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Insurance

  • November 17, 2025
Florida workers' comp rates to fall nearly 7% next year

The state's Office of Insurance Regulation has approved rate decreases nine consecutive years.

  • November 4, 2025
State regulators levy $500K in fines against two insurers for Ian, Idalia claim issues

The insurers, both with Tampa ties, were the last of 10 Florida's Office of Insurance Regulation investigated.

  • October 14, 2025
Trio of Tampa Bay insurance firm IPOs raise nearly $900M

After years of stagnation, four Tampa Bay area insurers have gone public or announced plans for an IPO this year.

  • October 1, 2025
BayCare reaches new agreement with Florida Blue

BayCare Health Systems and Florida Blue reached a new, multiyear network agreement, maintaining patient access just hours before the old one was set to expire.

  • September 29, 2025
Sarasota Memorial Health Care reaches agreement with Cigna

The health care system has a new contract with the health insurer.

  • September 29, 2025
Canadian insurance firm expands to US, buys Lee County firm

Ottawa-based Gifford Carr Insurance Group acquired Omni One. a four-year old business in Cape Coral.

  • September 19, 2025
Two new insurers join Florida’s growing insurance market

Stand Insurance Exchange, based in Tallahassee, and Praxis Reciprocal Exchange, based in Tampa, have been approved to do business in Florida, Insurance Commissioner Mike Yaworsky announced Thursday.

  • September 11, 2025
Bain Capital-backed Tampa tech insurance firm names CEO

Ryze Claims Solutions, backed by investment giant Bain, welcomes Walter Leddy to the role.

  • September 10, 2025
Three local insurers fined as regulators increase enforcement effort

The state's Office of Insurance Regulation is investigating how state insurers handle claims. Florida insurance regulators, backed by new state laws, are investigating insurance companies on how the firms handle claims and clients.

  • September 3, 2025
Tampa call center to lay off 76 employees

Guide to Insure announced it will be laying off 76 employees in an Aug. 29 letter to the Florida Department of Commerce.

  • September 2, 2025
Florida regulators levy $2.07 million in fines against eight insurers

The state’s Office of Insurance Regulation found the companies, including two in St. Petersburg and one in Sarasota, mishandled claims after Hurricanes Ian and Idalia.

  • July 17, 2025
St. Petersburg insurer could take on 32,000 Citizens policies in the fall

Mangrove insurance has been told by the Florida Office of Insurance Regulation that it could assume up to 81,000 policies this year.

  • July 16, 2025
Florida Chamber says property insurance market shows improvements

The organization credits legislative reforms for helping bring down property insurance costs and lessening the burden on state-run Citizens.

  • June 26, 2025
St. Pete insurance firm takes on 20,000 Citizen policies

The is the second batch of policies the company has assumed from the state-run insurer.

  • June 18, 2025
Former EDC leader, insurance exec, named CEO of golf nonprofit

Lisa Krouse was an executive with FCCI for more than 15 years.

  • June 18, 2025
St. Pete insurance startup picks up 12K Citizens policies

The firm began to sell policies earlier this month.

  • June 12, 2025
St. Pete home insurer, behind $30M in capital, starts selling policies

The recently approved insurer with an A rating and $30 million in capital has begun selling policies in the state.

  • May 1, 2025
Fate of Fort Myers Beach flood insurance rating and discount still unknown

FEMA will remove the barrier island’s probation in November, saving residents $50, but a much bigger 25% flood insurance discount is still lost.

  • May 1, 2025
St. Petersburg insurance firm reaches milestone $300 million in premiums

Neptune Flood credited its AI-powered platform for streamlining its quoting processes and coverage provided.

  • April 22, 2025
FCCI Insurance expands excess and surplus coverage

A Sarasota-headquartered insurance company with $3.3 billion in assets is offering excess and surplus coverage to all of its regions.

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