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CNN CNN Newsroom July 7, 2024 - Vimarsana News

CNN CNN Newsroom July 7, 2024

ripped through the state as a powerful category 4 storm. almost a category 5. the highest, most powerful kind of you hurricane there is. sheriffs deputies in sarasota county are going door-to-door right now in the hidden river community warning neighbors about the potential for flooding because of a possible levee break. days after the storm, the effects still being felt across the sunshine state. meantime, more than 1.2 million floridians are without power. officials say it's unclear when electricity will be restored to the hardest hit areas in the western part of florida. ian is be...

CNN CNN Newsroom June 4, 2024 14:22:00 - Vimarsana News

CNN CNN Newsroom June 4, 2024 14:22:00

Good morning, amy. i am sure a lot of people are listening and want to know what they can do in this situation. but first off, you know, talk us to about how ian is going to exacerbate this insurance crisis that we have been seeing, especially in florida. >> good morning. yes. so we are facing an unprecedented situation in the state of florida. we already have an insurance product that is so expensive in addition to the increasing costs. it is very difficult to even get insurance. and then when you do, we've had year over year diminishing returns product, meaning you think you are fully covere...

CNN CNN Newsroom June 4, 2024 14:21:00 - Vimarsana News

CNN CNN Newsroom June 4, 2024 14:21:00

Homeowners in florida are facing a nightmare scenario after hurricane ian tore a path across the state. according to the latest estimates, hurricane ian may have caused as much as $47 billion in damage. now people forced to rebuild their lives have to overcome rising construction costs, skyrocketing interest rates and soaring insurance premiums. homeowners were already paying nearly triple the national average for insurance there, $4231 a year per policy compared to the u.s. average at 1,500. and most of the homes damaged by ian are not covered by flood insurance. joining me now is amy bogs, h...

CNN CNN Newsroom June 4, 2024 14:27:00 - Vimarsana News

CNN CNN Newsroom June 4, 2024 14:27:00

Companies going belly up. who is watching that? somebody should be looking at those financials year over year. most recently -- yeah, with these -- with the carriers going belly up, the last forensic that was done about a carrier that went into foreclosure, receivership, was in 2017. >> we're out of time, amy. we appreciate your perspective on this. it's a very important conversation. as we know, the climate is warming and that means more and more people are going to be displaced not in just this country or in florida, but really around the world, and this is just a major intractable issue tha...