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The Fanchers’ predicament is just one of many linked to the insurance crisis in hurricane-prone Florida. Rates are sky-high ...
Florida must address the insurance cost challenge. Mitigation is the state’s most proven, cost-effective and underutilized ...
While Floridians still pay higher premiums than most of the country, experts are seeing promising signs of 'stabilization' in ...
“The quality of these forecasts is becoming degraded,” Morales said. “We may be flying blind, and we may not exactly know how ...
Our market is becoming more and more competitive, and we continue to see great progress," state insurance commissioner says.
The National Hurricane Center said July 25 a large stretch of the Gulf Coast could see heavy rainfall through Sunday morning.
Florida's property insurance isn't ready. ... when Citizens Property Insurance Corp. underprices risk, ... This “hurricane tax” is a hidden levy we all pay for the comfort of denial.
The risk of significant hurricane damage influences home insurance costs in Louisiana. Insurers paid out more than $23 billion after the 2020 and 2021 hurricane seasons, according to Triple-I.
While wealthy coastal counties bear the brunt of landfalling storms, poor residents in inland counties are navigating an even ...
“It incorporates over 25 years of ICAT’s claims history and helps us continuously refine our expectations based on what we’ve ...
Hurricane Ian in 2022 was the costliest hurricane to make Florida landfall — causing more than $112 billion in damage, according to the National Hurricane Center.
In fact, major insurers like Farmers and Progressive have either left states like Florida or limited their exposure to these ...