Universal Condominium Insurance

Source: Tampa Bay Times https://share.google/tBfxgkSeAieMl6aDJ

Florida condos are struggling. Could they be redeveloped? A recent court ruling out of Miami raises questions about condominium termination

Judge blocks citizens in arbitration fight

Judge blocks citizens in arbitration fight TALLAHASSEE — After a homeowner argued the process was unconstitutional, a Hillsborough County circuit judge Friday blocked the state’s Citizens Property Insurance Corp. from using a controversial arbitration process to

“In a nutshell, the real estate market — after years of sometimes wild growth — appears to have stabilized,” a South Florida lawmaker said.

Source: Tampa Bay Times https://share.google/K0C9qEGnc7yuqVyP9

Florida county’s sagging condo market could be ‘next great crisis’ as values drop “In a nutshell, the real estate market — after years of sometimes wild growth — appears to have stabilized,” a South Florida lawmaker said.

‘Too little, too late’: Florida condo owners say between soaring HOA fees and sky-high insurance, the state’s condo reform legislation falls short. Here’s why — and what they’d prefer https://moneywise.com/real-estate/these-florida-condo-owners-say-the-states-condo-reform-legislation-falls-short

‘Too little, too late’: Florida condo owners say between soaring HOA fees and sky-high insurance, the state’s condo reform legislation falls short. Here’s why — and what they’d prefer “I've seen my condo HOAs at $450, double in two years to $900."

Controversial proposal to withhold Citizens insurance is part of condo bill impasse https://www.yahoo.com/news/controversial-proposal-withhold-citizens-insurance-234549685.html

Controversial proposal to withhold Citizens insurance is part of condo bill impasse “Denying access to Citizens makes the situation worse,” one lawmaker has said.

It’s been almost two months since older condominium buildings in Florida had to be inspected. It was one of the requirements put in place after the Champlain To…

Source: WLRN https://buff.ly/Pc3kp7B

Less than half of vintage condo buildings in South Florida have turned in their required inspection It’s been almost two months since older condominium buildings in Florida had to be inspected. It was one of the requirements put in place after the Champlain Towers South collapse in Surfside killed 98 people. Most have not submitted their results.

Many Florida condo buildings could lose state-run insurance coverage under new bill. Here's why https://buff.ly/Vce1w4A

Many Florida condo buildings could lose state-run insurance coverage under new bill. Here's why A Florida lawmaker has filed a bill that would strip condo associations of access to state-run Citizens Property Insurance if they don't comply with new building safety laws.