Florida Insurance Claims News (Page 54)

Hurricane Florence, Rising Mortgage Rates Hurt U.S. Homebuilding

U.S. homebuilding dropped more than expected in September as construction activity in the South fell by the most in nearly three years, likely held down by Hurricane Florence.

October 18, 2018 Property Alabama Florida Georgia Louisiana Mississippi

Engineers With Fort Worth-Based Lockheed Martin Top Assess Hurricane Damage To F-22s

Structural engineers from Fort Worth-based Lockheed Martin will head to Tyndall Air Force Base in Panama City, Fla., to assess damage to F-22 Raptors left behind during Hurricane Michael, an Air Force spokeswoman said Tuesday

October 18, 2018 Catastrophe Property Florida

Powerless Victims Of Hurricane Michael Are Now Suffering From Looters

Armed looters are targeting homes and businesses that remain without electricity after being ravaged by Hurricane Michael a week ago. Sheriff’s Maj. Jimmy Stanford said deputies have arrested about 10 looters each night since Florida’s Bay County took a direct hit from the strong Category 4 storm last Wednesday.

October 17, 2018 Property Florida

Recycling Plant Fire Closes A Road And Part Of Metrorail Near Miami Airport

Smoke from a two-alarm fire at a scrap metal recycling plant near Miami International Airport has altered Wednesday morning travel in the area.

October 17, 2018 Property Florida

DOJ Indicts 4 Florida Men In $1B Telemedicine Fraud Conspiracy

Four Florida men were charged in a multistate telemedicine scheme that billed at least $931 million in fraudulent claims to private insurance companies, the Department of Justice said Monday.

October 16, 2018 Fraud Life & Health Florida

Disney Donating $1 Million Toward Hurricane Michael Relief Efforts

In response to the devastation caused by Hurricane Michael in Florida, the Walt Disney Company is donating $1 million toward relief efforts.

October 16, 2018 Catastrophe Property Florida

Among Ruins Of Hurricane Michael Stands A House Built "For The Big One"

As they built their dream house last year on the shimmering sands of the Gulf of Mexico, Russell King and his nephew, Dr. Lebron Lackey, painstakingly documented every detail of the elevated construction, from the 40-foot pilings buried into the ground to the types of screws drilled into the walls.

October 16, 2018 Catastrophe Property Florida

State Freezes Insurance Rates After Hurricane Michael

Gov. Rick Scott on Sunday directed the state’s top insurance regulator to freeze any potential property-insurance rate increases for 90 days as homeowners and businesspeople grapple with massive damage from Hurricane Michael.

October 15, 2018 Catastrophe Property Florida

‘There’s Nothing Left Here Anymore’: Hurricane Michael Leaves Mexico Beach, Florida, In Ruins

Mexico Beach, Florida, is not just destroyed. For the most part, it’s not there anymore. From a helicopter, you can see many of the homes and hotels that populated this beachside town of about 1,200 are gone. A few houses and other structures remain standing, but they’re the exceptions.

October 12, 2018 Catastrophe Property Alabama Florida Georgia Louisiana Mississippi

Hurricane Michael To Test Florida’s Unique Insurance Market

Much of the damage to homes from Hurricane Michael will be paid by an array of small, little-known insurers, backed up by larger reinsurance companies around the globe. Florida is an oddball insurance market for homeowners, where household-name companies like State Farm and Allstate Corp. don’t have the outsize roles they do in other states.

October 12, 2018 Catastrophe Property Alabama Florida Georgia Louisiana Mississippi

CoreLogic Estimates Hurricane Michael Losses Could Top $4.5B; Top 10 Insurers Affected

Hurricane Michael’s torrential rain, storm surge, and hurricane-force maximum sustained winds that reached 140 miles per hour Wednesday could result in a historically devastating event for the northeastern Gulf Coast, according to A.M. Best.

October 12, 2018 Catastrophe Property Alabama Florida Georgia Louisiana Mississippi

FEMA Under Pressure To Respond As Hurricane Michael Wallops Florida

At the headquarters for the Federal Emergency Management Agency (FEMA), a few hundred people are already coordinating the response to Hurricane Michael. "It’s doing exactly what the forecasters were pushing forward — storm surges, you’re seeing the ocean rise," said FEMA Administrator Brock Long.

October 12, 2018 Catastrophe Property Alabama Florida Georgia Louisiana Mississippi

Drone Video: Hurricane Michael Leaves Panama City In Tatters

As Tropical Storm Michael moves through Georgia and into South Carolina, its effects are being seen far and wide across the southern United States.

October 11, 2018 Catastrophe Property Alabama Florida Georgia Louisiana Mississippi

Hurricane Michael Crushes Georgia, Heads Toward The Carolinas

The remnants of Hurricane Michael — the most powerful storm on record to strike Florida’s Panhandle — swept through Georgia on Thursday on a path toward the Carolinas after leaving widespread destruction and at least two deaths in its wake.

October 11, 2018 Catastrophe Property Alabama Florida Georgia Louisiana Mississippi

The Sudden, Shocking Growth Of Hurricane Michael

In little more than a day, a Category 1 storm became a “worst-case scenario” Category 4. The already bad 2018 hurricane season has gotten even worse. On Wednesday afternoon, Hurricane Michael became the second major storm to make landfall this year. Michael is an incredibly dangerous, history-making storm, bringing catastrophic high winds and deadly storm surge to Florida’s Panhandle.

October 11, 2018 Catastrophe Property Alabama Florida Georgia Louisiana Mississippi