According to MarketWatch, most basic home insurance policies in the United State do not suffice for the needs of homeowners. This is especially true of high-value property owners, many of whom have their houses dotting the coastal regions of Florida. In fact, according to the news publication, these homeowners with properties worth $1 million and […]
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RSS feed for this sectionConsumer Groups Seek to Curb the Force-Placed Insurance Menace in Florida
21
May
Harried homeowners in Florida can rejoice in the news that some of the consumer groups in the state have risen up in arms against the menace of force-placed insurance overcharges. The Consumer Federation of America and the Center for Economic Justice intend to appeal to the Florida Insurance Commissioner to investigate the growing menace of […]
Florida Senate Bill Overhauling Citizens Property Insurance Corp. may have Far-Reaching Effects
03
May
The home insurance industry in Florida is staring at some major upheavals. According to the Tampa Bay Times, the Senate has passed a bill that will majorly impact home insurance policy activities of the state-run Citizens Property Insurance Corp. and may have far-reaching effects across diverse groups in the economy. By the Numbers According to […]