State Farm Insurance

Wind mitigation short-term investment brings long-term savings

Wind mitigation short-term investment brings long-term savings

Floridians can save hundreds if not thousands of dollars each year on homeowners insurance thanks to legislation dating back to 2002, but some homeowners have not taken advantage of the price break. The law allows consumers to reduce their wind insurance premiums by making certain wind-mitigating improvements to their homes, and it rewards homeowners who […]

Insurers blame assignment of benefits for rising premiums

Insurers blame assignment of benefits for rising premiums

Home and business owners in Florida can expect the cost of property insurance to rise in 2017 and to keep climbing in the coming years, East Bay Insurance owner John Hays says. But in a state where hurricane damage has historically been the cause of insurance woes, these increases in many cases have nothing to […]

Is your insurance going up?

Is your insurance going up?

The Florida Office of Insurance Regulations (FLOIR) has been busy these past few weeks, raising Citizen’s Property Insurance Corporation coastal policy costs by an average 10.9 percent for consumers and finalizing a rate hike of 14.5 percent for workers’ compensation costs to employers across the state. Citizen’s Citizen’s Property Insurance Corporation is a state-backed insurer […]

Broxson and Hill eye the future

Broxson and Hill eye the future

The estranged friends who battled for Northwest Florida’s state senate seat are both making plans in the wake of Doug Broxson’s decisive win over fellow Republican Mike Hill. Broxson said he is already focused on ensuring that legislators in other parts of the state don’t muscle away some of the $1.5 billion in BP settlement […]