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Cate Deventer. April 22, 2024 at 8:00 AM. In 2022, the Florida home insurance market spent months tumbling toward collapse, but legislation was put in place to help mitigate disaster. These laws ...
Alaska, Connecticut, Florida, Hawaii, Louisiana, Mississippi, Nevada, Puerto Rico, South Dakota, Utah, and Wyoming initially joined NIMA. At that time, those states represented 21.6% of the surplus lines market (based on 2009 data). On April 28, 2016, NIMA's board voted to dissolve NIMA. Eligibility requirements
Citizens Property Insurance Corporation (Citizens) was created in 2002 from the merger of two other entities to provide both windstorm coverage and general property insurance for home-owners who could not obtain insurance elsewhere. It was established by the Florida Legislature in Chapter 627.351 (6) Florida Statutes as a not-for-profit insurer ...
Insurance, generally, is a contract in which the insurer agrees to compensate or indemnify another party (the insured, the policyholder or a beneficiary) for specified loss or damage to a specified thing (e.g., an item, property or life) from certain perils or risks in exchange for a fee (the insurance premium). [2]
Florida’s state insurance of last resort, known as the Citizens Property Insurance Corp., has become the largest property insurer there, adding about 11,000 new policies in the last two weeks ...
Taxes play a big role in Americans' moving decisions. According to the U.S. Census Bureau, 365,205 people moved to Florida between July 1, 2022, and July 1, 2023. Meanwhile, California lost 75,423...
First Works Baptist Church (of El Monte, California) (2021, 2022, 2023) Florida Family Policy Council (2023) Friendship Assembly of God Church (2015) Frontline Policy Council (2023) Gays Against Groomers (2023)
May 24, 2024 at 9:33 PM. By Clark Mindock. (Reuters) -Two chemical and plastics industry groups each filed a lawsuit against California Attorney General Rob Bonta on Friday, seeking to block his ...