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Hurricane Insurance

Ft. Lauderdale Beach Flooding

Insurance Fund Strong In FL As Hurricane Season Nears

The upcoming hurricane season is just weeks away, but Florida is entering the new storm season with positive news.

05/15/2014

Money (Source: MyTV33)

Time Running Out To Double-Check Insurance Coverage

Tropical Storm Isaac is churning towards South Florida and if you haven’t already done it, check your homeowners insurance and hurricane coverage before a moratorium is put in place halting any changes.

CBS4–08/22/2012

Citizens Property Insurance

Citizens Not Budging On Plan To Purge Many Policyholders

Florida legislators created Citizens Insurance a decade ago to take on homes other insurance companies wouldn’t touch. They became the largest insurer of homes in Florida and now the company is trying to change that.

CBS4–06/04/2012

Hurricane

Lawmakers Urged To Beef Up Hurricane Catastrophe Fund

Florida has dodged a bullet for the six years without a hurricane hitting the state. Now insurance industry experts have urged state lawmakers to beef up the Florida Hurricane Catastrophe Fund before a major storm or series of them hits.

CBS4–02/19/2012

FL_Hurricane

Citizens To Cut 7,500 Coastal Property Policies Next Year

In an effort to shrink their risk during and after the annual hurricane season, Citizens Property Insurance Corp. plans to quit providing coverage to coastal homeowners whose properties are valued at $2 million or more.

CBS4–12/01/2011

Hurricane

Fla. Hurricane Fund Has $3.2 Billion Shortfall

There’s a storm brewing over the state of Florida’s hurricane fund which is confronting a potential $3.2 billion shortfall, financial experts said Tuesday in a new estimate of the money available to the pool intended to help insurers make disaster payments.

CBS4–10/18/2011

MoneyGeneric

Citizens Insurance Approves Rate Increases

South Florida property owners who rely on state run Citizens Property Insurance will be paying more for it next year.

CBS4–10/12/2011

Hurricane

Florida’s Hurricane Fund May Run Short If Disaster Strikes

If Florida were to experience a major hurricane, the state may not have the funds to pay off all the claims.

CBS4–09/22/2011

Florida Legislature. (Source: AP)

Fla. Senate Property Insurance Package Set For Final Vote

A sweeping property insurance package is poised for final passage in the Florida Senate after Senators Wednesday gave preliminary approval to a measure (SB 408) that makes a number of changes that were vetoed last summer by former Gov. Charlie Crist.

CBS4–04/28/2011

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