Florida Homeowners Face Spike in Insurance Renewals

Source: Insurance Business Magazine Author: Lyle Adriano Date: August 9, 2021 Those looking to renew their homeowners’ insurance in Florida are being blindsided by significant premium increases, as the insurance situation in the state grows complicated. According to Dulce Suarez-Resnick, who has 30 years of insurance industry experience, Florida homeowners are, on average, seeing their insurance premiums surge…

The Surfside condo that collapsed was vulnerable to sinking earth, engineers say. Your house might be too.

Source: South Florida Sun Sentinel Authors: Mario Ariza and David Fleshler Date: August 7, 2021 Just days after the collapse of the condo tower in Surfside, an obscure study emerged that the building had been sinking into the earth for years. It remains unclear whether the settling, or subsidence, of Champlain Towers South was a factor when the 12-story…