Citizens Insurance reaches more than 1.1M policies in 2022, up 50% from previous yearWith private insurers dropping customers and raising rates, the state-backed Citizens Property Insurance Corp. saw its number of policies increase about 50% in 2022.
Florida will need 500K housing units by 2030 with growing population, experts sayThe latest research project by Florida Apartment Association is tracking the stateโs growing housing needs with a brand-new websiteโBuildFlorida2030.com.
Citizens Insurance looking to lift $700K cap on policiesWith homeowners struggling to find coverage, insurance regulators are looking at the possibility of lifting a $700,000 cap on policies sold by the state-backed Citizens Property Insurance Corp.
Homeowners insurance company exits Florida marketUnited Property & Casualty Insurance Co. will exit Floridaโs troubled homeownersโ insurance market, forcing customers to find new coverage as their policies come up for renewal, the insurerโs parent company announced Thursday.
Cities with most expensive homes in Orlando metro areaData for each city show the monthly typical home value since January 2018.