Tag: Florida

Health insurance through Florida KidCare program receives more attention

Dan
Children’s Health Insurance Program

Sacred Heart raises awareness for KidCare health insurance program Florida’s Sacred Heart Children’s Hospital has launched a new campaign to raise awareness for the Florida KidCare health insurance program. The federally-funded program offers health insurance coverage to those below the age of 19. According to Sacred Heart, the program has seen relatively low usage over the past few years due to consumers thinking that their children are not eligible for the coverage it provides. The organization is keen to see enrollment in the program grow in order to ensure that…

Read More

Homeowners insurance market continues to shift as Florida’s Citizens takes more aggressive action

S.Vagus
Florida homeowners insurance, Citizens Property

Citizens Property Insurance causes shift in homeowners insurance market Florida’s Citizens Property Insurance has been facing serious financial problems that have also attracted a great deal of criticism to the state-run organization. Florida lawmakers have been pressuring the insurer to resolve many of its own issues, which has lead to a shift in the state’s homeowners insurance market as the insurer sheds policies and these policies are taken up by private homeowners insurance companies. Now, Citizens making a move to increase its hurricane coverage this year in the hopes of…

Read More

Homeowners insurance depopulation continues for Citizens

Marc
Florida Homeowners Insurance

Florida-run insurer continues to let go of homeowners insurance policies Florida’s Citizens Property Insurance continues to face significant challenges. The state-run organization has been one of the best, if not the only, places to find affordable homeowners insurance coverage for many Florida residents, especially those living near the coast. Over the past few years, the insurer has been grappling with dubious financial issues that have threatened to make it insolvent. Ordered to address this issue aggressively, the insurer has been actively depopulating itself of policies. 31,000 policies to be taken…

Read More

Half of US opts out of health insurance exchanges

Logan B.
health insurance market stability

Half the country decides not to run health insurance exchanges The U.S. Department of Health and Human Services has announced that the federal government will officially be operating health insurance exchanges in approximately half the states in the country. These exchanges are part of the Affordable Care Act, the federal health care law that has been very unpopular in some states. These states have shown continued opposition to the federal law, suggesting that it violates people’s constitutional rights and claiming that it will have a catastrophic impact on the nation’s…

Read More

Homeowners insurance may become more expensive in Florida

Nordstrom
Homeowners Insurance Florida

Homeowners insurance in Florida facing major changes due to new legislation Florida’s Citizens Property Insurance, a state-run organization that offers homeowners insurance coverage throughout the state, has been laboring under the weight of significant financial problems for the past few years. Last year, the state-run company was tasked by Florida lawmakers to make drastic changes to its business structure in order to overcome its financial challenges. The number of policies represented by the insurer and the premiums associated with these policies have been the major focus on this restructuring. A…

Read More