Florida Chamber of Commerce Cheers Property Insurance Reforms Bring More Insurers to State

Florida senators introduce Flood Insurance Relief Act

(The Center Square) – Florida U.S. Sens. Rick Scott and Ashley Moody introduced a bill on Thursday that would provide tax relief on flood insurance premiums.

Florida Peninsula Insurance is approved to take policies from Citizens

©2025 The News Service of Florida Continuing to try to shrink the state’s Citizens Property Insurance Corp., regulators Tuesday approved a proposal by Florida Peninsula Insurance Co. to assume up to 40,000 Citizens policies in October. An order posted on the state Office of Insurance Regulation website said Florida Peninsula would assume policies around Oct. 21. The approval is part of what is known as a “depopulation” program that tries to shif…

Florida Chamber of Commerce cheers property insurance reforms bring more insurers to state

The Florida Chamber of Commerce says insurance industry reforms instituted in Florida two years ago continue to pay dividends, as more property insurance companies are entering the market. Chamber officials say insurance premiums are at least stabilizing in the wake of the key regulatory changes in 2023. The number of policies covered by Citizens Property Insurance Corp., the state-backed insurance option for residents and businesses who can’t g…

Florida’s Insurance Reforms Are Working: 8 Key Facts You Need To Know

Florida’s Insurance Reforms Are Working: 8 Key Facts You Need to Know

Insurer OK’d to Take Citizens Policies

Continuing to try to shrink the state’s Citizens Property Insurance Corp., regulators Tuesday approved a proposal by Florida Peninsula Insurance Co. to assume up to 40,000 Citizens policies in October.

Florida Chamber says property insurance market shows improvements

The organization credits legislative reforms for helping bring down property insurance costs and lessening the burden on state-run Citizens.