They survived the hurricane. Their insurance company didn’t
Hurricane Ida revealed a fragile insurance industry ill-prepared for the consequences of climate change.
Tag: Citizens Property Insurance Corporation
Outrage alone won’t fix Florida’s home insurance crisis
Florida cannot keep expanding development into the most storm-prone areas without expecting astronomical losses.
Florida’s home insurance crisis hits hardest in some of the state’s poorest counties
An Inside Climate News analysis shows that communities around Lake Okeechobee are an epicenter of the crisis.
Work left to do to address property insurance costs and improve storm resilience in Florida
We need to allow insurance pricing to reflect exposure to risk and continue offering mitigation grants to strengthen homes
Affordable insurance should not be our ultimate goal. We need to address the underlying risk
The insurance affordability crisis demands responses that first and foremost prioritize resilience.
Florida’s insurance crisis is the canary in the coal mine. This election will shape what comes next
Florida may be 'first and worst' into this mess, but sea level rise and worsening storms are coming for all ...
Florida should lean into solutions that ensure access to affordable, reliable insurance
Enhancing resiliency and encouraging smart development will continue to chase away the storm clouds of insurance woes.
Audit report recommends changes to Florida’s property insurer of last resort
The report on the state-owned Citizens Property Insurance Corp. made several recommendations.
Report: Florida’s property insurance rates have risen by 42.5% since 2019
Florida TaxWatch's report examined factors contributing to the market's instability, including damages from hurricanes and litigation.
US Senate panel divided over climate as cause of rising insurance premiums
As Florida faces an increased threat of hurricanes, heat waves and flooding, insurers have dropped plans or raised prices