Progressive dropping 100,000 home insurance policies in Florida. Here are the details
In the middle of whatโs being called a โproperty insurance crisisโ in Florida, several local homeowners said their policies are being dropped by Progressive, one of the biggest property insurance companies in the country.
President of Security First Insurance Company offers tips for Florida home insurance customers
Melissa DeVriese, President, Security First Insurance Company in Ormond beach sat down with News 6 investigator Mike Holfeld to talk about the role insurance companies will play to answer the call for coverage and what policy holders need to know.
Floridians flock to Citizens Insurance even as it plans rate hikes
As Citizens Property Insurance Corp. waits for a decision on a plan that would lead to double-digit rate increases for customers, the state-backed insurer remains on a path to grow to 1.7 million policies by the end of the year, President and CEO Tim Cerio said Wednesday.
โThe Bud Light of insurance:โ Florida CFO threatens investigation of Farmers Insurance amid exit
โThe more we learn about Farmers Insurance, the more itโs clear its leadership doesnโt know what theyโre doing," Florida CFO Jimmy Patronis said. "While theyโre bad at helping people, theyโre good at virtue signaling.โ
Dr. Jim Clark explains what people should know ahead of special session on property insurance
As the special legislative session is about to kick off to tackle the stateโs property insurance crisis, News 6โฒs political analyst is breaking down what consumers can expect lawmakers to discuss and vote on.
Florida lawmakers discuss special session on property insurance at Orlando summit
With only a few days left before lawmakers are called back to the state capitol to try and fix Florida's property insurance market, legislators say they are waiting to see the exact language written in the bill they will discuss.
Florida property insurance special legislative session details still being worked out
Nearly a month after Gov. Ron DeSantis said he would be calling state lawmakers back to the Florida Capitol for a second time this year to address the stateโs property insurance crisis, the specific dates of the legislative session have not yet been publicly announced.
3 questions and answers about bodily injury liability coverage
In 2021, the Florida House and Senate passed a bill that would have eliminated Personal Injury Protection/No Fault Auto Insurance in the state and required drivers to have mandatory bodily injury coverage. The bill was vetoed by Florida Gov. Ron DeSantis.
Citizens Property Insurance chief details troubled industry to Florida lawmakers
Pointing to a โsea of red ink,โ the head of the state-backed Citizens Property Insurance Corp. described a private insurance industry Wednesday that is losing gobs of money while homeowners face soaring rates and trouble finding coverage.
Enrollment for the Affordable Care Act reopens. Hereโs what you need to know
(U.S. Centers for Medicare & Medicaid Service via AP)Open enrollment for the Affordable Care Act is set to reopen Monday and stay open for the next three months. The website serves 36 states including Florida, to those who need coverage from Feb. 15 until May 15. The goal of this special enrollment period is to help uninsured Americans weather the pandemic. Former President Donald Trumpโs administration had cut the open enrollment period of the ACA down from its original three months to six weeks. According to the Kaiser Family Foundation, there are currently approximately 15 million uninsured Americans.
Involved in a car crash? Take these 5 steps to make sure youโre protected
Youโll want to make sure youโre not further endangering yourself, McMillen said. Call your insurance company, but keep a few things in mind when you do so. You want to get your insurance company on board early, as in, you shouldnโt wait too long to inform them of the accident. And it made it so that the first $10,000 of any medical expenses would be covered by your insurance company. โItโs super important to get your own legal representation, because the insurance companies sure have theirs,โ McMillen said.
A special type of insurance helps with business interruptions like COVID-19 closures: How to ensure youre taking full advantage
Thats where Business Interruption Insurance kicks inThis is a type of insurance coverage that replaces business income lost as a result of a business interruption event. One more piece of the puzzleIf youre a business, you likely want to make sure you can take advantage of any Business Interruption Insurance you might have. Bogin, Munns & Munns, for example, offers a free case evaluation about your business interruption case. Some business owners have looked into the idea of turning to their commercial Business Interruption Insurance, to try to get some financial relief. Learn more: Bogin, Munns & Munns