Hurricane Helene insured losses in Florida near $1.14 billion
Estimated insured losses in Florida from Hurricane Helene continue to climb, nearing $1.14 billion on Wednesday.
Watch CBS News
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.
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.
Florida regulators dug into a proposal that would lead to double-digit rate increases for customers of Citizens Insurance.
The number of Citizens policies soared in recent years as private insurers dropped customers and raised rates because of financial problems.
Skyrocketing property insurance costs are pushing some Florida residents to drop their coverage altogether.
Proposal leads to customers across the state seeing double-digit rate increases in 2025
Citizens Property Insurance Corp. Board of Governors will consider a proposal that would lead to an average 13.5 percent rate increase
Florida homeowners will soon be able to apply for grant funding to harden their homes
It's good news for homeowners with coverage with Florida Peninsula Insurance Co.
Private insurers pulled more than 275,000 policies last year from the state's Citizens Property Insurance Corp. and have taken nearly 115,000 this year, with Citizens President and CEO Tim Cerio saying Wednesday he thinks "we're coming through to the other side" after years of troubles in the market.
The city spent $50 million on flood prevention after historic flooding in 2023.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
The Fall Equinox, the official start of astronomical fall, is on Tuesday. But it will still feel like summer in South Florida.
In the fourth quarter, the Hurricanes' defense had to take the lead.
The city spent $50 million on flood prevention after historic flooding in 2023.
In a Truth Social post, Mr. Trump called fears around artificial intelligence possibly becoming a superintelligence that could pose a threat to human existence a hoax.
President Trump said Friday that three outlets would be banned from the White House, "effective immediately."
The Fall Equinox, the official start of astronomical fall, is on Tuesday. But it will still feel like summer in South Florida.
In the fourth quarter, the Hurricanes' defense had to take the lead.
Former Cuban President Raúl Castro has reappeared in public at a military event celebrating an army branch's anniversary.
Diario Las Américas, a Miami-based Spanish-language newspaper, reported Tuesday that Castro is seriously ill, citing a confidential source in Cuba close to his inner circle.
A sign referencing Cuba was visible in surveillance footage of a gas pump fire at a Bird Road Chevron station.
Khalid Sheikh Mohammed is accused of developing and directing the plot to crash hijacked airliners into the World Trade Center and the Pentagon on Sept. 11, 2001.
Degnis Bofill, who won a 2022 Latin Grammy, is being held at the Krome Detention Center in Miami-Dade County while his asylum case is pending.
Many Venezuelan immigrants are shunning Florida and turning instead to communities in places like Utah.
Alex Saab, 54, was deported in May by Venezuela's acting President Delcy Rodriguez to the U.S.
Former Venezuelan President Nicolás Maduro and his wife asked a judge to toss their drug trafficking indictment on the grounds that they have immunity as the leader and first lady of a foreign country.
The deal involves developing 17 strategic oil fields in Venezuela, an undertaking that experts said could take years.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
A former Republican Congressman turned Democrat, Jolly is running as a moderate voice, arguing that it is time for change after decades of Republican rule in Tallahassee.
Scott Singer, the former mayor of Boca Raton, discusses winning his primary and what's next in the race.
Former prosecutors question why a grand jury found $10 million misappropriated but charged no one.
The report found taxpayer money was routed through nonprofits and into political accounts, while Attorney General James Uthmeier faces fresh criticism over his role in the transfer.
Moskowitz discusses primary win, Democratic divide.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
The notice from a U.S. government agency does not indicate in which stores the beef was sold.
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.
Duncan Sheik died on Thursday night, his family said.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Performer Macklemore is being dropped from Ed Sheeran's Loop tour after making on-stage statements that some found controversial.
Dubbed the "Designer to the Stars," Bob Mackie won nine Emmy Awards, a Tony Award and was nominated for three Oscars.
Stella Parton gives insight into her sister Dolly Parton's marriage, makeup habits and views on death in an exclusive CBS News interview.