MV Realty, a Florida-based real estate firm, has been accused by the attorneys general of Florida, Massachusetts, and Pennsylvania of using deceptive practices to make predatory loans disguised as real estate service agreements.
Today, Governor Ron DeSantis signed a massive $1.2 billion property insurance bill to prop up Florida’s troubled marketplace.
The Florida Legislature passed a 105-page bill in three days with no amendments which bails out the property insurance industry at taxpayer expense.
After the first day of the property special session, it’s clear the Republican supermajority in the Florida Legislature is comfortable with moving the property insurance marketplace away from a private marketplace to one that is backed up by Florida taxpayers at several points. But where is the insurance industry transparency?
Reporter Trevor Fraser from the Orlando Sentinel interviewed a couple in Ormond Beach who shared their frustrations with being able to find property insurance.
On Monday, November 7, 2022, State and local officials are urging Florida residents to prepare for the weather that may impact Florida this week.
One of the most important things you can do to prepare for insurance claims is to have an inventory of your home.
Many rooftop solar owners may be surprised to learn that their new solar systems may affect their home insurance bill.
Floridians For Honest Lending Urges Legislature to Take Consumer-Focused Approach to Insurance Reform
The consumer lending watchdog group Floridians For Honest Lending and the insurance reform group Federal Association For Insurance Reform (FAIR) released an educational video about short-term and long-term solutions to fix Florida’s broken property insurance market. The video is part of a series about the increased risk of foreclosures if the Legislature fails to provide stability to Florida’s property insurance marketplace.
A homeowner in the Orlando area is behind on his mortgage, like thousands of Floridians across the state, because of the pandemic. After applying for mortgage assistance relief, he now faces foreclosure while he waits for an answer to his application.