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The financial-rating agency AM Best says further “action is essential” to stabilize Florida’s property-insurance market, as lawmakers prepare to grapple with the issue during a special session later this month.
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Sen. Jeff Brandes, a Republican from St. Petersburg, didn't wait for Gov. Ron DeSantis or Legislative leadership to line up lawmakers for a special session on property insurance.
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Roofing claims, property insurance, and Russian disinvestment: On Tuesday, for the first time in more than six months, the Florida Cabinet actually met in Tallahassee to tackle business on a variety of fronts.
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The Biden administration has asked Congress to allocate $22.5 billion more for pandemic relief. But the funding is stalled and the effects are already being felt.
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Governor Ron DeSantis signed a property insurance reform bill into law, June 11, following a roundtable discussion in Sarasota. Supporters of the measure say it will drive down property insurance rates in the long run, but opponents argue it will do just the opposite as well as make it easier for insurance companies to deny claims.
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With hurricane season right around the corner, it is critical to check to make sure you have the appropriate insurance coverage. Experts at the Federal...
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If the bill is signed by Gov. Ron DeSantis, the requirement for carrying so-called PIP coverage would end and motorists would need to have bodily-injury coverage.
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After back-to-back hurricanes and wildfires, insurers are looking for more-resilient construction materials. That means building model homes and then blowing off their roofs or setting them on fire.
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The storm's costs to insurers will be substantial, Fitch Ratings says, but companies should be able to absorb the losses. Still, communities will be coping with the financial fallout for a long time.
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A year ago, Hurricane Irma set records as it barrelled toward South Florida. One of 10 consecutive named storms in 2017, Irma had winds of over 185 miles…
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Insurance loss estimates from Hurricane Irma have hit $9.7 billion, up by more than $1 billion since April, according to the latest numbers posted by the…
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Rowan Douglas feels an emotional draw to statistical risk modeling of natural disasters."Two hundred years ago, we created the romantic period of English…