News
Byron Donalds introduces Insurer Scorecard to lower premiums, give consumers info
19+ hour, 27+ min ago (307+ words) Insurance is a big issue for Florida voters, and a candidate for Governor has a novel proposal to bring transparency for homeowners. Byron Donalds introduced an insurer scorecard during a Saturday swing through Pinellas County, which would make Florida the…...
Jeff Kottkamp: Commercial insurance clearinghouse bill aims to boost competition, lower costs
2+ week, 2+ day ago (286+ words) Florida's insurance market is never boring. A small but vocal group opposes this bill and seems to prefer government-backed insurance over market-based solutions to our insurance problems. This thinking is flawed. Government-backed insurance is meant to support the market when…...
Florida Communities Certification Association launches to improve condo transparency, safety, cost
3+ week, 3+ day ago (395+ words) It launched as the first independent, third-party certification and rating system for condominium and homeowners associations in Florida. It introduces a standardized framework to more thoroughly evaluate the things that drive risk. Until its launch, Florida's condo market has for…...
Nate Jurewicz: Florida braces for short sale surge as FHA relief ends
4+ week, 2+ day ago (736+ words) Florida's housing market, already cooling after the pandemic boom, is confronting a fresh wave of distress. In 2025, the Sunshine State posted the nation's highest foreclosure rate: one filing for every 230 housing units, according to ATTOM data, topping even Texas and…...
Senate approves Joe Gruters" plan to shrink Citizens Property Insurance
1+ mon, 2+ week ago (668+ words) Florida Politics The House approved a measure sponsored by Sarasota Republican Sen. Joe Gruters aimed at shifting more commercial properties out of the state-run Citizens Property Insurance Corporation and into the private market, sending the measure to Gov. Ron De…...
Mike Yaworsky says top auto insurance companies in Florida drop rates
1+ mon, 2+ week ago (346+ words) Insurance Commissioner Mike Yaworsky says the top five auto insurance groups in the state have lowered their car coverage premiums for 2026. The average decrease for those companies " including Progressive, GEICO, State Farm, Allstate and USAA " was about 8%. Those firms account…...
House passes Yvette Benarroch's property insurance transparency proposal requiring online rate database
2+ mon, 17+ hour ago (284+ words) The House has approved legislation seeking to give homeowners greater insight into their insurance policies and rate changes. Naples Republican Rep. Yvette Benarroch filed the bill (HB 767), which would require regulators to publish detailed rate data online to help consumers…...
Emergency insurance assessment for Florida policy holders shelved 2 years early
2+ mon, 3+ day ago (287+ words) An emergency assessment initiated more than two years ago to pay for insurance bonds" is coming to an early end. The Florida Insurance Guaranty Association voted this month to eliminate the 1% emergency assessment on Florida homeowner and business property and…...
Joe Gruters seeks insurance reform legacy with latest Citizens offloading push
2+ mon, 3+ week ago (425+ words) The push to move commercial risk policies from Citizens Property Insurance Corp. into private markets began back in 2014. Now, Sen. Joe Gruters says this is the year to to get the job done. Gruters has filed a bill (SB 1028) that…...
Scott Johnson: Trial lawyers target insurance affiliates as premiums fall in Florida
2+ mon, 4+ week ago (619+ words) My homeowner's renewal premium just dropped by $600. For the same coverage! While rates in other states are rising, millions of Florida property owners are seeing reductions. Competition is flooding the market. The Office of Insurance Regulation (OIR) just ordered Florida's…...