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Chief financial officer responds to insurance office analysis of more than $1 billion in transfers.
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Most aren’t buying claims lawsuit restrictions are helping matters.
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This week the national elections rating group Decision Desk HQ shifted the Florida governor’s race to a “Toss up,” saying Donalds has a 60% probability of winning, down from 68%.
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Jolly rejects the ad, saying his plan to move hurricane wind coverage from private insurance to a state fund will cut premiums by 60% to 70%.
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The Byron Donalds campaign is aggressively attacking David Jolly’s plan to reduce homeowners’ insurance rates.
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‘If we gut the system, communities get gutted’: Lawmaker's warning on cutting Florida property taxesReducing or eliminating most local property taxes is a top priority for Gov. Ron DeSantis as he enters the final year of his last term. Florida Keys Rep. Jim Mooney, a Republican, thinks lawmakers should focus their efforts on bringing down the cost of property insurance instead. “We don't get a lot of complaints about property taxes,” he said.
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What to do with high Florida property taxes and property insurance? Republican Representative Anne Gerwig and Democratic Senator Lori Berman spoke with constituents at a bipartisan forum in Palm Beach County.
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On "The Florida Roundup," Pinellas County's Jeff Brandes said he believes growth and competition in the property insurance market will help drive down costs.
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Longtime U.S. Rep. Frederica Wilson introduced a bill in Congress this week to help stabilize the troubled property insurance market and help homeowners nationwide, especially in Florida, with a growing and costly pocketbook issue.
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Florida's regular legislative session was scheduled to finish on May 2. But lawmakers extended it to finish the budget and address certain proposals. Your Florida talked with people across the state about how they think the first 60 days went.
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For the tens of thousands of homeowners in South Florida who rely on Citizens Property Insurance to cover their homes, Gov. Ron DeSantis' announcement of lower rates came as long hoped for relief last week. But WLRN's senior economics editor Tom Hudson explains there are also other factors at play when it comes to insurance premiums.
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Lawmakers in 2022 and 2023 passed a series of measures aimed at stabilizing the state’s insurance market as insurance companies fled the state and policyholders saw premiums skyrocket.