Florida homeowners insurance company accused of siphoning profits
As Florida moves homeowners' policies out of its state-run insurer of last resort, insiders question one new company's finances.
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As Florida moves homeowners' policies out of its state-run insurer of last resort, insiders question one new company's finances.
Refund amounts for State Farm customers will vary based on their place of residence and insurance premiums.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
Several factors are driving up home insurance premiums across the U.S. to record highs.
Donovan Barker said his 86-year-old mother, Jean, who lives with dementia, has been living under a tarp since a storm caused significant roof damage. Nearly three years later, large portions of the roof remain underneath a tarp.
Florida homeowners are urged to review insurance as more options and lower premiums become available before hurricane season.
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.
Hurricane Milton "poses a significant threat to the Florida property insurance market," particularly for insurers that focus their business on the state.
Estimated insured losses in Florida from Hurricane Helene continue to climb, nearing $1.14 billion on Wednesday.
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.
The fire has since been extinguished, according to fire authorities, and crews remained on scene conducting overhaul and ensuring the area is safe.
Miami-Dade Fire Rescue was alerted to the blaze, which started shortly after 3 p.m. on a private farming property.
The South Florida-based airline, which had been operating for 34 years, advised customers not to go to the airport.
A suspect was arrested in the shooting where both men were found by officers with multiple gunshot wounds.
As of Saturday evening, there had been 8 total threats reported, from bomb threats to unspecified threatening calls, where police did a sweep and found no danger to the public.
The fire has since been extinguished, according to fire authorities, and crews remained on scene conducting overhaul and ensuring the area is safe.
Miami-Dade Fire Rescue was alerted to the blaze, which started shortly after 3 p.m. on a private farming property.
The South Florida-based airline, which had been operating for 34 years, advised customers not to go to the airport.
A suspect was arrested in the shooting where both men were found by officers with multiple gunshot wounds.
As of Saturday evening, there had been 8 total threats reported, from bomb threats to unspecified threatening calls, where police did a sweep and found no danger to the public.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
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.
State lawmakers approved the new map, which deeply affects both Wasserman Schultz and fellow Democratic congressman Jared Moskowitz.
The Republican governors of Tennessee and Alabama called state lawmakers into special sessions on Friday, initial steps in what could be a scramble to redraw congressional maps after the Supreme Court narrowed the Voting Rights Act.
The new measures increase pressure on foreign financial institutions by threatening their access to U.S. markets if they continue to work with Cuban government entities.
A federal judge scolded prosecutors for pushing to move forward with detention proceedings for accused correspondents' dinner gunman Cole Allen, even though Allen agreed to remain in custody.
President Trump said earlier this week he was reviewing the possible reduction of troops in Germany, which hosts more than 35,000 U.S. service members.
In an interview on Facing South Florida, Wasserman Schultz said the Governor's efforts to redraw the maps will almost certainly violate the Fair Districts constitutional amendment voters in Florida passed in 2010.
Several commissioners have raised questions about how the center would be funded in future years.
The center – which was promised to voters back in 2004 – would take mentally ill individuals out of the jail and move them into a place where they can receive comprehensive treatment and support.
Luna said she expects Florida Democrat Sheila Cherfilus-McCormick to be the next member who either resigns or gets expelled.
Uthmeier was asked several times during a press conference in Miami this week if he had formally requested the judge overseeing the grand jury to keep the findings secret.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
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.
Attending this year's Kentucky Derby meant more for thoroughbred expert Mark Toothaker, who suffered a seizure from laughing at a whiffed NFL field goal attempt that led to a lifesaving diagnosis.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Michael Tilson Thomas, the 12-time Grammy Award winning composer and famed conductor who led the San Francisco Symphony for a quarter century, has died.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.