With water bordering three sides of the state and hundreds of inland lakes and rivers, flooding poses a serious and frequent threat to Floridians. Flooding from late April storms left parts of Escambia County in the Panhandle still flooded weeks later. Unfortunately, some residents there did not have flood insurance
In 2008, Florida’s government-run property insurer paid Warren Buffett $224 million to agree to buy its debt if a major storm struck. Six hurricane-free years later, the state is turning investors away. With hurricane season set to start June 1, municipal securities sold by Florida’s taxpayer-owned property insurers are rallying,
Former Florida State President Talbot “Sandy” D’Alemberte has nominated state Sen. John Thrasher to be FSU’s president, filling the void created when Eric Barron was hired by Penn State in mid-February. D’Alemberte’s three-page letter endorsing Thrasher was sent to William Funk, the Dallas-based head hunter hired to help FSU find
Florida Senate Majority Leader Lizbeth Benacquisto has drawn a GOP challenge in her re-election bid, as political novice Michael Dreikorn filed to run in Senate District 30. The two Republicans faced off in last month’s GOP primary for Florida’s 19th Congressional District to replace disgraced former U.S. Rep. Trey Radel, who resigned from
The Florida House handed the $77.1 billion budget to Gov. Rick Scott Tuesday, but most bills that passed the Legislature still have not yet reached his desk. cott has 15 calendar days to act. His staff has been studying the budget line-by-line as the re-election-minded governor must decide whether to
What if employers started giving workers a chunk of cash to buy health insurance on their own instead of offering them a chance to buy into the company plan? Are workers ready to manage their own health insurance like they do their 401(k)? The idea that employers might decide to
Northwest Florida residents with flood-damaged homes and property can get insurance assistance through the Florida Department of Financial Services’ Insurance Consumer Helpline at 1-877-MY-FL-CFO (693-5236). “The days and weeks following a devastating storm are a stressful time for anyone, but our dedicated team of insurance professionals are ready to help
Hurricane Ivan was a waterfront flooding event. Tuesday’s rain event hit areas farther inland for the most part. Because it hit many people who are not in high-risk flood zones, many didn’t have flood insurance and may be disappointed to learn their home insurance policy doesn’t cover rising water. “I’ve
Insurers in Florida could not use credit information to deny a claim or cancel a policy under a bill now headed to the desk of Florida Gov. Rick Scott. The Florida House voted unanimously for a bill that would also create a “homeowner claims bill of rights” that requires insurers
JACKSONVILLE — A man shouted “Let’s get to work!” as Gov. Rick Scott stepped up to a microphone at a car dealership on Monday, and the governor quickly reminded him that things have changed since 2010. “Now we’re going to do ‘Let’s keep working.’ Let’s practice,” Scott said as he lead the