Three local insurers fined as regulators increase enforcement effort

The state's Office of Insurance Regulation is investigating how state insurers handle claims.


  • By Louis Llovio
  • | 5:00 a.m. September 10, 2025
  • | 0 Free Articles Remaining!
Hurricane Ian caused widespread damage in Lee County, including this part of Fort Myers Beach in a 2023 photo.
Hurricane Ian caused widespread damage in Lee County, including this part of Fort Myers Beach in a 2023 photo.
Photo by Stefania Pifferi
  • Florida
  • Share

In the years following Hurricanes Ian and Idalia, eight property insurance companies doing business in Florida — three local, with a fourth connected to an area company — violated state rules on how claims were to be processed and paid.

The charges, leveled last week by the Florida Office of Insurance Regulation, ranged from the administrative, such as not providing certain disclosure statements, to failing to pay interest when it was owed.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content