Florida lawmakers look for property insurance answers
Florida House members Friday began digging into questions about property-insurance companies sending money to affiliated firms and shareholders while arguing the industry was losing money.
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Florida House members Friday began digging into questions about property-insurance companies sending money to affiliated firms and shareholders while arguing the industry was losing money.
Lawmakers have considered such proposals in the past.
A Florida company says its new technology is helping to build homes faster and at a lower cost amid the impacts of climate change.
Citizens' largest concentrations of policies are in South Florida.
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
The approved companies are Slide, American Integrity and Trident Reciprocal Exchange.
Citizens President and CEO Tim Cerio applauds changes to state law.
State-run insurer had 987,744 policies in force as of Friday.
The state-backed property insurer had had 1,037,811 as of Friday, up from 1,035,534 policies a week earlier.
The state program provides critical backup coverage for property insurers.
Amid long-running efforts to shift customers into the private market, homeowners insured by Citizens Property Insurance Corp. plunged last week.
Two weeks after Hurricane Milton hit Florida, about 15.8% of insurance claims had been closed.
Navigating the insurance process after a natural disaster damages your home can be daunting. Here are some key tips.
Jim interviews former State Sen. Jeff Brandes about the economic effects Hurricane Milton might have in Florida.
Florida regulators have approved proposals by private insurers to take more than 300,000 policies in December from Citizens as the state continues to try to shrink the size – and risks – of its insurer of last resort.
Estimated insured losses in Florida from Hurricane Helene continue to climb, nearing $1.14 billion on Wednesday.
Hurricane Milton "poses a significant threat to the Florida property insurance market," particularly for insurers that focus their business on the state.
Florida regulators have approved proposals by private insurers to take more than 300,000 policies in December from Citizens.
Outside of Florida, roughly 99% of homeowners that sustained flooding are not covered, Insurance Information Institute estimates.
Adjusters in Florida say insurance companies altered Hurricane Ian damage reports to underpay homeowners. Whistleblowers detail what they found.
Homeowners not on the path of Hurricane Helene cannot escape insurance premium hikes.
Rising Florida home insurance rates, which surged 45% from 2017 to 2022, are likely to keep climbing along with the mercury, experts say.
Hurricane Helene could cause $3 billion to $6 billion in private insurance losses
Florida's Citizens Property Insurance Corp. could have fewer than 900,000 policies at the end of the year.
Home insurance premiums have at times risen 40% faster than inflation. Extreme weather events are likely to make the expense worse.
Maryland Sen. Chris Van Hollen says he met Thursday with Kilmar Abrego Garcia, who immigration officials admitted was deported by error to El Salvador.
Florida legislature has been considering the removal of a gun control law passed after the 2018 massacre in Parkland in which 17 people were killed in a mass shooting at Marjory Stoneman Douglas High School.
Videos on social media capture the terrifying moments when a gunman opened fire on the Florida State University campus. Police say the suspect is a 20-year-old FSU student.
In a video statement, DeSantis said he and his wife, Casey, were mourning the victims and praying for the FSU community.
The president said the FSU shooting was "terrible" and a "shame," but suggested new gun laws are unlikely, calling himself a "big advocate of the Second Amendment."
Maryland Sen. Chris Van Hollen says he met Thursday with Kilmar Abrego Garcia, who immigration officials admitted was deported by error to El Salvador.
Florida legislature has been considering the removal of a gun control law passed after the 2018 massacre in Parkland in which 17 people were killed in a mass shooting at Marjory Stoneman Douglas High School.
Videos on social media capture the terrifying moments when a gunman opened fire on the Florida State University campus. Police say the suspect is a 20-year-old FSU student.
In a video statement, DeSantis said he and his wife, Casey, were mourning the victims and praying for the FSU community.
The president said the FSU shooting was "terrible" and a "shame," but suggested new gun laws are unlikely, calling himself a "big advocate of the Second Amendment."
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
Maryland Sen. Chris Van Hollen says he met Thursday with Kilmar Abrego Garcia, who immigration officials admitted was deported by error to El Salvador.
Florida legislature has been considering the removal of a gun control law passed after the 2018 massacre in Parkland in which 17 people were killed in a mass shooting at Marjory Stoneman Douglas High School.
The president said the FSU shooting was "terrible" and a "shame," but suggested new gun laws are unlikely, calling himself a "big advocate of the Second Amendment."
President Trump lashed out at Fed Chair Jerome Powell over interest rates, saying he should "certainly lower them now."
The owner of a small stationery business based in Pensacola, Florida, says her company is facing up to $1 million in tariff payments this year alone under the Trump administration's new tariffs.
There has been a major development in the aftermath of our CBS News Miami documentary "Warehoused: The Life and Death of Tristin Murphy."
The former lieutenant governor sat down with "Facing South Florida" for her first interview since becoming FIU's interim president.
"Facing South Florida" devotes the entire half hour to taking an up-close look at President Donald Trump's first month in office.
"Facing South Florida" devotes the entire half hour to the immigration bill DeSantis signed and the tumultuous events leading up to it.
Jim talks to Republican State Senator Blaise Ingoglia, who has been in the immigration battle from the beginning.
The CDC is now struggling to keep up with requests for support from states with measles outbreaks.
A majority of the agency's COVID-19 vaccine work group now backs narrower "risk-based" recommendations.
CDC experts were not made available to discuss the findings showing a rise in autism prevalence.
Steep cuts to the agency's workforce had disrupted drug and food safety inspections.
Arkansas, Hawaii and Indiana have joined a list of two dozen states with confirmed measles cases.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
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Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
Michelle Trachtenberg's death was initially undetermined but the medical examiner amended it after lab test results showed complications of diabetes mellitus.
Wink Martindale, the host of hit game shows "Gambit" and "Tic-Tac-Dough," has died. He was 91.
David Beckham says Miami has become his second home, reflecting on his love for the city, his soccer ventures, and new wellness brand.
"Grey's Anatomy" and "Euphoria" star Eric Dane said he is still able to work and will return to the HBO drama.
When F. Scott Fitzgerald wrote "The Great Gatsby" at the height of the roaring '20s, he couldn't possibly realize that the book would emerge as one of the very top contenders for "the great American novel."