Tag: Florida hurricanes

Michael MolineSeptember 16, 2016
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4min451
State regulators approved premium increases averaging 6.4 percent on homeowner policies issued by Citizens Property Insurance Corp., Florida’s state-run insurer of last resort. The Office of Insurance Regulation pared down that increase slightly from the 6.9 percent Citizens sought during a rate hearing last month. You can read the order here. The office approved rate […]

Peter SchorschOctober 26, 2015
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5min652
In the wake of Hurricane Patricia‘s thrashing of Mexico, a pair of conservative think tanks are warning Florida to fix its storm-related insurance system. The James Madison Institute and R Street Institute released a policy brief last week,”Shoring Up Florida’s Property Insurance Market,” in which the organizations argue for the Legislature to pass reforms to “eliminate cost […]


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