Florida Lawmakers to Investigate Insurance Companies for ‘Hiding Profits’ While Claiming Losses Amid Natural Disasters
State lawmakers are vowing to take a deep dive into Florida’s home insurance crisis. This comes after reports that insurance companies were moving billions of dollars to their own affiliate companies while claiming to lose money.
Florida insurers transferred billions to parent and affiliate companies after Hurricanes Irma and Michael while claiming to ...
A 2022 report from the Florida Office of Insurance Regulation finds some of these companies claiming losses were actually ...
Although they're pursuing different agendas, Senate President Ben Albritton and House Speaker Danny Perez both touched on the availability and affordability of homeowners' insurance. Conversely, ...
For years, Florida’s insurance market faced a crisis, with skyrocketing premiums and insurer insolvencies leaving homeowners ...
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