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Much like flooding, earthquakes are not typically covered by a standard home insurance policy.

Insurers across all lines wrote $960,802,932,489 in direct premiums in 2023, according to NAIC market share report.

After reviewing complaints where aerial images were relied upon to support nonrenewal, the Department found many of the images did not definitively show material roof damage.

Most policyholders blame inflation and home prices for recent premium increases.

With the average premium around $6,000, some Floridians are foregoing homeowners insurance in favor of self-insurance with their investments.

In total, the company will not be renewing some 72,000 commercial and personal property policies in the state.

Zillow analysis identifies the least affordable housing markets in 2024, discovers a 96.4% hike in mortgage payments and rise in "house hacking."

Michael Tipsord is retiring after 36 years with the company. He will continue serving as chairman of the company's board.