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For instance, the 2017 and 2018 fires in the state reportedly wiped out decades of insurance industry profits. And State Farm, the largest property insurer in the state, lost $5.9 billion last year.
A vulnerability in Florida's property insurance market — finger-pointing over whether water damage was caused by flood inundation or breaches in the structure that let rain through — is likely ...
Many HOAs are now experiencing skyrocketing property insurance rates. This has increased attention on the option of a “bare walls” approach to HOA property insurance.
Florida lawmakers investigate claims that property insurance companies are hiding profits while saying they're losing money Updated on: March 14, 2025 / 5:28 PM EDT / CBS/News Service of Florida ...
A vulnerability in Florida's property insurance market — finger-pointing over whether water damage was caused by flood inundation or breaches in the structure that let rain through — is likely ...
But even if we limit our focus solely to insurance policy, there are several ways state policies undermine the California property insurance market. One of them is Proposition 103, passed narrowly ...