Why insurance is costlyWhat Hurricane Ian could mean to Florida’s struggling property insurance industry | Oct. 1Property insurance rates in Florida are the highest in the country, partly the result of litigation. Florida’s insurance commissioner has said that the state accounts for between...
Though Hurricane Ian missed Louisiana and ravaged Florida instead, Bayou State homeowners will not be spared a financial impact. Jeff Albright is with the Independent Insurance Agents & Brokers of Louisiana. He says this will likely be the most costly storm to ever...
George Bokios faced a quandary in the first week after Hurricane Ian hit Southwest Florida.Grateful for the safety of his family, and understanding of the first responders whose rightful focus was assisting survivors, the Sanibel Island property owner nonetheless was anxious to see what...
The Home Insurance research report studies primary and secondary research in order to analyze the data effectively. The market study further also draws attention to crucial industry factors such as global clients, potential customers, and sellers, which instigates positive company growth. In order...
The state-backed Citizens Property Insurance Corp. on Friday projected that it will receive 100,000 claims from Hurricane Ian, a significant decrease from a projection last week. Citizens said it had received 47,248 claims as of Friday morning. On Oct. 5, it released a...
Florida’s Governor continues to defend the state’s struggling property insurance market, though his words offer as much caution as reassurance.
Gov. Ron DeSantis remarked Friday in Cape Coral that Citizens Property Insurance, the state insurer of last resort, is “unfortunately undercapitalized.” However, he also...
