SoFla real estate deals on hold: Insurers delay closings ahead of Hurricane Dorian
Hurricane Dorian is putting real estate deals in a holding pattern as it approaches South Florida. Insurance companies hold...
insurance
Citizens Property Insurance pulls back on rate hikes
In some rare good news for South Florida homeowners, the state’s property insurer said it will scale back on...
Tech-driven insurer Lemonade set to expand into Europe
A company that started selling renters’ insurance in New York, then expanded nationwide, is set to start operating outside...
“No one should be lending for 30 years in most of Florida,” financial climate analyst warns
Real estate lenders and investors are ignoring the rising threat that climate change poses in Florida, which could spell disaster for the state’s economy,...
Insurance premiums could rise as more extreme storms hit coastal markets
It’s no secret that coastal homes are becoming more vulnerable to extreme weather and other effects of climate change....
Rental insurance startup Jetty raises $25M in Series B
The rental insurance startup Jetty has raised $25 million in a Series B funding round led by Khosla Ventures’...
Reinsurers want rates raised after natural disasters tally billions in real estate damage
Miami has been hit with hurricanes and Los Angeles has endured devastating wildfires. Those are just two cities that...
Scott requests to freeze property insurance rates following Hurricane Michael
Florida Gov. Rick Scott is seeking to keep insurance property rates steady in the wake of the damages caused...
As more property insurers turn to AI and drones, flaws emerge
As South Florida braces for hurricane season and as wildfires devastate California, property insurers are increasingly using aerial technology...
Palm Beach condo loses hurricane insurance fight
A Palm Beach County condominium association lost a court battle over a $5 million insurance payout for hurricane damage. Boca...
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