property damage

AAA won’t renew “a very small percentage” of homeowners and auto insurance policies in hurricane-wracked Florida, joining other insurers in limiting their exposure in the Sunshine State despite efforts by lawmakers to calm the volatile insurance market, the company said Tuesday.

Former customers of United Property and Casualty who switched to Citizens will get more time to begin hurricane-related repairs.

The Insurance Journal story said that at least two insurers in recent months — one in Lee County and another in Charlotte County — are seeking to eliminate one-way attorney fees.

A soon-to-be-released report will estimate Florida’s agriculture industry sustained about $1.07 billion in damages from Hurricane Ian, with growers of citrus, vegetable and horticultural crops taking the biggest hits from the wind, rains and flooding. But citrus growers think the estimate doesn’t show the full damage from the storm.

Hurricane Ian’s destruction included thousands of vehicles across the area.

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.

With more than 11,000 miles of rivers, coastlines, and waterways, new U.S. Coast Guard data shows Florida leads the nation in boating accidents and…