property insurance in Florida News

Everglades Restoration Aims to Protect Florida Keys, Water, State Economy

ISLAMORADA, Fla. (AP) — The Everglades is more than just swamps, fan boats and alligators — and restoration efforts impact more than the land between Florida’s east and west coasts. Florida Bay, a body of water located between the southern …

MLB’s Rays Bail on Deal for New Ballpark in St. Petersburg

The Tampa Bay Rays are backing out of a deal to build a new $1.37 billion stadium in St. Petersburg, Florida, the team announced on Thursday. The Major League Baseball team was expected to partner with the city and Pinellas …

Florida Bill Barring Citizens Coverage for Noncompliant Condos Passes Committee

A Florida House bill that would bar Citizens Property Insurance Corp. from writing condominium properties that haven’t complied with inspection deadlines passed its first hurdle this week. But the measure has been questioned by some as unnecessary and potentially detrimental …

After Breakup With Spring Breakers, Miami Beach Says No to Getting Back Together

MIAMI BEACH, Fla. (AP) — Miami Beach broke up with spring break last year and city leaders still aren’t interested in couples counseling. Officials recently announced they were bringing back enhanced security measures for practically the entire month of March, …

Palm Beach Revolt Forces Sylvester Stallone to Abandon Mansion Sea Barrier

In his movies, Sylvester Stallone has taken on drug cartels, Soviet troops and boxer Apollo Creed. But in real life, he had to beat a retreat against the Palm Beach Town Council. The movie star appeared Thursday before the council …

Will People Leave Florida After Hurricanes? History Suggests Not

ORLANDO, Fla. (AP) — The news rippled through Treasure Island, Florida, almost like a third storm: The mayor planned to move off the barrier island a month after Hurricane Helene flooded tens of thousands of homes along the Gulf Coast …

4.0 Earthquake Felt off Florida’s East Coast

Along with hurricanes and litigation, Floridians and their insurers can now add another potential concern: earthquakes. The National Weather Service reported that a 4.0 magnitude temblor, one of the largest recorded in the state, was felt off Florida’s east coast …

Florida Bill Would Require Option of Policies That Cover Only Unpaid Mortgage Amount

Ahead of Florida’s 2024 legislative session that begins Jan. 9, at least a dozen bills have been filed that could have an impact on the state’s insureds and insurers. It’s a sign that lawmakers are under renewed pressure to take …

Latin American Wealth Flocking to Miami, Boosting Real Estate Investments

Latin America’s wealthiest investors are taking their fortunes to Miami at one of the fastest clips in history, with some fleeing regional turmoil and others lured by yields higher than they can find at home. For JPMorgan Chase & Co. …

Is Mar-a-Lago Worth $1 Billion? Valuations at the Core of Trump’s Fraud Trial

FORT LAUDERDALE, Fla. (AP) — How much is Donald Trump`s Mar-a-Lago worth? That`s been a point of contention after a New York judge ruled that the former president exaggerated the Florida property`s value when he said it`s worth at least …