The Florida Senate will try to entice private insurance companies to sell flood policies in the Sunshine State to homes that are vulnerable to storm surge.
A proposal to shrink behemoth, state-backed Citizens Property Insurance Corp. was introduced to a Senate committee Wednesday.
Insurance regulators across Florida have a Herculean task on their hands.
Florida Governor Rick Scott may shrink the Florida Catastrophe Fund by roughly $5 billion over the next four years, according to the News Service of Florida.
Privacy on the Internet is just about non-existent. Now insurance companies are using your fun pictures and postings for everything from pumping up premiums to finding fraud.