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The Latest Breaking News from Demotech

Thanks to Ian, Floridians will pay more for insurance next year

Hurricane Ian didn’t break Florida’s property insurance market.

Tribune News Service · Oct 17, 2022

If more than two big storms hit Florida this year, insurers could be in trouble

It's that time of year again in Florida. Peak hurricane season is bearing down on the state like that flying saucer in the movie Nope.

Tribune News Service · Aug 15, 2022

68,200 home insurance policies to be canceled as hurricane season begins

Florida’s property insurance crisis is about to hit home for tens of thousands of policyholders.

Tribune News Service · May 17, 2022

From analysis to the latest developments in health,
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68,200 home insurance policies to be canceled as hurricane season begins

FORT LAUDERDALE, Fla. — Florida’s property insurance crisis is about to hit home for tens of thousands of policyholders.

Tribune News Service · May 16, 2022

Another Florida home insurer loses financial stability rating and will likely be dissolved

In yet another ominous sign for Florida’s failing property insurance market, Tampa-based Lighthouse Property Insurance Corp. lost its financial stability rating, which means it will likely be placed under receivership and dissolved.

Tribune News Service · Mar 31, 2022

Grim new developments reveal more trouble in Florida home insurance market

Florida’s home insurance availability crisis continues to claim new victims, and worries are mounting that more companies could be declared insolvent as this year’s hurricane season draws near.

Tribune News Service · Mar 29, 2022

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