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The US Senate Budget Committee is launching a new investigation into whether Citizens Property Insurance Corporation, Florida’s state-backed home and property insurance company of last resort, is solvent enough to withstand future hurricanes.
(CNN) — The US Senate Budget Committee is launching an investigation into whether Florida’s state-backed home and property insurance company has enough money in the bank to withstand<a class="excerpt-read-more" href="https://wsvn.com/news/local/florida/senate-committee-investigating-floridas-state-backed-home-insurance-company-as-private-insurers-flee/">Read More</a>
The upcoming third Republican presidential election debate, scheduled for November 8 in Miami, presents a critical opportunity for moderators to emphasize the pressing issue of global warming, particularly its impact on Florida residents. The state’s vulnerability to climate upheaval makes it a bellwether of the escalating climate crisis. And that puts a spotlight on moderators, who have a responsibility to probe the Republican candidates' policy stances to ensure they align with the empirical realities and public sentiment of the region.
Homeowners in Florida, like other states, are seeing their home insurance rates soar. Multibillion-dollar disasters like hurricanes, tornadoes and wildfires have led insurers to hike premiums.
Homeowners in Florida, like other states, are seeing their home insurance rates soar. Multi-billion dollars disasters like hurricanes, tornadoes and wildfires have led insurers to hike premiums.