Companies offering hurricane and other property insurance coverage may need to raise rates because they're losing money, even though Florida hasn't had any serious storms in the past couple years, the state insurance commissioner said Tuesday. ...more

September 16, 2009

Private property insurers should be able to absorb the million-plus policyholders State Farm will orphan if the company withdraws from the market, a state regulator said Tuesday. ...more

February 4, 2009

Private property insurers should be able to absorb the million-plus policyholders State Farm will orphan if the company withdraws from the market, a state regulator said Tuesday. ...more

February 3, 2009

State Farm Insurance is asking regulators for permission to raise homeowner rates an average of 67 percent statewide, up from its original request of 47 percent. ...more

December 12, 2008

TAMPA State Farm Insurance is now asking regulators for permission to raise homeowner rates an average of 67 percent statewide, up from its original request of 47 percent. The original request was rejected in August by Insurance Commissioner Kevin McCarty. The new request comes amid State Farm's appeal before Administrative Law Judge Daniel Manry, who is expected to issue a ruling this month. ...more

December 11, 2008

Democratic candidate Joseph Puglia was forced to abandon his campaign due to his wife's illness. ...more

October 8, 2008

As expected, Florida insurance regulators on Monday rejected State Farm's request to raise home insurance rates nearly 50 percent statewide. ...more

August 26, 2008

Florida insurance regulators said late today that they plan to reject State Farm's request to increase home insurance rates an average of 47.1 percent statewide. ...more

August 25, 2008

Right now, every Florida homeowner, automobile owner and business owner is liable for "hidden taxes" in the form of assessments from Florida's Hurricane Catastrophe (CAT) Fund. The risk we face results from an attempt by the state to reduce homeowners' insurance during the insurance rate crisis following the 2004 and 2005 hurricane seasons. ...more

February 20, 2008

The head of Allstate Floridian pleaded poverty as the reason behind rising homeowners insurance rates on Monday, insisting the back-to-back four-storm seasons of 2004-05 nearly crippled the company and continue to squeeze its ability to cover claims. ...more

February 4, 2008