Insurance

The Department of Financial Services is hosting three Insurance Villages January 23 through January 28 in Punta Gorda, Englewood and Fort Myers

They're now the law. Governor Ron DeSantis came to Fort Myers Beach Friday to sign hurricane relief and property insurance bills, just passed by the Republican-controlled legislature. He also directed his administration to provide people with travel trailers as temporary housing in hurricane-damaged areas, despite lack of approval from the federal government.

The Federal Emergency Management Agency said it will cover vessels damaged by Hurricane Ian if they were liveaboards and the proper proof can be shown.

Karen Moore, publisher of "Southwest Florida Business Today," talked with a Naples-based attorney who specializes in hurricane insurance and recovery.

Sanibel Island took a direct hit when Hurricane Ian made landfall two weeks ago. It was about 10 days before any residents were able to make it back to the island, but efforts are now underway to begin the process of removing the contents of water-soaked homes that experienced up to 12-feet of storm surge in some areas. And, the process is also underway to begin filing insurance claims. We get a glimpse into the issues around insurance that barrier island residents like those on Sanibel are facing right now with Chris Heidrick, he is Agency Principal at Heidrick & Co. Insurance on Sanibel Island.

A financial ratings agency says an analysis indicates insured losses from Hurricane Ian could range from $25 billion to $40 billion, putting additional pressure on Florida’s troubled property-insurance market.

En español:- Propuestas de ley sobre seguro de propiedad, no se aprueban en la sesión legislativa de 2022 - No más pruebas estandarizadas para los estudiantes a partir del próximo año escolar, las escuelas públicas estatales cambiarán a un sistema de monitoreo de progreso -Lipman Family Farms está organizando una Carrera de Mochilas para recaudar dinero para su entrega anual de útiles escolares a la comunidad de Immokalee.This week we talk about:- Property insurance bills fail to pass in the 2022 legislative session- No more standardized testing for students starting next school year, state public schools will be switching to a progress monitoring system-Lipman Family Farms is hosting a 5K Run For Backpacks to raise money for their annual school supplies giveaway to the Immokalee community.

Governor Ron DeSantis signed a property insurance reform bill into law, June 11, following a roundtable discussion in Sarasota. Supporters of the measure say it will drive down property insurance rates in the long run, but opponents argue it will do just the opposite as well as make it easier for insurance companies to deny claims.

Rate changes would vary, with owners of condos and mobile homes seeing a larger increase.

The Florida Office of Insurance Regulation has approved new rates for Citizens Property Insurance Corp. customers that will increase average rates for...