A recent survey by the Insurance Information Institute shows an alarming trend that 15% to 20% of Florida homeowners are scrapping coverage and self-insuring their homes.
Jacksonville city officials, nonprofit leaders and private stakeholders met this week on Mayor Donna Deegan’s housing subcommittee on Friday.
Florida lawmakers are in a second special session devoted to the topic of homeowners insurance. Lawmakers are considering legislation to help private insurance companies.
Florida's property insurance crisis is one of the biggest issues in the state right now. A local landlord tells News4JAX despite the rising costs, she has not passed it on to her tenants.
The City is also committing $250,000 to fund JCLT operations.