Florida Citizens Property Insurance Corp. on Aug. 20 made its case to regulators for an average 7.5 percent rate hike, while acknowledging what the CEO of the state-run insurer calls a difficult and delicate exercise.
The Florida Geological Survey and the states emergency department are receiving a $1.08 million federal grant to study sinkhole vulnerability, the Florida Department of Environmental Protection has announced.
The Florida Geological Survey and the states emergency department are receiving a $1.08 million federal grant to study sinkhole vulnerability, the Florida Department of Environmental Protection has announced.
Dozens of guests at a Florida resort near Walt Disney World were safely evacuated in the middle of the night on Monday when a three-story building collapsed after a large sinkhole opened on the property's grounds.
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The Citizens Property Insurance Corp. Board of Governors on June 26 approved the rates, which include the continued phase-in of rate increases for sinkhole coverage.
The Citizens Property Insurance Corp. Board of Governors on June 26 approved the rates, which include the continued phase-in of rate increases for sinkhole coverage.
Florida Insurance Commissioner Kevin McCarty talks PIP reform, federal oversightand whether its time for a serious look at breaking up Citizens Property, the states insurer of last resort.