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Insurance Crisis in Florida

Recovery Diva

From Newsweek: Florida’s Insurance Crisis Just Got Worse [link] Florida’s insurance saga is deepening as more than 115,000 homeowners in the southwest portion of the state, still reeling from the destruction wrought by Hurricane Ian in 2022, are facing new challenges with a 25 percent increase in flood insurance rates.

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Changes Continue in Cyber Insurance

Pure Storage

Changes Continue in Cyber Insurance by Pure Storage Blog An ounce of prevention is worth a pound of cure certainly applies to physical health. Prevention begins with having a robust cybersecurity plan in place, along with sufficient insurance to manage risk. In 2010, cyber insurance premiums totaled a mere $600,000.

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Disaster Insurance Article

Recovery Diva

From HSNW: Why Insurance Companies Are Pulling Out of California and Florida, and How to Fix Some of the Underlying Problems. Author is Prof. Melanie Gall of ASU.

Insurance 100
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Disaster Zone Podcast: Litigating Insurance Claims After a Disaster

Disaster Zone

Understand that insurance companies are "for profit."

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How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM

LogisManager

How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM Last Updated: March 7, 2024 What are the NAIC Strategic Priorities for 2024? The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization for the state-based insurance regulatory system.

Insurance 104
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An Insurance Debacle is coming to Florida Homeowners

Disaster Zone

No insurance and no flood insurance will sink many people.

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Flood Insurance Payout for H. Ian

Recovery Diva

Billion in Hurricane Ian Flood Insurance Claims Payments. 10, the National Flood Insurance Program (NFIP) has received more than 44,000 flood claims from Hurricane Ian and has paid nearly $437 million to policyholders. From hstoday: FEMA Projects Up to $5.3

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