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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 ...
Combined with earlier legislation, these regulations aim to stabilize the spasming home insurance market. Florida accounts for only 9 percent of the country’s home insurance claims but 79 ...
In a new study, Realtor.com forecasted the American real estate and housing market of 2025 and predicted the 100 markets in America for the coming year. After crunching a complex series of numbers ...
A homeowner with windstorm insurance can often submit the results of a windstorm inspection to their insurer to obtain discounts on their windstorm insurance. In Florida, for example, premium discounts for certain favorable wind mitigation features are mandated by State law and can total 45% of the original policy's premium. In coastal parts of ...
A strengthening storm that hit Florida with heavy rains and powerful winds this weekend is roaring its way up the East Coast, threatening floods, dangerous surf, power outages and travel disruptions.
The storm's large wind field resulted in strong winds across the entire state except for the western Panhandle. The strongest reported sustained wind speed was 112 mph (180 km/h) on Marco Island, while the highest observed wind gust was 142 mph (229 km/h), recorded near Naples, though stronger winds likely occurred in the Middle Florida Keys.
Palm Beach County and South Florida remain under a wind advisory, with gusts up to 45 mph. ... Weather-induced cancellations in the county include the popular West Palm Beach Green Market hosted ...
Miami-Dade County was the first in Florida to certify hurricane-resistant standards for structures which the Florida Building Code subsequently enacted across all requirements for hurricane-resistant buildings. Many other states reference the requirements set in the Florida Building codes, or have developed their own requirements for hurricanes ...