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Progressive dropping 100,000 home insurance policies in Florida. Here are the details

In the middle of what’s being called a “property insurance crisis” in Florida, several local homeowners said their policies are being dropped by Progressive, one of the biggest property insurance ... read more

Florida’s Home Insurance Industry May Be Worse Than Anyone Realizes

Her insurance company, Avatar Property and Casualty, covered the cost of some repairs. But the roof continued to leak and mold grew inside the house, she said. Ravelo sued Avatar to compensate her for ... read more

Florida Homeowners Are Relocating in Droves Over Insurance Crisis

The skyrocketing cost of home insurance and changes in coverage are leading Florida homeowners to relocate to areas with stable premiums, a survey found. read more

My Safe Florida Home program could get expanded. Here's what you should know

The My Safe Florida Home hardening program could get an additional $200 million and expand to incorporate condos. read more

Florida real estate sellers begin to slash home prices as inventory surges

“Out-of-town homebuyers no longer see Florida as a place to get amazing value,” Auciello added. Part of the reason: an insurance crisis, according to Redfin, which has been throwing a wrench into home ... read more

Progressive customers in Florida should ‘keep an eye’ on mailbox as company drops home insurance policies, expert says

In the middle of what’s being called a “property insurance crisis” in Florida, several local homeowners said their policies are being dropped by Progressive, one of the biggest property insurance ... read more

What’s really being done to fix Florida’s property insurance crisis?

She and her husband bought what they thought would be their forever home five years ago and signed on with Citizens Property Insurance Corporation. Then, they were dropped. read more

Insurance rates stabilizing thanks to legal reforms, officials say. But homeowners still feeling pain.

Several top Florida insurance regulators say that legal reforms enacted in 2022 and 2023 have Florida’s insurance market poised for a comeback. Homeowners, however, say they’re still ... read more

Florida insurance market showing signs of improvement, report says

In crisis for years, Florida’s troubled property insurance market is showing small signs of improvement, according to the state Office of Insurance Regulation. read more

Men use dead woman’s Social Security benefits to pay Florida vacation home bills, feds say

The theft began as early as 2008, when the men started paying utility bills for their vacation home in New Smyrna Beach, Florida, with the woman’s money, a federal indictment filed April 19 says. read more

DeSantis approves a boost for the My Safe Florida Home grant program

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 ... read more

Surge in home insurance costs adding more inflation pressure on Americans

Surging home insurance premiums are the latest obstacle to homeownership for millions of Americans, who are already grappling with steep mortgage rates. read more