A Florida House committee has advanced a bill designed to crack down on a controversial practice that allows property insurance companies to divert profits to affiliated businesses, effectively ...
Florida’s ninth largest property insurer has announced the largest decrease in its rates since it started doing business 20 years ago. Florida Peninsula Insurance Company is decreasing its average ...
Florida lawmakers are considering new bills to lower property insurance costs, despite leaders declaring the market stabilized. One bill seeks to increase oversight of insurers' profit-sharing ...
Florida Peninsula Insurance Company is lowering its average homeowner rates by 8.4% and condo rates by 12%. The rate decrease is attributed to a drop in lawsuits against insurance companies following ...