After Hurricane Helene flooded their home, a Tampa couple’s insurance claim was denied because their sunken living room was ...
The program allows state homeowners whose homes were destroyed or damaged by Hurricanes Helene and Milton to build back stronger.
As hurricanes ravaged Florida in 2024, home insurance costs have surged, putting a strain on the state’s residents.
Florida is one of the most expensive states for homeowners insurance, largely due to the heightened risk of hurricanes, floods and other severe weather. Annual premiums averaged $5,376 in January ...
Demotech, Inc. has assigned a Financial Stability Rating® (FSR) of A, Exceptional, to BrightShore Insurance Company. The establishment of an insurer dedicated to writing homeowners and flood insurance ...
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The willingness to invest in flood insurance has also increased. Only 2.2% of respondents indicated they would be unwilling to pay higher premiums, a decline from 6.6% in 2023. This suggests a greater ...
The Alaska Legislature is considering a bill that would create a new state insurance program to address damages from floods, including glacial outburst floods that are becoming more common as the far ...