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Lawmakers in Florida approved a plan designed to restructure and lessen the importance of assignment of benefits, a common practice in the state's insurance industry. The Citizens Property Insurance Corp., which is backed by the state, faces thousands of lawsuits...
In order to help residents prepare for the next major hurricane that will inevitably make landfall, the Florida Chief Financial Officer started the Prepare Florida initiative. Even in a state where hurricanes make landfall somewhat regularly, many homeowners and other...
Florida homeowners have found some temporary relief after the House of Representatives approved a two-week extension of the federal flood insurance program on May 30. This comes after the Senate approved the extension by voice vote the week before. While this vote...
Since you live in an area prone to hurricanes, it's essential that you understand them and the quality of materials that have to be used on your home in Miami to make it safe. To start with, you should get to know the categories of hurricanes. The Saffir-Simpson...
After several large storms have battered the region in three years, the American Automobile Association surveyed 400 Florida residents to measure their concern about this year's hurricane season that generally starts at the beginning of June. An overwhelming 92% of...
The Federal Emergency Management Agency still has open disaster events throughout Florida in the Panhandle and Keys from last year. With the 2019 hurricane season about to begin, FEMA's chief executive of the National Flood Insurance Program publicly called for people...
A bill that would modify Florida insurance rules has been moved on to the governor's office for signature following its passage by state legislators. The bill includes a number of provisions related to insurance. It would increase the amount of reimbursement from the...
For some homeowners in Florida, the aftermath of a hurricane or other natural disaster may be the hardest part of the storm to get through. However, the process of filing an insurance claim and having it approved doesn't have to be a negative experience. Prior to...
In the wake of damage caused by hurricanes that wreak havoc across the state of Florida, residents often sign over their insurance benefits to contractors while on the road to recovery. This practice can often lead to abuse according to many advocates. The state...
When high winds hit Miami, you may think that your home stood up to the abuse fairly well. You don't see any obvious damage. You decide not to file an insurance claim. Then, the next time that it rained, water started pouring in. It caused extensive interior damage as...