WPTV West Palm Beach

Cheaper insurance? This Florida insurer wants to drop rates by 6.9%

By Matt Sczesny,

7 hours ago

https://img.particlenews.com/image.php?url=31tin5_0uVWkzO100

At a time when it seems homeowners insurance in Florida is hitting new highs, American Integrity Insurance based in Tampa is seeing a rate decrease of 6.9%.

According to a news release, the company said the rate reduction will affect 55,000 policies.

The company's CEO credited reforms from Florida lawmakers on curbing widespread litigation in the insurance industry.

https://img.particlenews.com/image.php?url=0332x0_0uVWkzO100

Real Estate News

How did My Safe Florida Home money vanish so fast?

Matt Sczesny 3:26 PM, Jul 17, 2024

"Historic legislative reforms have begun to dismantle the costly 'tort tax' that consumers have shouldered for years," American Integrity Insurance President and CEO Bob Ritchie said.

Nearly a dozen insurers this year have asked for rate decreases and at least another 10 are not seeking rate hikes.

Florida officials have been looking at the reforms as a way to bring stability to Florida insurance.

Expand All

Read in NewsBreak

Comments / 0

Add a Comment

Florida State20 days ago

Florida No Longer First On List Of The Most Popular States For Move-Ins, Per Recent Study

Florida State28 days ago

Governor DeSantis Vetoes Left-Lane Driving Ban in Florida

Florida State26 days ago

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

Lancaster County, PA2 days ago

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

New York City, NY4 days ago

15 Slang Words Only People from Florida Know

Florida State3 days ago

Update: Turns Out The Viral Woman Who Crashed Her BMW Into a Popeyes Ended Up Not Fleeing The Scene - Instead She Stayed To Talk To Cops Before Getting Cited

Miami, FL2 days ago

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Town Talks5 hours ago

Hamilton Township, NJ2 days ago

Cream of the crop: a cremello foal is born in Wyoming

Wyoming State20 days ago

Two Major New Golden Corral Restaurants Coming to Florida

Florida State16 days ago

Successful Drug Bust in Ocilla Leads to Arrest Linked to 'Local Criminal Street Gang'

Ocilla, GA1 day ago

Federal Charges in Southern GA: Indictments and Sentences for Firearms and Drug Offenses

Savannah, GA2 days ago

Denver homeless people suffer sores as xylazine enters fentanyl supply

Denver, CO13 days ago

A well-known pizza chain with over 6K locations has begun closing some of its stores

Franklin, IN1 day ago

Jelly Roll Brings Out Hulk Hogan, Buys Drinks For Entire Crowd During Tampa Concert After Morgan Wallen Show Cancelled

Tampa, FL3 days ago

Governor DeSantis Legally Increases Size of Alcoholic Drinks at Disney World

Florida State13 days ago

The Supreme Court Sides With DeSantis in Punishing Disney World Cast Members

Florida State19 days ago

A guide to Fort Myers

Fort Myers, FL13 days ago

Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.

Comments / 0

Community Policy