Neptune Flood expands offerings
Private flood insurer Neptune Flood has expanded its offerings with the introduction of an excess flood insurance product tailored for residential, commercial, and condominium (RCBAP) properties. The new product is…
Thousands of U.S. homes have flooded over and over again. Here’s where.
The number of U.S. properties that have flooded numerous times continues to rise, according to newly released federal data, in the latest sign of the nation’s mounting flood risk. Figures…
U.S. Senate Budget Committee announces investigation into Citizens Insurance
The chairman of the Senate Budget Committee has opened an investigation into Florida’s Citizens Property Insurance Corp. and its ability to pay claims for “climate-related” disasters before seeking federal help.…
Approval of thousands of property insurance policies taken from Citizens means ‘good news’ for Florida, experts say
Florida property insurance experts say the approval of four insurance companies to take as many as 125,000 policies from Citizens Property Insurance is another sign the state is headed in…
Biden-Harris Administration Urges Public to Stay on Alert, Stands Ready to Respond to Hurricane Idalia
WASHINGTON — Under President Biden’s leadership, the Biden-Harris Administration has mobilized 1,500 federal personnel, more than 540 Urban Search and Rescue personnel and three Disaster Survivor Assistance Strike Teams to support states…
Democratic Town Hall guest: Stop finger-pointing in insurance crisis
Expert says the insurance market shows encouraging signs. Florida property owners might be paying the country’s highest property insurance rates. Still, a Florida insurance expert speaking at a Democratic Town Hall…
What if everyone had Citizens Insurance for their home
News Source: South Florida Sun-Sentinel Author: Roy Hurtibise Date Published: January 15th, 2023 Why not just expand state-run Citizens Property Insurance Corp. to cover all homeowners in Florida? It’s a timely question for the…
Florida Senate Committee Passes Reform Bill; Would Make Citizens ‘Noncompetitive’
News Source: Insurance Journal Author: William Rabb Date Published: December 13th A Florida Senate Committee spent about two hours Monday reviewing a sweeping property insurance reform bill before approving it along…