There is no question that the climate in Florida is one of the most attractive in the United States. The hot, frequently humid weather is good for those with rheumatoid arthritis, as well as many other medical conditions. That, as well as the lower cost-of-living when...
Month: November 2018
More than a million Hurricane Irma claims have been filed
The impact of Hurricane Irma on Florida has become even clearer with the release of figures by the State Office of Insurance Regulation showing that more than a million insurance claims have been filed because of this storm. Estimated losses have already passed $11...
Citizens Insurance avoids brunt of Hurricane Michael claims
As the Office of Insurance Regulation continues to tally insurance claims arising from Hurricane Michael, Citizens Property Insurance Corp. announced that the storm will not negatively impact its finances. The bulk of personal policies written by Citizens apply to...
Hurricane Michael damage claims continue to rise
Florida homeowners are facing significant losses from Hurricane Michael, a Category 4 storm that caused serious damage along the Florida Panhandle in October. The Florida Office of Insurance Regulation said that estimated insured losses from the hurricane are greater...
Recent hurricanes lead to insurance rate hikes
In 2018, homeowners insurance rates in Florida went up by as much as 15 percent. In the aftermath of hurricanes Florence and Micheal, rates are set to go up again by as much as 20 percent. This may be true whether a person lived in an area impacted by a hurricane or...