On "The Florida Roundup," Pinellas County's Jeff Brandes said he believes growth and competition in the property insurance market will help drive down costs in the Sunshine State.

Home insurance rates are surging 40% faster than inflation, creating a new housing affordability crisis. Florida homeowners face particular challenges as major insurers withdraw from the market.

More than a dozen new property insurance companies have entered the Florida market since reforms began in 2023.

The National Weather Service (NWS) had issued a severe thunderstorm warning. Residents between Ulmerton and Belcher roads were warned of life-threatening danger and potential damage to their homes, according to a report by FOX 13 Tampa Bay.

In recent years, Florida has faced a combination of challenges that have pushed insurance premiums to record levels. The increased frequency and intensity of hurricanes, combined with inflated rebuilding costs and a volatile reinsurance market, has made underwriting risk in Florida more expensive than ever.

WPTV reporter Matt Sczesny spoke to a top insurance executive with three insurance companies about what they're doing to help policyholders navigate the high costs.

State regulators approved a proposal by Florida Peninsula Insurance Co. to assume up to 40,000 Citizens Property Insurance policies.

The Florida House filed legislation to reverse the hard-fought legal reforms and return back to the status quo of a few years ago.

United Property and Casualty, a Florida insurance company that is in liquidation, wrote that between 1851 and 2018, 41% of the 292 hurricanes that hit the U.S. in that time frame also hit Florida ...

Climate & Environment Florida’s insurance woes could make Ian’s economic wrath even worse. Fitch Ratings estimates Ian left between $25 billion and $40 billion in damage to the state, much of ...

Jacque Schrag/Axios Florida homeowners spend an average of $24,713 a year on upkeep and other "hidden expenses," according to a Bankrate study. Why it matters: Overlooked costs, beyond mortgage payments,