Idalia Damage: No New Surcharges on Fla. Policies
State-owned Citizens Property Ins. can levy surcharges on all insurance policies if it has heavy losses, but Idalia’s impact won’t force it do to so.
Fla. Brokerages Using AI to Rev Recruitment
Just as “predictive analysis” can identify homeowners likely to sell soon, AI broker software can identify top candidates who may be willing to make a move.
Citizens Drops Rate-Hike Request a Bit
Fla.’s state-operated “insurer of last resort” lowered its earlier request to an average 11.5% increase, with commercial complexes, including condos, rising 10.2%.
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