State asks Floridians to avoid creating more debris ahead of Hurricane Milton
Read full article: State asks Floridians to avoid creating more debris ahead of Hurricane MiltonNow is the time to prepare your home ahead of Hurricane Milton, which is expected to be a major hurricane when it makes landfall mid-week along Florida’s Gulf Coast.
Why 33% of travelers are being denied travel insurance claims, and how to avoid it
Read full article: Why 33% of travelers are being denied travel insurance claims, and how to avoid itWith the holiday travel rush just around the corner, many people are wondering if spending extra on travel insurance is really worth it.
Damage to your home? How and when to make an insurance claim to get the most out of your coverage
Read full article: Damage to your home? How and when to make an insurance claim to get the most out of your coveragePicking up the pieces after a storm, flood, or fire is a daunting task. Consumer Reports explains how to file an insurance claim to get the most out of your policy.
I-TEAM: More I-10 drivers speak out about denied claims for construction project damage
Read full article: I-TEAM: More I-10 drivers speak out about denied claims for construction project damageMore drivers say their claims were denied for damage to their vehicles on a stretch of I-10, between Chaffee Road and Hammond Boulevard.
Why does it sometimes cost twice as much to insure manufactured, tiny homes -- and how can you save money?
Read full article: Why does it sometimes cost twice as much to insure manufactured, tiny homes -- and how can you save money?No doubt manufactured and tiny homes are significantly cheaper than traditional homes—but there’s often a surprise after the purchase. Insurance can cost twice as much.
TELL US: Have you gotten a letter from Citizens offering you to switch to another insurer?
Read full article: TELL US: Have you gotten a letter from Citizens offering you to switch to another insurer?Citizens Property Insurance, the state’s “insurer of last resort” is sending policyholders letters that says they’ve received an offer of coverage from another private market insurance company.
Florida’s insurance crisis: DeSantis says ‘knock on wood’ during hurricane season
Read full article: Florida’s insurance crisis: DeSantis says ‘knock on wood’ during hurricane seasonGov. DeSantis is also making news after addressing the topic, on a conservative talk show, where DeSantis is urging patience and hoping for no hurricanes this season.
Realtors say buyers are reluctant to purchase homes due to constant property insurance hikes
Read full article: Realtors say buyers are reluctant to purchase homes due to constant property insurance hikesAfter property owners in Florida learned they were going to be hit with yet another property insurance hike, real estate agents are also feeling the effects.
Floridians, you’re being hit with a 1% emergency ‘assessment’ fee for property insurance. Here’s why.
Read full article: Floridians, you’re being hit with a 1% emergency ‘assessment’ fee for property insurance. Here’s why.State insurance regulators signed a plan that will tack on a 1% emergency “assessment” to property insurance to deal with issues caused by several large carriers leaving the state of Florida.
Insurance group meant as last resort in Florida issued more than 1 million policies in 2022
Read full article: Insurance group meant as last resort in Florida issued more than 1 million policies in 2022As more private insurers are dropping customers and raising their rates, the number of policies Citizens Property Insurance Core has issued has doubled over the last two years.
Feeling pinched by car insurance premiums? Here are some ways to save
Read full article: Feeling pinched by car insurance premiums? Here are some ways to saveAs inflation drives the cost of everything from groceries, gas and housing higher, many Floridians are looking for ways to save money. With several factors driving the state’s car insurance premiums to be the highest in the nation, there are ways you can try to cut that cost.
Florida CFO says insurance proposal will put brakes on fraud after storms
Read full article: Florida CFO says insurance proposal will put brakes on fraud after stormsFlorida’s Chief Financial Officer is calling for a major overhaul in the way insurance is handled to prevent fraud in wake of Hurricane Ian.
Jacksonville toddler struck with same rare eye cancer as mother; family faces another tough medical fight
Read full article: Jacksonville toddler struck with same rare eye cancer as mother; family faces another tough medical fightA local family is pleading for the community’s help after their toddler was diagnosed with a rare form of eye cancer, the same disease that her mother suffered as a child.
Clay County District Schools covered by ‘active assailant insurance’ policy
Read full article: Clay County District Schools covered by ‘active assailant insurance’ policyThe Clay County School district’s board approved an estimated $1,634,490 to cover its property/casualty/active assailant insurance policies, an increase of $287,305 or 21% over the previous year. Specifically cited among the district’s reasons for the cost increase is the rise in “active assailant premiums.”
Citizens Property Insurance could hit 1.2 million policies this year
Read full article: Citizens Property Insurance could hit 1.2 million policies this yearPointing to “almost incomprehensible growth,” the president and CEO of Citizens Property Insurance Corp. said Wednesday the state-backed insurer could have 1.2 million customers by the end of the year.
Insurance changes hit with second lawsuit
Read full article: Insurance changes hit with second lawsuitA contractors group and an Orlando-area roofing firm Thursday challenged the constitutionality of a new law that combines a property-insurance change with efforts to bolster the safety of condominium buildings.
Contractors challenge new insurance law
Read full article: Contractors challenge new insurance lawLess than a week after Florida lawmakers rushed to make property-insurance changes, a contractors group Tuesday filed a constitutional challenge that targets a new restriction on attorney fees in lawsuits against insurance companies.
DeSantis vetoes auto insurance overhaul bill
Read full article: DeSantis vetoes auto insurance overhaul billPointing to possible negative impacts for the insurance market and drivers, Gov. Ron DeSantis late Tuesday vetoed a long-sought effort by legislators to end the state’s no-fault auto insurance system.
Governor to sign homeowner’s insurance reform; rates still expected to rise
Read full article: Governor to sign homeowner’s insurance reform; rates still expected to riseGov. Ron DeSantis has said he will sign a new law that aims to address skyrocketing homeowners insurance rates by reducing litigation, but part of the deal also allows Florida’s insurer of last resort to raise rates year over year at a higher pace than in the past.
Surprising factors in how your car insurance rates are set
Read full article: Surprising factors in how your car insurance rates are setIn most states, you’re required by law to carry car insurance. A new Consumer Reports investigation reveals that what you pay for insurance often involves a lot more than just your driving record. It found that three major auto insurance companies-- Geico, Progressive, and Liberty Mutual -- quoted higher average premiums to consumers who had less education. The average consumer shopping for insurance has no idea which factors companies are using to set their rates. A good thing to do is to seek multiple quotes from different insurance companies to make sure that you’re not overpaying.
No-fault insurance repeal teed up in Senate
Read full article: No-fault insurance repeal teed up in SenateTALLAHASSEE, Fla. – The latest effort to end Florida’s no-fault auto insurance system will get its first Senate hearing next week. The proposal seeks to replace the requirement motorists carry personal-injury protection coverage -- key to the no-fault system -- with mandatory bodily injury coverage. Senate President Wilton Simpson, a Trilby Republican who is backing the elimination of no-fault, said personal-injury protection coverage is “outdated” and doesn’t protect consumers. Under the no-fault system, drivers are required to carry personal-injury protection, or PIP, coverage to help pay medical bills after accidents. Disputes about the bad-faith issue have stalled past legislative efforts to end the no-fault system.