laws going into effect Tuesday. ...more
July 1, 2008
Six private insurance companies have been authorized to take 100,000 homeowners policies from state-run Citizens Property Insurance Corp., the Florida Office of Insurance Regulation announced Wednesday. ...more
May 21, 2008
In a move bound to further roil Florida's turbulent insurance market, State Farm has decided to stop writing new homeowners insurance policies. ...more
February 25, 2008
As the big national insurance companies such as State Farm, Allstate and Nationwide continue to pull up stakes in Florida, smaller unheard-of companies have stepped up to fill some of the void. ...more
February 21, 2008
Will this year be great, or will we see recurring economic themes from 2007? Predictions by industry experts point to an easing of the morass in the housing market but say insuring your home will still be a hairy proposition. On a positive note, Hillsborough County's cancer research center, the county's biggest economic development project, may start paying dividends. Meantime, the cost of energy will go higher, the state is reviewing sales tax exemptions and the local workforce should stay resilient despite ongoing economic crises. ...more
January 6, 2008
TAMPA - State Farm, Florida's second-largest property insurer, will lower home insurance rates 2 percent statewide under an agreement with state regulators, company and state regulators announced today. ...more
October 2, 2007
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