Florida's insurance market shows signs of improvement, with insurers profitable for the first time in eight years. Hurricane risk remains a major concern, and future catastrophic storms could reverse ...

Florida consistently ranks among the most expensive states for car insurance, with average annual costs higher than the national average. Factors contributing to high rates include frequent hurricanes ...

Florida is one of the most expensive states for homeowners insurance, largely due to the heightened risk of hurricanes, floods and other severe weather. Annual premiums in the state averaged $5,409 in ...

With its location on the beautiful-yet-hurricane-prone Gulf of Mexico, Florida has long been vulnerable to the elements. Natural disasters cost the state $5 billion to $10 billion every year, the ...

Insurance is expensive in Florida. And it doesn’t only affect the hurricane-prone state’s sky-high prices for home insurance policies. Florida has long-been one of the most expensive states when it ...

In 2024, the insurance industry underwent significant operational transformation, facing more pressure than ever to innovate, improve efficiency and deliver a world-class customer experience.