Office of Insurance Regulation
Insurance regulators across Florida have a Herculean task on their hands.
In the wake of the U.S. Supreme Court ruling which upheld the Obama administration’s Affordable Care Act, insurance officials are getting an update on health care coverage in the state.
There’s a big sigh of relief coming from the state’s property insurers now that Lloyd’s of London plans to operate in Florida offering backup coverage.
If you’re with State Farm Florida Insurance you may see an increase in your bill. That’s because regulators approved an average rate hike of 18.8 percent for Florida homeowners covered by State Farm.