Page 37 - Mark Friedlander News Today

Farmers Insurance became the latest company to pull out of Florida, saying it\nwill no longer write new business and not renew auto or home policies.

As many as 100,000 people could lose home and auto coverage.

An increased forecast for hurricanes means greater risk to homeowners in hurricane-prone states. Now is the time to evaluate your insurance policies.

Florida Residents And Real Estate Investors Are Being Dropped By Insurance Companies, Prices Skyrocket

Florida homeowners insurance is the costliest in the nation--and going higher. Critics say Florida governor Ron DeSantis should do more to fix the problem instead of campaigning for president.

The insurance industry is increasingly wary of the risks presented by climate and natural disasters, prompting major firms to scale back their presence in more vulnerable states.

One Naples homeowner whose insurer is based in England is having trouble getting his company to pay for Ian damage to his home.

The insurance industry is increasingly wary of the risks presented by climate and natural disasters, prompting major firms to scale back their presence in more vulnerable states. In June, Farmers Insurance announced in a company memo it will no longer write new property insurance policies in Florida, citing “catastrophe costs … at historically high levels.” Earlier in the…

Insurance companies are pulling back from disaster-prone California, Florida and Louisiana.

In many states, the climate crisis is fueling an insurance crisis, leaving homeowners struggling to find affordable coverage.