The real cost of living in paradise: Florida’s insurance crisis needs root-cause solutions
Suppressing premiums with subsidies or caps gives consumers false security, encouraging building in unsafe zones.
Tag: Citizens Property Insurance
Climate change is driving an insurance crisis: Policymakers and regulators must act
Challenges in insurance markets connected to climate-related disasters are likely just a taste of what’s to come.
Skyrocketing insurance rates test resolve of Florida homeowners in risky areas
Research shows the soaring costs hint at widespread, unpriced risk as the global climate warms, with states like Florida hit ...
Bill would exempt electric bikes, scooters from Florida sales tax; Citizens offloading policies to private insurers
SB 58 would create two 45-day sales tax exemptions on electric assist bicycles, scooters and related safety equipment.
The insurance industry stands to gain from supporting Florida’s climate resilienceÂ
By helping Florida communities navigate intensifying climate-related risks, the insurance industry could also help itself.
Hurricane season ends with 20 named storms but just 1 US landfall; Senate committee investigating Citizens Property Insurance
The hurricane season produced the fourth-most named storms on record, but only Idalia made landfall in the US.
Addressing the climate crisis: How to save Florida from an insurance catastrophe
Florida’s insurance market has been dramatically destabilized as a result of climate change impacts that drive up insurance costs
A river will run through it unless Jacksonville fully adapts to sea-level rise
There is plenty that can be done to mitigate sea-level rise by considering reality-based changes to building and zoning codes.
Why Florida’s home insurance crisis isn’t going away
Even if the market recovers from Hurricane Ian, climate change will likely keep prices high.
Climate policy can help Florida’s insurance policiesÂ
As Americans flock to the coasts, we concentrate insurance risk in areas vulnerable to sea-level rise, flooding and super storms.
The Invading Sea is a nonpartisan source for news, commentary and educational content about climate change and other environmental issues affecting Florida. The site is managed by Florida Atlantic University’s Center for Environmental Studies in the Charles E. Schmidt College of Science.
