Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Florida faces more reinsurance problems with expected 10 percent increase in 2023

Por: Orlando Sentinel Politics November 24, 2022

thumbnail

TALLAHASSEE — As Florida lawmakers try to stabilize the troubled property-insurance system next month, they could face worsening problems with reinsurance, a critical part of the system. Fitch Ratings released an analysis Wednesday that said overall reinsurance prices are expected to increase by more than 10 percent in 2023, pointing to losses from disasters such as Hurricane Ian and “increasing frequency and severity of natural catastrophe... + full article



Similar News

Once dominated by behemoths, Louisiana insurance increasingly provided by unproven carriers

The Advocate USA Business November 27, 2022

thumbnailOnce upon a time, most Louisianans insured their homes with a traditional behemoth, a giant of the industry, like State Farm, Allstate, Farmers or USAA.No more. Today, a sizable share of now from small, undercapitalized and that lack the huge reserves to protect them when... + más

Hurricane Ian didn't come anywhere near Louisiana. But it could still roil our insurance market | The Advocate

Benefits of whole life insurance everyone should know | CBS News


Louisiana Citizens rate increases will be as high as 111% in some parishes

The Advocate USA Business November 16, 2022

thumbnailThe unlucky residents who rely on the state’s insurer of last resort pay the most for .Thanks to the hurricanes of 2020 and 2021, the prices charged by Louisiana Citizens Property Insurance Corp. are set to rise by an average of 63%. But in some parishes, the financial pain... + más

Losing people, losing jobs: Forecast projects rural Louisiana's 'funk' to worsen | The Advocate

Louisiana Citizens rate increases will be as high as 111% in some parishes | The Advocate


Louisiana Citizens rate increases will be as high as 111% in some parishes

The Advocate USA Business October 30, 2022

thumbnailThe unlucky residents who rely on the state’s insurer of last resort pay the most for .Thanks to the hurricanes of 2020 and 2021, the prices charged by Louisiana Citizens Property Insurance Corp. are set to rise by an average of 63%. But in some parishes, the financial pain... + más

Losing people, losing jobs: Forecast projects rural Louisiana's 'funk' to worsen | The Advocate

Early voting starts Tuesday; What's on the Baton Rouge area ballot this time around? | The Advocate


Florida’s ‘Cat Fund’ eyes $10 billion in Ian losses

Orlando Sentinel USA Nation October 27, 2022

thumbnailTALLAHASSEE — The Florida Hurricane Catastrophe Fund, a state program that provides critical backup coverage to property insurers, is estimated to have $10 billion in losses from Hurricane Ian, officials said Wednesday. The program commonly known as the “Cat Fund” will be... + más

Doorbell cam catches touching reunion between lost cat and family | Newsweek

Four ways to tell if your cat loves you – based on science | WGN-TV


Amid crisis, Louisiana auditor urges insurance regulators to scrutinize undervaluing of property

The Advocate USA Business October 18, 2022

thumbnailThe Louisiana Legislative Auditor is urging insurance regulators to dig deeper into why nearly a dozen insurers folded as they struggled to pay claims after four powerful hurricanes made landfall in the state.In , the auditor called on the state Department of Insurance to... + más

Sixth Florida property-insurance company goes under | Orlando Sentinel

Benefits of whole life insurance everyone should know | CBS News


Thanks to Ian, we’re all going to pay more for insurance next year

Orlando Sentinel USA Business October 16, 2022

thumbnailHurricane Ian didn’t break Florida’s property insurance market. Insurers have the capacity to pay claims from the storm, which struck Southwest Florida last month as a Category 4 hurricane that destroyed hundreds of structures and killed more than 100 people. Losses... + más

Benefits of whole life insurance everyone should know | CBS News

Pet insurance: How it works and what it costs | CBS News


Our Views: The growing frequency of monster storms threatens our Gulf communities

The Advocate USA Opinion October 02, 2022

thumbnailThe good people of Florida were suffering, and Hurricane Ian wasn’t even through with the southeastern states of the Atlantic coast as it trashed its way through central Florida back into the ocean.We know their pain. In fact, just about everyone who lives anywhere on the... + más

Sun Unleashes Series of Huge Solar Flares Sending Storms Racing at Earth | Newsweek

Climate Change is Helping to Rapidly Turbocharge Storms Like Hurricane Ian | Time



About iurex | Privacy Policy | Disclaimer |