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Editorial Advisory Board Member Jeff Grady stands up for the industry and offers some encouraging words for 2011.

The Florida Office of Insurance Regulation has approved an average statewide homeowners insurance rate increase for Citizens Property Insurance Corp. of 10.3 percent--slightly more than the state-run insurer asked regulators to approve.

Florida regulators agreed that non-hurricane losses and increased reinsurance costs warranted a double-digit rate increase for Allstate subsidiaries operating in the state.

Gainesville, Fla.-based Royal Palm Insurance Company has received approval for an average statewide homeowners insurance rate increase of 15 percent.

Florida regulators agreed that non-hurricane losses and increased reinsurance costs warranted a double-digit rate increase for Allstate subsidiaries operating in the state.

Editorial Advisory Board Member Mike Colodny offers compelling commentary on Florida's troubled property market. How did it get so bad, and how can we dig ourselves out?

The Florida Office of Insurance Regulation (OIR) has asked the state's commercial and residential property insurers to collect and submit sinkhole claims--a cost driver insurers have said is swallowing underwriting profits.

Florida Insurance Commissioner Kevin McCarty would like to begin surveying the state's insurance companies to get a grasp of one of the largest non-catastrophe cost drivers in Florida: sinkhole claims.