Here’s why property insurance premiums could be going up in Florida and in Central Florida

Three major hurricanes caused about $80 billion in insured losses nationwide for property and casualty insurers in 2017, but in Florida, legal maneuvers are as much a factor as weather in driving up pricing on homeowners’ insurance policies, a new report says.

“Pricing on homeowners property risks in Florida continue to increase, but not as a direct result of catastrophe loss activity,” according to the report from Fitch Ratings. “Accusations of fraud and abuse of assignment of benefits…

Previous Houston's Hispanic grocery sector might've hit peak saturation
Next Mason Wells sells Appleton’s Pacon in $340M deal

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *