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One Florida woman got her 2018 Christmas present more than a year after her home sustained damage from Hurricane Irma - an adjusted claim payment that allowed her to repair her home. However, this homeowner's claim's process was anything but smooth. Initially, the...
Hurricane Michael, which hit the state of Florida in October of 2018, is likely to have negative budget impacts on the state for at least a few years. Costs for recovery and relief are anticipated to go above the ones needed for Hurricane Irma in 2017. Before the...
Florida homeowners have been dropped in large numbers by local insurance companies as many fear that premium rates will jump up in the year to come. Insurers shed around 87,000 policies in 2018, leaving many homeowners looking for new insurance to cover the gaps....
Some analysts say that Florida homeowners are facing unprecedented homeowners' insurance premiums, but the growth in fees cannot be attributed to hurricanes, floods and other natural disasters. Instead, analysts claim that provisions in the state's insurance laws...
In October 2018, Hurricane Michael made landfall in Florida, which lead to 35 people losing their lives. At the time of landfall, the storm had sustained winds of 155 miles per hour, and it was noted for its rapid intensification just before impacting land. Both storm...
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...
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...
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...
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...
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...