A “disturbing” rise in water-damage claims in South Florida is driving Citizens Property Insurance Corp. to seek an average 3.2 percent increase in rates for many homeowners, the president of the state-backed insurer said Tuesday.
Homeowners in flood-prone neighborhoods across the country will see relief from big insurance increases when President Barack Obama signs a bipartisan bill Friday.
Miami-Dade County Commissioners are fighting back against large impending rate hikes for flood insurance.
Thousands of homeowners across Florida are set to see major increases in their flood insurance costs if the federal government doesn’t act to delay or cancel the rise in rates.
The Mississippi Department of Insurance filed a lawsuit against the federal government Friday that Floridians should pay special attention to if they own a home or may be buying a home soon.
Florida’s Supreme Court is being asked to overturn a rate increase approved last year for the state’s largest utility, Florida Power & Light.
The Office of Insurance Regulation announced Monday that it has approved an overall statewide rate hike of 6.3 percent for Citizens Property Insurance Corp. Citizens is the state’s largest property insurer with 1.22 million policyholders.
Politicians of both parties talk about the importance of higher education, but Monday the intransigence of both parties made it even more difficult and expensive for some students to get a degree.
Thanks to the ongoing obstructionism from both political parties in Washington, DC, students taking out loans for the upcoming school year will be hit with nearly double the interest rates students were given last year.
It’s the one thing commissioners have been avoiding for over a decade; Miami-Dade’s crumbling sewage system. Thursday, under the pressure of a federal lawsuit commissioners began to take action, perhaps a minute or years really too late.