Property Insurance

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.

Experts and state senators from both parties gathered to tackle rising costs — but warned there is no silver bullet. Senate Democratic Leader Jason Pizzo underlined that owners could shoulder some of the blame for the state of affairs.

State insurance officials have issued orders to protect policyholders impacted by Hurricanes Helene and Milton

The storm killed several people on the Treasure Coast after it spawned tornadoes in the area. Hundreds of buildings were also damaged.

An analysis suggests that Helene’s private insurance market losses could land in the range of $3 billion to $6 billion. Additional federal losses could approach $1 billion.

The home insurance market in every other state seems to be headed down the road that Florida has paved. We dove into this issue through a partnership with NPR station WWNO in New Orleans for their podcast, "Sea Change."

With a potentially volatile hurricane season starting Saturday, the AM Best financial-ratings agency released a report Thursday that said Florida's property-insurance market has improved — but that time will tell.

Gov. Ron DeSantis on Wednesday approved $200 million to continue a popular home-hardening grant program that could help about 20,000 mostly low- and moderate-income residents cut property-insurance costs.

Florida lawmakers resurrected the nearly 20-year-old program during a 2022 special session. Now, they are considering keeping it alive.

When the session starts Jan. 9, legislators will take up several measures, including property insurance and the “deregulation” of public schools.

A new study suggests these neighborhoods in Miami-Dade and Broward could be abandoned as seas rise.

Kathleen Passidomo, who's making her "Live Healthy" initiative a priority during the session, discussed this and other issues on The Florida Roundup.