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Florida House Bill 837, passed March 24, 2023, was intended to reduce the number and cost of insurance lawsuits in Florida. [36] That issue was one of the reasons cited by insurance companies leaving Florida according to the Insurance Commissioner Michael Yaworsky.
House Bill 881 extends the My Safe Florida Home Program to more properties, waiving the wind-born region requirement. Also, the insured value of the eligible homes increased to $700,000, and the ...
Slide Insurance provides homeowners insurance across Florida and coastal South Carolina. [2] In the founding year, the company raised $105 million in Series A funding. [3] [4] Slide acquired UPC’s intellectual property and a dataset of over $1 trillion Total Insured Value (TIV). [5] In addition, it acquired the renewal rights to over 91,000 ...
Its geography makes Florida, a low-lying peninsula jutting out into hurricane-prone waters, a hard place to insure under any circumstances. Of the $165 billion in natural disaster–caused damage ...
Some in the insurance industry say that the diminishing number of insurers in Florida is due to the fact that it is too easy to sue insurance companies there. And those lawsuits could be ...
350 (2021) Website. peoplestrustinsurance .com. People’s Trust Insurance Company is an American home insurance company located in Deerfield Beach, Florida. [1] People’s Trust Insurance is privately held and as of 2017 was the eleventh largest homeowners insurance company in the state with more than 110,000 policyholders throughout Florida. [2]
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