An insurance crisis that has sent premiums skyrocketing and caused carriers to flee coastal states like Florida and California is spreading, and it is fundamentally changing the real estate...
"Florida's insurance market continues to strengthen, showing signs recent legislation is having positive impacts to the property insurance market," Florida Insurance Commissioner Michael...
Amica Mutual Insurance and an Allstate subsidiary seek 50+ percent rate hikes in Florida, citing losses and claims surge.
Altmaier Commissioner Florida Office of Insurance Regulation Appointed Georgia John F. King Commissioner Office of Insurance and Safety Fire Commissioner Elected Guam Michelle Santos...
The Treasurer/Insurance Commissioner/Fire Marshal (commonly referred to as State Treasurer) is a former statewide constitutional officer of Florida. The office was abolished following the Florida Cabinet reforms of 1998 which took effect in 2003. A statewide office, with a seat in the Cabi...
TALLAHASSEE — Florida’s insurance commissioner submitted his letter of resignation Thursday, a day after the Legislature made major changes to the state’s troubled property insurance market. “I am so proud of the work the Office has been able to accomplish during my tenure,” David Altmaier wrote in a letter to Gov. Ron DeSantis. “I remain committed throughout the remainder of my tenure — and after — to continue the momentum we have established to make Florida the best place in the union to live, work, and prosper.” ...
— 8:08 Wildfire as a tipping point — 11:22 Forward models and pricing — 12:54 Why insurers are pulling out of Florida and California — 15:09 Florida roof insurance frauds — 17:35...
Homeowners in Florida, like other states, are seeing their home insurance rates soar. Multibillion-dollar disasters like hurricanes, tornadoes and wildfires have led insurers to hike premiums.
Almost one year ago, on May 31, 2023, Florida Gov. Ron DeSantis signed sweeping insurance reform legislation into law. At that time, the Florida insurance market was on life support. Homeowners’ in...
TALLAHASSEE — In February, Gov. Ron DeSantis chose a new insurance commissioner for the state, Mike Yaworsky, after his predecessor resigned in December. As the head of the Office of Insurance Regulation, Yaworsky is responsible for approving insurers’ rate increases, monitoring their conduct in the marketplace and assessing fines. He grew up in the community of Rotonda West, has a social science degree from Florida State University and worked in both the Georgia and Florida offices of insurance regulation. ...