Quote:
Originally Posted by Tvflguy
I wish that our leaders in Florida would assault this topic and drive change.
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I always thought that insurance companies are regulated by the state. However, they seem to be making record profits so it looks like someone is not doing their job.
Insurers start seeing profit, continue rate hikes | Repairer Driven News.
I believe that the Florida Office of Insurance Regulation regulates insurance companies.
Resources.
And some companies have requested a 50% rate increase!
Two private Florida insurance companies propose 50% increase
And some have requested no increase or even a rate decrease!
19 Florida insurers file for rate decreases or no increases in 2024