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WEATHER ALERT

4 advisories in effect for 4 regions in the area

PROPERTY INSURANCE


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New insurer enters Florida’s property insurance market amid growing ‘stability’

Read full article: New insurer enters Florida’s property insurance market amid growing ‘stability’

Another insurance company has decided to enter Florida’s property insurance market, a move expected to boost competition and offer more options for Floridians.

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Florida provides millions to help residents prepare their homes for hurricane season

Read full article: Florida provides millions to help residents prepare their homes for hurricane season

Big changes and big money are on the way for the State of Florida’s My Safe Florida Home Program. $200 million is available July 1 to help Floridians harden their homes to save money on their property insurance.

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Citizens Property Insurance board approves 14% price increase for policyholders

Read full article: Citizens Property Insurance board approves 14% price increase for policyholders

In a unanimous vote Wednesday morning, the Citizens Board of Governors approved a 14% price hike for policyholders -- covering single family homes, condominiums, mobile homes and rental properties.

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Florida lawmakers introduce new bill that could save money on flood policies, attract homeowners

Read full article: Florida lawmakers introduce new bill that could save money on flood policies, attract homeowners

Florida lawmakers introduced a new bill that could save customers money on flood policies and encourage more homeowners to get insurance.

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Citizens Property Insurance policyholders get letters in the mail asking them to switch

Read full article: Citizens Property Insurance policyholders get letters in the mail asking them to switch

Citizens property insurance policyholders are getting letters in the mail asking them to switch to private insurance companies. The state-backed "insurer of last resort" is switching 300,000 policies.

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TELL US: Have you gotten a letter from Citizens offering you to switch to another insurer?

Read full article: TELL US: Have you gotten a letter from Citizens offering you to switch to another insurer?

Citizens Property Insurance, the state’s “insurer of last resort” is sending policyholders letters that says they’ve received an offer of coverage from another private market insurance company.

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Hurricane Ian is bad news for already high property insurance premiums

Read full article: Hurricane Ian is bad news for already high property insurance premiums

Homeowners in the state of Florida who were already paying nearly triple the national average for property insurance, will be forced to pay even more after Hurricane Ian.

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Local landlord: overwhelmed with the cost of owning multiple rental properties, but has not raised rent

Read full article: Local landlord: overwhelmed with the cost of owning multiple rental properties, but has not raised rent

Florida's property insurance crisis is one of the biggest issues in the state right now. A local landlord tells News4JAX despite the rising costs, she has not passed it on to her tenants.

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TELL US: Have you experienced an increase in your property insurance rates, or has your insurance company dropped you altogether?

Read full article: TELL US: Have you experienced an increase in your property insurance rates, or has your insurance company dropped you altogether?

It’s no secret that Florida is in the middle of a property insurance crisis. In fact, Florida lawmakers are working on solutions, including hiring a consultant.

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4th Florida property insurance company has gone bankrupt

Read full article: 4th Florida property insurance company has gone bankrupt

Nearly 80,000 Florida homeowners will have to find new insurance, after Southern Fidelity declared bankruptcy.

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Contractors challenge new insurance law

Read full article: Contractors challenge new insurance law

Less than a week after Florida lawmakers rushed to make property-insurance changes, a contractors group Tuesday filed a constitutional challenge that targets a new restriction on attorney fees in lawsuits against insurance companies.

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Florida lawmakers leave out Citizens insurance issues

Read full article: Florida lawmakers leave out Citizens insurance issues

With more than 850,000 policies, the state-backed Citizens Property Insurance Corp. has become an 800-pound gorilla in Florida’s troubled insurance market.

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Florida Senate passes property insurance package

Read full article: Florida Senate passes property insurance package

The Florida Senate has approved a sweeping legislative package meant to combat rising property insurance rates and other problems in the state’s turbulent insurance market, creating a $2 billion reinsurance fund and writing new rules around coverage denials and attorney fees.

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I-TEAM: A closer look at Florida’s property insurance crisis

Read full article: I-TEAM: A closer look at Florida’s property insurance crisis

The News4JAX I-TEAM is hearing from property insurance agents, lawyers and property owners about what they want to see come out of a special session called to deal with Florida’s property insurance crisis.

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TELL US: Did your property insurance company drop you?

Read full article: TELL US: Did your property insurance company drop you?

Governor Ron DeSantis called lawmakers into a special session next month to address the state’s troubled property insurance market. The session is set for May 23 through May 27.

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Governor DeSantis and Florida lawmakers will address property insurance problems during a special legislative session

Read full article: Governor DeSantis and Florida lawmakers will address property insurance problems during a special legislative session

In a stop in Jacksonville Monday, Florida Governor Ron DeSantis said he'll address the property insurance crisis in a special legislative session in May.

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