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.
According to Cubalex, a nonprofit organization that promotes human rights, nearly 160 protests have been reported across Cuba since March 6.
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
Since the beginning of March, Fort Lauderdale police have issued more than 1,000 traffic citations and made 38 arrests, with 10 of those being spring breakers.
Cellphone video appears to show a man, identified as suspect Roberto Sosa, receiving several blows to the head from police officers in the middle of Hallandale Beach Boulevard before being taken to the ground.
City Commissioner Damian Pardo, who represents District 2, which includes downtown, told CBS News Miami Investigates that the city has no jurisdiction to quiet or move the portable chiller system.
According to Cubalex, a nonprofit organization that promotes human rights, nearly 160 protests have been reported across Cuba since March 6.
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
Since the beginning of March, Fort Lauderdale police have issued more than 1,000 traffic citations and made 38 arrests, with 10 of those being spring breakers.
Cellphone video appears to show a man, identified as suspect Roberto Sosa, receiving several blows to the head from police officers in the middle of Hallandale Beach Boulevard before being taken to the ground.
City Commissioner Damian Pardo, who represents District 2, which includes downtown, told CBS News Miami Investigates that the city has no jurisdiction to quiet or move the portable chiller system.
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.
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
The first Marine Expeditionary Unit, which is coming from the Pacific, is still making its way toward the region.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
The Justice Department says it has shuttered four websites that were allegedly used by Iranian government-linked groups to post hacked information and threaten regime critics.
Critics of the bill argue that the attacks on the teacher unions are part of a broader education strategy that has slowly been unfolding for the past 30 years.
Nixon is in the Democratic primary against Alex Vindman, the retired lieutenant colonel who was instrumental in causing Trump's first impeachment.
In a wide-ranging CBS News Miami interview with Jim DeFede, Byron Donalds discussed his troubled past, tensions with Gov. Ron DeSantis and his political views.
For the first time, Donalds acknowledges that he didn't just possess marijuana, but that he was also dealing at the time.
The measure was pushed by the Freedom Foundation, a right-wing think tank funded by billionaires, whose intention is to eliminate public sector unions.
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.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
The Sunshine state is on track to be the second-highest, with only nine cases behind Utah, and the numbers lagging by five days.
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.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.