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3th July 2023

Why Car Repairs Have Become So Expensive

New cars and trucks are packed with sensors and technology that protect and pamper drivers and passengers. But those...

6th Mar 2023

Skyrocketing insurance premiums have Floridians feeling the pinch

Retired NASA contractor Joe Harris and his wife have lived in Merritt Island for six decades and off the Indian River for the past eight years.

11th Oct 2022

Hurricane Ian exposed a flood insurance nightmare for homeowners in Florida

Residents on Sanibel Island, a small coastal community outside Fort Myers, suffered a direct hit. A lack of insurance could prove life-altering for them and many other Floridians.

29th Sep 2022

Hurricane Ian could cripple Florida's home insurance industry.

Hurricane Ian could cripple Florida's already-fragile homeowners insurance market. Experts say a major storm like Ian could push some of those insurance companies into insolvency, making it harder for people to collect on claims.

28th Sep 2022

Hurricane Ian will add to capital pressure for Florida’s insurers: AM Best

Major hurricane Ian’s impacts and losses are set to add to the capital pressure experienced by Floridian primary insurers and even the state’s new $2 billion Reinsurance to Assist Policyholders program is unlikely to make insurers whole again, given they now lack private reinsurance protection.

29th Sep 2022

Citizens’ Early Estimate of $3.8B in Ian Losses; Florida OIR Suspends Use and File

Hurricane Ian continued to churn through central Florida Thursday morning, leaving widespread flooding and wind damage in its wake. It was too early to know the extent of property insurance claims from the storm, although a few analysts and officials offered some preliminary estimates.

27th Sep 2022

Hurricane Ian threatens an already wobbly insurance market in Florida

Hurricane Ian certainly will cause billions of dollars in property damage amid a crisis in Florida’s insurance market that features withdrawal or closure of carriers and a tightening in the availability of reinsurance — that is, insurance for insurers.

30 Dec 2022

Florida Senate passes property insurance overhaul

TALLAHASSEE, Fla. (AP) — The Florida Senate on Tuesday approved sweeping legislation that would overhaul the state's property insurance system, which has struggled due to insolvencies, high costs and major storms.

23th Mar 2023

25,000 Lawsuits by Today? Florida Plaintiff Firms Rushing to File Before Tort-Reform Bill Signed into Law

The Florida Senate approved a take-no-prisoners tort-reform bill Thursday and Gov. Ron DeSantis signed it into law Friday.

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