Florida insurance companies dropping 50K home insurance customers

News Source: CBS12 News Author: Lexi Nahl Date: May 18, 2021 Click the link to watch the full video.  BOCA RATON, Fla. (CBS12) — Three major Florida-based insurance companies will be dropping tens of thousands of customers as hurricane season approaches. The companies, Universal Insurance Co. of North America (UICNA), Gulfstream Property & Casualty, and Southern…

As hurricane season approaches, three insurers are canceling thousands of Florida customers

  News Source: South Florida Sun Sentinel Author: Ron Hurtibise Date: May 17, 2021 As insurers continue to bemoan heavy claims losses and litigation costs in South and Central Florida, state insurance regulators are allowing three companies to cancel or not renew thousands of policies, forcing those jilted customers to find new coverage weeks before hurricane…

FEMA Unveils New Flood Insurance Calculation

News Provided By: The Hill Article Author: Rachel Frazin Date: April 1, 2021 The Federal Emergency Management Agency (FEMA) on Thursday unveiled changes to the National Flood Insurance Program that it says will be aimed at being more equitable. A fact sheet from the agency said that it will be able to do this by…