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Hurricanes & insurance: How prices could ignite mass migration from Florida

Editor’s note: Marshall Brain – futurist, inventor, NCSU professor, writer and creator of “How Stuff Works” is a contributor to WRAL TechWire.  Brain takes a serious as well as entertaining look at a world of possibilities for Earth and the human race.  He’s also author of “The...

Florida insurance commissioner steps down 1 day after special session

TALLAHASSEE, Fla. – After lawmakers this week passed an overhaul of the state’s property-insurance system, Florida Insurance Commissioner David Altmaier on Thursday submitted his resignation to Gov. Ron DeSantis.Altmaier, who made the resignation effective Dec. 28, has been Florida’s top insurance regulator since...

Legislature passes property insurance reforms to address hobbled system | Business Observer

Florida legislators passed an insurance reform bill Wednesday that eliminates a controversial fee payment system...

State House members pass property insurance reform bill in special session

TALLAHASSEE, Fla. (WCJB) -With property insurance described as a “hidden tax” on homeowners, the Florida House on Wednesday gave final approval to a plan aimed at stabilizing the state’s troubled insurance market. The Republican-dominated House voted 84 to 33 along party lines to...

Homeowners await relief as property insurance bill passes

Natalie Oldenkamp says it takes a lot of care to keep up with repairs at her 89-year-old home. “I’m actively looking for a plaster craftsman," she said. What You Need To Know  Property owners across the state have been dealing with skyrocketing property insurance costs  Homeowner Natalie...

Looking to stabilize market, Senate passes property insurance overhaul

After nearly five hours of discussion and debate, the Senate on Tuesday passed a bill with major changes to property insurance laws. The bill (SB 2A) contains provisions designed to bolster a beleaguered market. But critics allege the measure harms consumers in the process...