More Florida Homeowners Suing Over Denied Insurance Claims, Report Finds

More Florida Homeowners Suing Over Denied Insurance Claims, Report Finds

Florida’s efforts to reduce the number of lawsuits over denied home insurance claims appear to be backfiring, according to a recent report by a Florida-based independent ratings firm.

New study: Florida property insurers denying claims

Nearly half come following industry-backed changes A new report reveals that Florida’s insurance industry is profiting immensely from recent policy changes, even as those same changes harm policyholders and lead to a surge in lawsuits. According to Weiss Ratings, following 2024 major hurricanes Helene and Milton, insurance corporations have closed almost 47% of claims without payment.