News Source: Reinsurance News Date Published: November 29th Author: Kane Wells The U.S. Federal Emergency Management Agency (FEMA) has reported that the National Flood Insurance Program (NFIP) has paid $793 million in claims…
News Source: South Florida Sun-Sentinel Author: Ron Hurtibise Date Published: October 16 Hurricane Ian didn’t break Florida’s property insurance market. Insurers have the capacity to pay claims from the storm, which struck Southwest Florida last…
News Source: Insurance NewsNet Date Published: October 7th Responding to public officials who have lashed out at the state’s largest homeowners insurance ratings agency over its threats to downgrade more than…
News Source: CBS News Author: Irina Ivanova Date Published: October 4th Many Florida homeowners starting the arduous recovery from Hurricane Ian will do so without the benefit of flood insurance, forcing them to either rebuild…
News Source: Insurance Newsnet Date published: August 31st Without a hit from a major hurricane, annual underwriting losses from property insurers in Florida eclipsed $1 billion in 2020 and in 2021. Five companies have…