Florida Peninsula Insurance lines up huge premium reduction
Overview On August 14, 2025, Florida Peninsula Insurance Company, a major homeowner’s insurance provider in Florida, announced a proposed statewide average premium reduction of 8.4% for homeowners and 12% for condominium owners, marking the largest rate decrease in its 20-year history. The filing, submitted to the Florida Office of Insurance Regulation (OIR), awaits approval, with … Read more