Homeowners in Florida say they weren't told the federal floodinsurance program was eliminating flood insurance subsidiesfor some homes starting this month.
|Who is to blame?
|According to Jeff Harrington of the Tampa Bay Times,angry homeowners staring at tens of thousands of dollars morefor flood insurance could turn to filing lawsuits against realestate and insurance agents.
|Read the whole story HERE.
|Meanwhile, according to Mary Ellen Klas of the MiamiHerald, Florida regulators recently told lawmakers it wasspeaking to private insurance companies to gauge interest inwriting “expedited” flood insurance policies in the SunshineState.
|Read the whole story HERE.
|Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
