Senate committee hearing dives into Florida's insurance market
While insurance officials in the state say they’re starting to see signs of market stabilization, the property insurance crisis in took center stage on Capitol Hill.
Source: wtsp.com
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Florida insurance market full of 'low quality' companies, study finds
State regulators have also been “lax,” researchers wrote.
Source: tampabay.com
'My cover is up 400%': Meet the Americans on the frontline of the country's home insurance crisis
Forecasts say the typical annual home insurance premium will rise 6 percent to $2,522 by the end of 2024. But for many Americans, the reality is far worse.
Source: dailymail.co.uk
US home insurance bills to hit $2,500-a-year in 2024 due to climate change but as much as $12,000 in worst-hit areas - how much will it be in YOUR state?
This increase comes on top of a 20 percent hike in the last two years. This has been driven by more natural disasters, insurers pulling out of some areas and higher fees for home repairs.
Source: dailymail.co.uk
Citizens' home insurance changes get the nod from Florida lawmakers
As Florida continues to seek new ways to unload policies from its home insurance company of last resort, Citizens Property, the House gave
Source: liveinsurancenews.com