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Florida's Event Planners Navigate New Insurance Market Reality

Florida's Event Planners Navigate New Insurance Market Reality
insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.

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Ida is already one of history's most expensive storms. Here's how it will affect your insurance rates

Ida is already one of history's most expensive storms. Here's how it will affect your insurance rates
orlandosentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orlandosentinel.com Daily Mail and Mail on Sunday newspapers.

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Engineers say collapsed condo was vulnerable to sinking earth; your house may be too

Engineers say collapsed condo was vulnerable to sinking earth; your house may be too
orlandosentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orlandosentinel.com Daily Mail and Mail on Sunday newspapers.

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Surfside collapsed condo was sinking. Your house might be too. - South Florida Sun-Sentinel

Just days after the collapse of the condo tower in Surfside, a little-known study emerged that the building had been sinking for years. The phenomena known as subsidence damages houses from Key West to Palm Beach. When it takes place unevenly, with one side of a building settling faster than the other, it can crack floors, distort window frames and generate lawsuits over insurance coverage. ....

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Insurance Coverage Could Help Some Recent Evacuees

For those impacted by evacuations, it can be an inconvenience at an unexpected time.
“Mandatory evacuations are covered, voluntary evacuations typically are not covered,”
Mark Friedlander said.
Friedlander is with the Insurance Information Institute. He says insurance coverage could help during government-issued mandatory evacuations.
“They most likely would be entitled to loss of use funds, because they are being mandated to vacate their properties for an unknown period, that would be covered under a loss of use provision in your condo owners insurance policy,” Friedlander said.
You want to look for what’s known as “loss of use/additional living expense coverage.” It can be a component of a homeowner s, condo, or renter’s insurance policy. ....

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