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The Fanchers’ predicament is just one of many linked to the insurance crisis in hurricane-prone Florida. Rates are sky-high ...
Hurricane Ian in 2022 was the costliest hurricane to make Florida landfall — causing more than $112 billion in damage, according to the National Hurricane Center.
Hurricane Ian in 2022 was the costliest hurricane to make Florida landfall — causing more than $112 billion in damage, according to the National Hurricane Center. But it could have been even worse if ...
Florida's property insurance isn't ready. ... when Citizens Property Insurance Corp. underprices risk, ... This “hurricane tax” is a hidden levy we all pay for the comfort of denial.
Florida is the state most exposed to risk, with nearly $8.2 million homes at moderate risk or greater with a combined RCV of $2.3 trillion. Texas followed with nearly 4.8 million homes at moderate ...
M illions of homes in Florida, Texas, North Carolina, New Jersey, and New York are at risk of suffering billions of dollars in storm-related and hurricane-wind damage this storm season, according ...
Florida's insurance market has undergone big changes since Wilma became the last hurricane to make landfall in the state the state in 2005. What did we learn from Citizens Property Insurance Corp.?
The risk of significant hurricane damage influences home insurance costs in Louisiana. Insurers paid out more than $23 billion after the 2020 and 2021 hurricane seasons, according to Triple-I.
New Cotality Hurricane Risk Report Finds Associated Risks Are Distorting Property Markets in Unexpected Places Share More than 33 million across the United States face hurricane wind risk, $11.7 ...
On June 30, the Defense Department stopped using a tool that’s been essential for predicting hurricanes. So homeowners need to prepare. Hurricane Risk Just Got Harder To Predict—and Coastal ...
South Carolina home insurance rates may surge because of hurricane season 2025. Here’s how much & how to mitigate costs.