MORNING WHEN IT COMES TO HOMEOWNERS INSURANCE EXPERTS SAY THE MARKET HERE IN FLORIDA IS STABILIZING. STILLERNOR DESANTIS SAYS WARNING OF ANOTHER STORM HITS OUR STATE CITIZENS MODEL AND COSTE THE TAXPAYERS A WHOLE LOT OF MONEY .AND DAVID BEPORTER ANDREA LYON IS LIVE IN SAINT PETE THIS MORNING WITH MORE ON WHAT THE GOVERNOR HAD TO SAY ABOUT CITIZENS INSURANCE. PLUS WHAT'S BEING DONE ABOUT IT RIGHT NOW. GOOD MORNING, ANDREA. GOOD MORNING, CAITLIN AND JAMISON, WE'RE TALKING ABOUT A C INTERVIEW WITH THE GOVERNOR THERE CALLING THE HOUSING MARKET THE INSURANCE CRISIS HERE DEVASTATING AND THE GOVERNOR DID NOT DENY THAT. OURE HAD HERE SINCE 2017 PLUS THE GEL INFLATION THAT'S IMPACTING THOSE CONSTRUCTION COSTS. BUT WE DO HAVE SOME WELCOME NEWS NOW SEVEN COMPANIES MOVING INTO FLORIDA OFFLOADING HUNDR OF THOSE CITIZENS INSURANCE POLICIES. ABOUT 30% OF THOSE POLICIES FROM C WILL ACTUALLY BE ABLE TO OFFERER RATES TO THOSE PEOPLE. NO ONE THOUGHT THAT WAS POSSIBLE. THOSE NEW COMPANIES ARE EXPECTED TO INJECT $1.25 BILLION OF NEW CAPITAL INTO FLORIDA. THE MAIN GOAL HERE TO STABILIZE OUR STATE'S HOUSING INSURANCE MARKET BUT THE WORK HERE IS NOT DONE. THE GOVERNOR ALSO SHARING THAT CITIZENS INSURANCE COULD EASILY RUN OUT OF MONEY IF ANOTHER MAJURRICANE WERE TO HIT FLORIDA ANY TIME SOON WHICH WOULD IN TURN COST ALL OF US A LOT CASH TO BAIL THEM OUT IF THAT EVENT HAPPENS. HAS THE RIGHT TO ASSESS CURRENT POLICYHOLDER AS WELL AS NONCITIZEN POLICYHOLDERS CAN BE ASSESSED FOR DAMAGES THAT IS RUNNING OUT OF COURSUT BOTH THE GOVERNOR THIS OF COURSE IS THORST CASE SCENARIO BUT BOTH THE GOVERNOR AND INSURANCE BROKER SAY WE ARE TRENDING IN THE RIGHT DIRECTION. AND CAITLIN, THE STATE OF FLORIDA AND WE ARE COUNTING THE DAYS TIL HURRICANE SEASON AND AS WE'VE SAID JUST ONE BIG STORM AWAY FROM WHAT COULD BE A DISASTER. ANY IDEA IF PRICES WILL CONTINUE TO RISE? WELL LISTEN AGAIN TO THIS INFORMATION FROM AN INSURER AND INSURANCE BROKER LOCALLY. SAYS, YOU KNOW, THE PRICES HAVE GONE UP BECAUSE OF THAT GENERAL INFLATIONTHEY WILL STABILIZE. THEY'RE EXPECTING THAT. BUT UNFORTUNATELY THOSE PRICES NOT EXPECTED TO GO DOWN ANY TIME SOON. LIVE IN SAINT PETERSBURG. ANDRE LYON TEN TAMPABAY WELL WITH JUST OVER A WEEK LEFT IN THE LEGISLATIVE SESSION LAWMAKERS THEY ARE CONSIDERING DOZENS OF BILLS TODAY AND JUST HOURS HOUSE MEMBERS WILL CONSIDER A BILL THAT WOULD LOWER THE AGE TO BUY A GUN F 21 TO 18. AND RIGHT NOW FEDERAL LAW PREVENTS ANYONE UNDER 21 FROM BUYING A HANDGUN. LAWMAKERS WILL ALSO CONSIDER A BILL THAT WOULD REQUIRE SOMEBODY TO LIST HER BIOLOGICAL SEX ON STATE ISSUED IDS. MEMBERS OF THE TRANSGENDER COMMUNITY SAY THAT BILL TARGETS THEM. THE HOUSE IS ALSO EXPECTED TO PASS A PROPOSAL TO CREATE THE MY SAY FLORIDANDOMINH WOULD BE SIMILAR TO THE CURRENT MY SAFE HOME PROGRAM FOR HURRICANE HARDENING. ALSO IN THE LEGTURE RIGHT NOW HOUSE LAWMAKERS PASS SEVERAL BILLS INCLUDING ONE TO PREVENT AIR USE IN POLITICAL ADS. ANOTHER TO INCLUDE SKIN CANCER SCREENINGS IN STATE HEALTH PLANS. FLO HAS ONE O THE HIGHEST NUMBER OF MELANOMA PATIENTS HERE IN THE NATION. THOSE BILLS NOW HEAD TO THE SENATE. MEANWHILE, SENATORS PASSED A PROGRAM TO WAIVE SOME COLLEGE FEES FOR HIGH SCHOOL DROPOUTS. THAT BILL IS NOW GOING TO THE HOUSE. NOW ONE TAMPA BAY SPORTS ALL RIGHT. WITH 21 GAMES LEFT IN THESEASONE TAMPA BAY LIGHTNING RIGHT NOW. YEAH, ABSOLUTELY. WHICH IS WHY WE'RE HAPPY TO SEE THEM HOME FOR THE NEXT TWO WEEKS AND THSPORTS DIRECTOR EVAN COFFFEE EXPLAINS. MAYBE A FRANCHISE RECORD IS TOP IN THE PROCESS. THIS IS A CRUCIAL FIVE GAME HOMESTAND STARTING TONIGHT FOR THE TAMPA BAY LIGHTNING.NDON HAGEL ENTERS ACTION RIDING A 14 GAME POINT THREE AND HE'S HOPING AT THE END OF THE STRETCH INSIDE AMALIE ARENA HE WILL HE NEW RECORD HOLDER AT 19 GAMES IF HE GETS IT DONE HELP TO PASS HIS TEAMMATES STEVEN STAMKOS WHO S DOWN THE CURRENT MARK AT 18. HAGELH POINTS SINCE JANUARY 1ST WHICH PUTS HIM BEHIND CONNOR MCDAVID FOR ONE OF THE TOP MARK IN THE LEAGUE WHILE JOHN COOPER SAI NIKITA KUCHEROV IS THE MVP OF THIS TEAM, HE ALSO SAID YOU'D BE HARD PRESSED TO NOT CONSIDER HAGEL NUMBER TWO THE PUCK DROPS AGAINST SABERS AT 7:00. AND REMEMBER OUR FIRST EPISODE OF THE BREAKAWAY STARTS SATURDAY RIGHT HERE ON TAMPABAY AT 730 AND 1030 IN THE MORNING. DAVID
Form 10-K December 31, 2023
Can You Help? A1AA seeks volunteer HICAP counselors
Advisor News
- Equitable launches 403(b) pooled employer plan to support nonprofits
- Financial FOMO is quietly straining relationships
- GDP growth to rebound in 2027-2029; markets to see more volatility in 2026
- Health-related costs are the greatest threat to retirement security
- Social Security literacy is crucial for advisors
More Advisor NewsAnnuity News
- Agam Capital Announces the Continued Growth of Agam ISAC’s Bermuda Platform
- Best’s Special Report: Analysis Shows Drastic Shift in Life Insurance Reserves Toward Annuity Products, and a Slide in Credit Quality
- MetLife to Announce First Quarter 2026 Results
- CT commissioner: 70% of policyholders covered in PHL liquidation plan
- ‘I get confused:’ Regulators ponder increasing illustration complexities
More Annuity NewsHealth/Employee Benefits News
- Cost pressures are driving health care tradeoffs
- Clash of Titans: Hawai'i's Healthcare Leaders Disagree on Best Path Forward
- Insurance resolution sparks backlash
- Municipalities contend with surprise bills as health costs rise
- Health care in America should be redesigned
Op-ed: We should redesign health care in America. Here's a plan that would help Nebraskans (copy)
More Health/Employee Benefits NewsLife Insurance News
- AI won’t solve the workforce crisis; here’s what will
- Agam Capital Announces the Continued Growth of Agam ISAC’s Bermuda Platform
- An Application for the Trademark “PREMIER ACCESS” Has Been Filed by The Guardian Life Insurance Company of America: The Guardian Life Insurance Company of America
- AM Best Assigns Credit Ratings to North American Fire & General Insurance Company Limited and North American Life Insurance Company Limited
- Supporting the ‘better late than never’ market with life insurance
More Life Insurance News