How are people supposed to rebuild Paradise, California, when nobody can afford home insurance?Efforts to rebuild a California town nearly wiped out by wildfire five years ago are being stymied by high home insurance costs.
Crisis continues: AAA Insurance set to drop ‘small percentage’ of Florida homeownersAAA Insurance will be issuing non-renewals for a select number of homeowners in Florida, the company told News4JAX sister station WKMG on Thursday.
Florida’s insurance crisis: DeSantis says ‘knock on wood’ during hurricane seasonGov. DeSantis is also making news after addressing the topic, on a conservative talk show, where DeSantis is urging patience and hoping for no hurricanes this season.
Farmers pulls out of Florida property insurance despite efforts to stabilize the marketFarmers Insurance is the latest property insurance company to pull out of Florida.
Farmers Insurance pulls out of the Florida marketThe Florida insurance market took a hit Tuesday, as Farmers Insurance said it will end residential, auto and umbrella policies in the state, forcing tens of thousands of customers to look elsewhere for coverage.
2 more property insurance companies scaling back in Florida just 2 weeks into hurricane seasonTwo weeks into hurricane season, and two property insurance companies in Florida are scaling back policy coverage, citing their vulnerability to natural disasters like hurricanes and flood.
