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Citizens Property Insurance Corporation (Citizens) was created in 2002 from the merger of two other entities to provide both windstorm coverage and general property insurance for home-owners who could not obtain insurance elsewhere. It was established by the Florida Legislature in Chapter 627.351 (6) Florida Statutes as a not-for-profit insurer ...
The crisis in the Florida insurance market. Florida has always been a complex home insurance market. Since 2017, eleven property and casualty companies that offered homeowners insurance in Florida ...
The Insurance Information Institute (III), an industry group, reports that 80 percent of the nation's homeowners insurance lawsuits are in Florida, despite only 9 percent of the nation's insurance ...
The leader of the Senate Democrats is also pitching a program to help low-income seniors afford their homeowners insurance. Under Book’s proposal, Floridians 65 and older could apply to the ...
The Insurance Information Institute says the average cost of home insurance in Florida went up 102% between 2020 and 2023. Forty-two percent of that increase was between 2022 and 2023 alone. That ...
350 (2021) Website. peoplestrustinsurance .com. People’s Trust Insurance Company is an American home insurance company located in Deerfield Beach, Florida. [1] People’s Trust Insurance is privately held and as of 2017 was the eleventh largest homeowners insurance company in the state with more than 110,000 policyholders throughout Florida. [2]
Since 1992′s Hurricane Andrew, Florida’s homeowners insurance market has been dominated by small, state-based insurance companies, which is opposite from nearly all other states.
Slide Insurance provides homeowners insurance across Florida and coastal South Carolina. [2] In the founding year, the company raised $105 million in Series A funding. [3] [4] Slide acquired UPC’s intellectual property and a dataset of over $1 trillion Total Insured Value (TIV). [5] In addition, it acquired the renewal rights to over 91,000 ...