The legislative session in Tallahassee began on March 4, with Florida's House and Senate leaders, along with Governor Ron DeSantis, outlining their priorities amid ongoing property insurance issues in the state, particularly affecting the Florida Keys. This session follows a revealing report on the
Amid a mounting property insurance crisis in Florida, a concerted effort by the state’s Republican lawmakers has materialized to introduce significant reforms aimed at closing loopholes, increasing transparency, and ensuring financial stability. Leading this initiative is Senator Blaise Ingoglia,
As wildfires become increasingly frequent and severe in Colorado, homeowners are struggling with skyrocketing insurance rates and the looming threat of nonrenewal notices. To address this growing issue, House Bill 1182 has been introduced, aiming to reform the practices of insurance companies by
The issue of California homeowners losing their insurance coverage has reached alarming proportions, leaving many residents bewildered and vulnerable. This article delves into the specific causes, common themes, and the broader impact this trend is having on the state's residents. Increasing
The global commercial property insurance market, which was valued at USD 247.80 billion in 2022, is anticipated to experience significant growth over the coming years. Forecasts predict a Compound Annual Growth Rate (CAGR) of 10.39% from 2023 to 2028, driven by the growing recognition among
Houston homeowners are facing an unprecedented dilemma as home insurance rates continue to skyrocket, leaving many to reconsider their options and contemplate the risky decision of going without coverage. The financial strain is growing unbearable for many residents, forcing a difficult choice
