Latest Florida insurance news from US insurers and regulators. Explore auto, home, life, P&C, pet and health insurance, including insurance rates, insights, trends, and breaking insurance news from the United States.
Florida regulators extended supervision of American Mobile Insurance Exchange again, as coverage gaps and rising premiums continue to pressure the mobile home market
FHFA Director William Pulte sent criminal referrals accusing Letitia James of false statements in insurance filings tied to a Virginia property
Sypher Insurance Exchange won a Florida operating permit and now moves toward final approval as the startup sticks with an organic growth strategy
Fannie Mae revises condo review, reserve, and insurance rules, giving lenders more flexibility while tightening standards for long-term project stability
Florida’s My Safe Florida Home program draws criticism over roof funding, limited insurance savings, and inspection challenges
Florida lawmakers approve bill exempting small projects from permits, prompting concerns over inspections, contractor practices, and insurance claims
The National Flood Insurance Program provides flood coverage to households and businesses across the United States
Federal shutdown froze NFIP policy issuance and renewals, disrupting property deals and highlighting need for private flood alternatives
Progressive returns nearly $1bn to Florida drivers after litigation reform and lower loss costs, with average rebates around $300 per policyholder
Insurtech Kin reports 28% GWP growth to $634.4 mn, rising renewal premiums and improved operating margin despite softer insurance market conditions
GEICO faces a proposed class action in Florida federal court alleging the insurer added unrelated drivers to policyholders’ auto coverage without consent, triggering higher premiums
Florida SB 632 would cut $1 mn rideshare liability during trip acceptance phase, drawing support from Uber and Lyft and pushback from trial lawyers
Slide Insurance returns to the cat bond market seeking $250 mn via Purple Re 2026-1, expanding named storm coverage beyond prior deals
Florida lawmakers weigh changes to Citizens Insurance arbitration, giving policyholders a choice between mandatory arbitration and jury trials amid legal scrutiny
Florida regulators approved new auto insurance rate cuts heading into 2026, with USAA’s 7% reduction adding over $125 mn in annual savings
Criminal fraud charges against a Florida restoration contractor linked to AOB litigation were dismissed, leaving insurers frustrated as civil suits continue
USAA will lower Florida auto rates by 7% in May, bucking national trends as tort reform, loss moderation, and strong earnings reshape pricing
Digital insurer Kin launches auto insurance for Florida and Texas homeowners, offering bundled savings of up to 20% in high-cost markets
Progressive plans up to $950 mn in credits for Florida auto customers after quiet hurricane seasons and post-2023 insurance reforms lifted profits
Florida lawmakers proposed HB 1349 to lift the Hurricane Catastrophe Fund retention to $8.5 bn, revise insurer multiples, and expand reimbursement to loss adjustment expenses
State-backed insurer posts its largest reduction in a decade, with South Florida homeowners seeing double-digit relief as policies shift back to the private market
A federal judge sentenced a Pembroke Pines insurance broker to nearly three years in prison for a $134mn Affordable Care Act fraud scheme
Howden US pushes back against Brown & Brown’s injunction bid, arguing employee departures stemmed from poor management, pay, and culture
Florida regulators approved six insurers to assume over 124,000 Citizens policies, continuing depopulation as the state market stabilizes
Enrollment at Florida’s insurer of last resort has fallen sharply, as lawmakers credit legal reforms with restoring competition and stabilizing property insurance
Florida regulators approved 12 pet insurance rate increases this year, averaging 9.25%, as veterinary costs continue to rise faster than inflation
A Florida court lifted the block on 400+ Citizens arbitration cases, backing DOAH’s authority and rejecting a broad injunction
Citizens sheds 900k+ policies as private insurers return, signaling rare stability in Florida’s long-troubled property insurance market
Florida lawmakers propose HB 261 to regulate employer-owned life insurance, limit coverage to key staff, and require reporting and public disclosure
State Farm trims Florida auto premiums by another 10%, marking a 20% total cut in a year as insurers credit reduced litigation for lower costs
Florida Senate Bill 158 proposes tougher pet insurance disclosures, annual insurer reporting, and new continuing education for agents selling the line
Florida Senate Bill 202 would require insurers to ensure humans make final claim denial decisions, with written affirmations and regulator oversight
Stand, an insurtech startup targeting properties most at risk from natural disasters, has closed a $35m Series B round
Tesla filed an updated Florida auto program effective Dec 2025, runs Safety Score 2.2 with up to ±50% monthly premium swings, and operates across 12 states with in-house insurers
Florida Senators roll out bills to cut insurance hikes, expand oversight, create relief funds, and mandate fairer claims processes
Rep. Maxwell Frost questions Citizens’ arbitration system, pressing Florida leaders for details on HB 799 and fairness in policyholder disputes.
Florida’s five largest personal auto insurers are signaling an average rate reduction of 6.5%, according to the Florida Office of Insurance Regulation
Marsh USA has filed a lawsuit in U.S. District Court for the Southern District of New York, accusing four former Florida-based executives of orchestrating a large-scale employee
The Florida Office of Insurance Regulation approved seven companies to assume up to 228,947 multiperil and wind-only personal residential policies from Citizens Property Insurance
Personal insurance litigation in Florida declined nearly 25% in the first half of 2025 compared with the same period in 2024, according to the Florida Office of Insurance Regulation
Florida Gov. Ron DeSantis signed a bill reducing available funds for the state’s Reinsurance to Assist Policyholders program by $1.1 bn
Gallagher Re’s 1st View mid-year renewal report highlighted that recent legislative reforms in Florida encouraged reinsurers to write more broadly at mid-year renewals
The Florida Office of Insurance Regulation (FLOIR) has approved requests from Southern Oak Insurance Co. and American Integrity Insurance Co. to assume a total of 51,500 policies
A federal court in Florida upheld Amerisure Insurance Co.’s denial of coverage in a dispute over construction defects at a condominium complex
The Florida Legislature passed a bill aimed at addressing foster care insurance coverage by limiting liability for subcontractors involved in the system
Provisions altering the rules for awarding attorney fees in Florida have been added to legislation originally focused on procedures for phosphate mining litigation
Florida introduced new regulations to define terms, require disclosures, and establish other regulatory standards for pet insurance and wellness programs
The Florida Office of Insurance Regulation (OIR) has proposed ending its placement within the state’s Department of Financial Services
A new Senate bill seeks to extend the National Flood Insurance Program (NFIP) through December 2026, aiming to end a decade of frequent short-term extensions
Florida’s legislative session, which began on March 4, introduced several bills addressing property insurance
Gov. Ron DeSantis opposes efforts to repeal Florida’s no-fault automobile insurance laws, citing concerns about higher rates and the legal industry’s influence
Florida’s 2025-2026 budget dedicates over $600 million to home and condominium risk mitigation. This funding supports the My Safe Florida Home grant program
Florida’s Citizens Property Insurance will lower rates by 5.6% statewide in 2025, Gov. Ron DeSantis announced. He claimed the state experienced the lowest average increase
The Florida Office of Insurance Regulation approved three insurers to assume 160,440 multiperil homeowners policies from Citizens Property Insurance Corp
Florida insurers have paid approximately $5.2 bn following hurricanes Helene and Milton, according to data from the Florida Office of Insurance Regulation
The Federal Emergency Management Agency announced that Hurricane Helene could result in National Flood Insurance Program losses between $3.5 bn and $7 bn
Florida’s Office of Insurance Regulation (OIR) reported $2.34 bn in insured losses from Hurricane Milton, with 189,858 claims filed and 8.4% closed
Florida faces its second major hurricane, with predictions of record-breaking storm surges and flooding. Private flood insurance premiums in the state
Florida property & casualty insurers had processed 48,341 claims, totaling $507.5 mn in estimated losses, according to the Florida Office of Insurance Regulation
The Florida Office of Insurance Regulation has approved requests from eight carriers to take over 232,535 personal residential multiperil policies and 2,500 residential
