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The annual average cost for home insurance in Florida is expected to surpass $4,230 this year, Triple-I reports.

A $2B reinsurance program shows commitment from the state, but fails to address capacity challenges, AM Best reports.

The insurer argued it couldn't retroactively apply the assignment to the contractor because the policy was issued before the new statute was passed.

Review the vital questions to ask when advising clients that rely on subcontractors.

The new law stops contractors from being able to recover prevailing-party fees from insurers when they are successful in lawsuits.

The 2020 representatives will work alongside NAIC members and support the organization's mission to protect consumers.

Insurers are welcoming the services of a claims advocate as a nonadversarial catalyst to quickly settle claims.

Here's a rundown of the key legislative and regulatory changes from across the U.S. that impact the insurance industry.