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Tag: property insurance

Damage from hurricanes Helene, Milton could top 0B
Business

Damage from hurricanes Helene, Milton could top $200B

October 8, 2024October 8, 2024

As Florida’s Tampa Bay region braces for Hurricane Milton to make landfall on Wednesday, many in the storm’s path are still reeling from Hurricane Helene’s

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Sizing up Hurricane Helene's expected multibillion-dollar damages, effects on insurance market
Business

Sizing up Hurricane Helene's expected multibillion-dollar damages, effects on insurance market

September 26, 2024September 26, 2024

As Hurricane Helene churned toward Florida, property owners and insurers braced for the impact from another devastating and costly storm. The Category 3 hurricane, which

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Citizens Property Insurance seeks approval for rate hike 
Business

Citizens Property Insurance seeks approval for rate hike 

August 7, 2024August 7, 2024

Citizens Property Insurance requested a 13.5 percent rate hike that will likely affect property owners in the most expensive home insurance market in the country. 

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Insurance plan Lawsuits Didn’t Induce FL House Insurance policies Disaster
Business

Insurance plan Lawsuits Didn’t Induce FL House Insurance policies Disaster

January 8, 2024January 9, 2024

Homeowners’ lawsuits from insurance firms did not trigger document losses and quickly escalating insurance policy rates in Florida, in accordance to a new examine.  But

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Gov. Ron DeSantis signs property insurance, condo safety reforms into law
News

Gov. Ron DeSantis signs property insurance, condo safety reforms into law

May 26, 2022May 26, 2022

TALLAHASSEE (CBSMiami/NSF) – Gov. Ron DeSantis has signed property insurance and condo safety reform bills into law. Stay with CBSMiami.com for updates on this developing

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South Florida homeowners hoping newly-passed legislation will provide some relief from skyrocketing insurance rates
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South Florida homeowners hoping newly-passed legislation will provide some relief from skyrocketing insurance rates

May 26, 2022May 26, 2022

MIAMI (CBSMiami) – South Florida homeowners are hoping new legislation just passed in Tallahassee will provide some relief for steep homeowners insurance rates that have

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Homeowners insurance changes headed to Gov. Ron DeSantis’ desk
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Homeowners insurance changes headed to Gov. Ron DeSantis’ desk

May 25, 2022May 25, 2022

TALLAHASSEE (CBSMiami/NSF) — Supporters said the plan will stabilize the property-insurance market. Critics said it doesn’t do enough to help homeowners. But with hurricane season

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Florida Lawmakers Tee Up Property Insurance Changes
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Florida Lawmakers Tee Up Property Insurance Changes

May 25, 2022May 25, 2022

TALLAHASSEE (CBSMiami/NSF) — Florida lawmakers are poised Wednesday to give final approval to a series of changes aimed at shoring up the property-insurance market as

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Florida lawmakers tee up property insurance changes
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Florida lawmakers tee up property insurance changes

May 25, 2022May 25, 2022

TALLAHASSEE (CBSMiami/NSF) — Florida lawmakers are poised Wednesday to give final approval to a series of changes aimed at shoring up the property-insurance market as

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Florida lawmakers tee up property insurance changes
News

Insurance Bills Clear Committee, Move To Florida Senate

May 24, 2022May 24, 2022

MIAMI (CBSMiami/AP) – The Florida Legislature on Monday began a special session focused on fixing the state’s turbulent property insurance market, advancing sweeping legislation to

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