The article focuses on the possible emergence of compromise measures for the property insurance market in Florida. It highlights the foreseen agreement between the state's property insurance carriers and the state government on the passage of a bill that would allow the industry to increase rates. ...
Florida homeowners pay roughly 3.5 times the national average for property insurance coverage. In South Florida, it can be almost five times. "Can I afford to live in Florida anymore," asked Dave Feather. A question Feather says his clients contemplate weekly. Out of his office in Coral Sprin...
Candidates for a Florida Insurance License must be at least 18 years of age Candidates must be a United States citizen or legal alien, and a bona fide resident of Florida Prior to scheduling a Florida licensing exam, a candidate's application for license must be submittedonline, in addition ...
“It is the Achilles heel of the Florida real estate market and we are potentially going to gut the middle class in this state,” said Brandes. “They’re going to be paying more on their property insurance than they are on their mortgage.” And for the 140,000 plus homeowners—they’l...
CONFINETCorporate Risk is a Fort Lauderdale, Florida-based consulting firm, founded in 1996, providing insurance and risk management advice to companies throughout the United States. Ourclientsinclude corporate finance and executive management; insurance, risk management and human resource managers; attorn...
site of multiplehurricanesin 2020 and 2021, have had affordability and availability issues, as well," saidMichael Berry, Chief Communications Officer for the Insurance Information Institute. "The legal environment in those two states have put further cost pressures oninsurers in Florida and Louisiana....
PREVIOUS:Florida Senate passes property insurance overhaul But after two years of private insurers seeking hefty rate increases and dropping hundreds of thousands of customers because of financial losses, Republican lawmakers said the bill is designed to bolster investment in the...
survey costs and title insurance costs. Determinining the costs of sale of tangible personal property can be a bit more challenging. InTokai, the court adopted the taxpayer’s market approach value for its used equipment, but rejected the taxpayer’s request for a 20% cost of sale deduction ...
cost of a house policy has begun to mean that residential insurance is almost unaffordable. And when a claim is made and an assessor comes out, often the claim is ruled ineligible for one reason or another. Many companies which routinely offer home insurance in other states, such as Farmers...
PROPERTY INSURANCE; Florida Stands AloneRead the full-text online article and more details about "PROPERTY INSURANCE; Florida Stands Alone" - The Florida Times Union, May 29, 2009U.S. NewspapersThe Florida Times Union