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Here's what you need to know about your flood zone.

Homeowners association fees in Florida have surged over the past year, driven by rising insurance costs and new safety regulations, leading to financial pressures on condo owners and declining condo market prices.

Due to recent legislative changes (HB 1503), effective as of July 1, 2024, approved surplus lines insurers – that meet specified criteria and are approved by the Office of Insurance Regulation (OIR) – may now participate in depopulation. Policies that are eligible for assumption by an approved surplus lines insurer are limited to those that provide coverage for a non-primary residence that does not have a homestead exemption.