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The Fanchers’ predicament is just one of many linked to the insurance crisis in hurricane-prone Florida. Rates are sky-high ...
As major home insurers flee storm-ravaged markets, Demotech’s ratings enable smaller ones to step in. A string of failures ...
Florida must address the insurance cost challenge. Mitigation is the state’s most proven, cost-effective and underutilized ...
Hurricane Ian in 2022 was the costliest hurricane to make Florida landfall — causing more than $112 billion in damage, according to the National Hurricane Center.
Hurricane Ian in 2022 was the costliest hurricane to make Florida landfall — causing more than $112 billion in damage, according to the National Hurricane Center. But it could have been even worse if ...
Florida is the state most exposed to risk, with nearly $8.2 million homes at moderate risk or greater with a combined RCV of $2.3 trillion. Texas followed with nearly 4.8 million homes at moderate ...
Florida's insurance market has undergone big changes since Wilma became the last hurricane to make landfall in the state the state in 2005. What did we learn from Citizens Property Insurance Corp.?
The Butterfly Effect is the chaos-theory idea that the flapping of an insect’s tiny wings can influence massive weather events far removed from it in distance and time. It may overstate the importance ...
Former Florida Insurance Commissioner Kevin McCarty writes that recent reporting in the Sun Sentinel that insurance costs are rising for homeowners is only half the story and that reforms enacted ...
The risk of significant hurricane damage influences home insurance costs in Louisiana. Insurers paid out more than $23 billion after the 2020 and 2021 hurricane seasons, according to Triple-I.