Tag: Florida Peninsula

Florida approves 6 new home insurance companies

Logan B.
Insurance companies - Approval - Thumbs Up

The state has been scrambling to unload some of the policies currently carried by Citizens. In the middle of what many people have been calling a coverage crisis, Florida has now approved 6 new home insurance companies in a move to help the insurer of last resort, state-backed Citizens, unload some of its policies. Citizens has been overloaded with policies, having reached record highs in recent months. Insurance companies have been failing in the state and have been choosing to withdraw, have been going bankrupt, or have been deciding to…

Read More

Tropical Storm Andrea to Make Landfall in Northern Florida

Guest Author
Tropical Storm Andrea as of June 7

According to catastrophe modeling firm AIR Worldwide, as of the National Hurricane Center’s 11:00 a.m. advisory, Tropical Storm Andrea is moving northeastward at a speed of 15 mph with maximum sustained winds of 60 mph and some stronger gusts. Tropical storm winds extend outward 140 miles but primarily to the east of the storm’s center. The storm is expected to accelerate and continue on a northeast path later today, making landfall in Florida’s Big Bend. Andrea is not expected to intensify further before making landfall and if forecasts hold AIR…

Read More