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Temple says special session on insurance reform highly unlikely

Tim Temple, Insurance Commissioner-elect There’s been plenty of speculation about a special session before the regular one to address the state’s property insurance crisis next year. But at a recent NOLA.com town hall meeting, Insurance Commissioner-elect Tim Temple said it’s highly unlikely…“Once the redistricting...

Commitment to free market is key to home-insurance stability

In the face of a nationwide affordability crisis, Floridians find themselves grappling with challenges that extend far beyond their control — a consequence of excessive federal spending, regulatory burdens and other cost drivers, supply chain disruptions, and additional inflationary pressures. However, thanks to...

Citizens Insurance investigation goes beyond Florida, senator says

WEST PALM BEACH, Fla. — U.S. Sen. Sheldon Whitehouse, D-RI, told WPTV concern over Citizens Insurance's ability to pay claims after a major storm goes beyond Florida.He quoted the government backed mortgage agency Freddie Mac said the potentially risky footing of both Citizens,...

6 Steps to take after a natural disaster

Key takeawaysHaving an emergency plan, supplies and a thorough understanding of your home insurance policy will help you prepare for a natural disaster.Assessing property damage, documenting it and promptly filing a homeowners insurance claim are some potential key steps in the recovery process.Common...

No quorum to renew Atlantic City property insurance by Fri.

ATLANTIC CITY — Five City Council members who are critics of Mayor Marty Small Sr.'s administration did not show up for...

Insurance carriers struggling with digital experiences

Many insurers struggle to deliver a seamless digital experience, according to the J.D. Power 2023 U.S. Claims Digital Experience Study.Overall customer satisfaction is down to 854, on a 1,000-point scale, dropping three points from last year. Only 35% of customers said that the...