Monthly Archives: August 2026
Insurance Companies in Florida Are Raking in the Profits: Who’s Paying For It?
If you define “success” as high profits and soaring salaries for executives, then Florida’s insurance industry is experiencing incredible levels of success. One insurer’s profits skyrocketed by over 50 percent in the first quarter of 2026, while bonuses of over $10 million are now common for insurance company CEOs. But are average homeowners experiencing… Read More »
Citizens Bill Dies in Florida, Forcing Homeowners to Continue With Arbitration
One of the most controversial aspects of Florida’s insurance industry is forced arbitration, something that numerous lawmakers in the Sunshine State have sought to end. In May of 2026, this shred of hope died with a bill that could have ended mandatory arbitration for Citizens policyholders. What does this mean for future denied insurance… Read More »
Insurer Faces Allegations of Secretly Cutting Hail Damage Payouts
On April 28th, 2026, NPR reported that the biggest insurer in the country was facing numerous lawsuits related to allegedly denied hail damage claims. This is something that many people throughout Florida have experienced firsthand, especially as severe hailstorms seem to be getting increasingly intense throughout the nation. If you are struggling with a… Read More »
Trump Administration Plans to Shift Flood Insurance From FEMA to the Private Market
Flood insurance is a major lifeline for many Florida residents, but the federal government wants to shift this responsibility into the hands of the private insurance market. The Trump administration has proposed major changes to the Federal Emergency Management Act (FEMA), including transferring coverage provided by the National Flood Insurance Program (NFIP) to private… Read More »