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Homeowner files $60K insurance claim after worker's fall causes flood

“I ran upstairs and (water) was just pouring out,” she said. ....

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Florida 'Insurer Of Last Resort' Requests Rate Hike, 1M Policies Expected – InsuranceNewsNet

Citizens Property Insurance Corp., the Florida-run "insurer of last resort," is proposing an across-the-board rate hike of nearly 11%, the highest increase allowed by law. ....

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Citizens Insurance, roof coverage reforms advance in Senate - South Florida Sun-Sentinel

Proposed insurance reforms aimed at reducing costs and preventing insurers from leaving Florida advanced in the state Senate on Wednesday. One proposal would eliminate a requirement for companies to offer full replacement coverage, while another would make it harder to stay in state-owned Citizens Property Insurance Corp. ....

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Florida Hurricane Fund Reform Could Save Insurance Customers $1B Yearly, Backers Say

Florida home insurance customers could get a substantial break from rising rates saving about $150 a year if they no longer had to pay into the state’ s hurricane insurance reserve fund and if insurance companies could access those reserves more easily with fewer overall claims losses. Jeff Brandes, a Pinellas County Republican, could save Florida consumers. ....

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State says it can save $1 billion for insurance customers - South Florida Sun-Sentinel

Could you use an extra $150 a year? Advocates say Florida property insurance consumers could save $750 million to $1 billion a year by tweaking the Florida Hurricane Catastrophe Fund. ....

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