- Florida and Texas are facing shared exposure to high uninsured flood risk following events as of May 28, 2026.
- Florida is addressing storm risk and legislative reforms related to the state's insurance market.
American Coastal Insurance Company, which insures properties in Florida, earned an 'A' rating from Demotech.
2 reports, 1 independent
Updated Jul 28
Gone quiet
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
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What happened
American Coastal Insurance Company, which insures properties in Florida, earned an 'A' rating from Demotech.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Florida is addressing storm risk and legislative reforms related to the state's insurance market.Also in this story
- The Florida state senate threatened journalists who were investigating the state's insurance market.
- Policy debates in Florida involve FEMA mandates influencing rebuilding permits and a proposed comprehensive insurance overhaul.
- Florida Department of Transportation manages traffic policy to aid evacuation during hurricanes.
- A new law, AB 1795, has been introduced that shifts the liability burden onto insurers within the insurance market.
The entities involved
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Demotech
American insurance rating service
Nothing else this week.
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Florida
state of the United States of America
- Joint reporting by local media outlets exposed industry issues and highlighted the role of local companies in the Florida insurance market.
- The article covers three concurrent stories: Brightline facing financial strain, FPL offering bill credits to seniors, and Florida's wage hike attracting workers from Alabama.
Related events
- Homeowners in the region face high insurance costs, while local property taxes fund essential city services.
- The Citizens Property Insurance Corporation has finalized its risk transfer tower structure for the year 2026.
- Citizens Property Insurance Corporation operates within the Florida risk transfer marketplace.
- Rating agencies Fitch and Moody's are monitoring the financial stability and reform progress of the state insurer of last resort in Florida.
Coverage
Newest first; wire copies grouped- GlobeNewswireAmerican Coastal Insurance Corporation Schedules Second Quarter Financial Results and Conference Call ST. PETERSBURG, Fla., July 23, 2025 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (N