Capitol to Courthouse Florida Insurance Report: Monday, August 13
Aug 13, 2012
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There are no insurance-related events scheduled for today.
With the backing of Gov. Rick Scott, and a mostly silent Legislature, Citizens has advanced an aggressive agenda of higher rates and reduced coverage
Property insurance reform was nowhere to be found among Gov. Rick Scott’s “legislative priorities” during this year’s lawmaking session in Tallahassee.
With the cost of insurance soaring, many senior citizens in Florida are choosing the precarious option of dropping insurance altogether and bearing the risk of a hurricane hit on their own.
As rates rise at Citizens Property Insurance Corporation, real estate professionals say Florida’s housing market is taking a hit
Justin and Ashleigh Leto were ready to buy their Florida dream home. The property was perfect, the price was acceptable and the sellers were ready to hand over the keys to the first-time homebuyers. One problem: insurance.
Patricia Temple’s annual insurance bill soared by more than $2,100 after an inspector knocked on her door earlier this year. The bill came from Citizens Property Insurance Corp., and the inspector was one of thousands fanning the state on Citizens’ behalf, often with sudden and jarring results for homeowners.
Citizens Property Insurance Corporation’s cancellation of hurricane coverage for all homes valued at more than $1 million will force Palm Beach residents to buy alternative insurance at higher costs.
The largest players in Southwest Florida’s homeowners insurance market have made their case to raise rates from 10 to 33 percent on average. Consumers are scrambling to find more affordable coverage.
All of us can relate to our Hurricane Andrew anniversary coverage, including me. The storm turned my house into kindling
On Aug. 23, 1992, I lived in a three-bedroom, two-bath house west of Metrozoo in a neighborhood called Kings Grant, just south of Country Walk. It was 1,600 square feet, wood-frame, on a builder’s half acre. We had paid $96,000 seven years before, and in a flat real estate market, it wasn’t valued at much more than the day we closed.
Florida plans to disapprove Praetorian Insurance Co.’s request for a statewide 2.2 percent decrease for its lender-placed insurance program.
Travelers Casualty and Surety Company of America has filed federal court documents in Florida arguing that it does not have an obligation to defend the homeowners’ association where Trayvon Martin was shot and killed
Energy experts are closely watching how the $18 billion merger of Progress Energy into Duke Energy will impact Florida’s overall power grid.
Gov. Rick Scott on Friday appointed 13 members to a new committee established by the Legislature to study investor-owned water and wastewater utility systems.
Judge Thomas P. Crapps of the Florida Division of Administrative Hearings will issue a final ruling in two weeks, regarding implementation of a controversial new elections law, HB 1355, by the Legislature during the 2011 session and signed into law by Gov. Rick Scott.
In a final push before Tuesday’s primary elections, House and Senate candidates collected hundreds of thousands of dollars in contributions during the past three weeks — and, in some cases, wrote big checks themselves, new reports show.
The organization tasked with recruiting a culturally diverse hodgepodge of tourists to Florida has discriminated against its own employees on the basis of race, religion and gender, according to several lawsuits and interviews with former staff.
Louisiana’s property insurer of last resort is trying to negotiate settlements on two remaining class action lawsuits tied to the company’s handling of claims after hurricanes Katrina and Rita.
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