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Thanks to mounting hurricane losses, home insurance premiums in Florida have risen an astonishing 300% in the last five years, according to the financial news site Benzinga. Residents there now ...
Florida is not alone when it comes to property insurance. One in 13 homeowners across the U.S. are uninsured, according to a recent study by the Consumer Federation of America. That's a little ...
Florida’s crumbling homeowners insurance market is exposing one of the state’s long-running flaws: its reliance on a single company to certify the majority of the state’s insurers.
Insurance tips for Florida homeowners. Making plans about where to live based on what might happen 100 years from now is challenging. Wanting to be near family and beautiful scenery is a sentiment ...
Of the $165 billion in natural disaster–caused damage the U.S. experienced in 2022, $116 billion of it was in Florida. Average annual home insurance premiums are triple the national average ...
Ameriprise Auto & Home Insurance; Ameriprise Financial [15] [16] Ameritas Life Insurance Company [17] [18] Amica Mutual Insurance; Amtrust Financial Services [19] [20] Applied Underwriters [21] Arbella Insurance Group [22] Assurant [23] Assurity Life Insurance Company [24] Auto-Owners Insurance [25] AXA Equitable Life Insurance Company [26]
In the spring of 2012, Florida Governor Rick Scott stated in a survey with the Florida Council of 100 that Citizens Insurance had $504.8 billion in risk and just $6.1 billion in cash reserves. PolitiFact Florida, a fact checker of the Tampa Bay Times and Miami Herald, researched Scott's claims. They concluded that while the company did have ...
These lawmakers from South Florida are proposing increasing the cap on the value of homes that state-run Citizens Property Insurance can cover in Monroe and Miami-Dade counties.