January 21, 2025
RALEIGH. N.C. (AP) — Base rates for North Carolina homeowners’ insurance premiums will increase on average by about 15% by mid-2026 as part of a settlement reached by the state Insurance Department and the industry. The agreement announced Friday by …
April 29, 2024
Florida’s governor has signed two bills that will provide more matching grants for homeowners and condominium associations to fortify properties against the growing threat of windstorms. Senate Bill 7028 will send an additional $200 million to the My Safe Florida …
March 7, 2024
A Florida pilot program to fortify coastal-area condominiums is on its way to the governor but other property insurance bills may have hit a snag after last-minute changes – with just two days left in the legislative session. The state …
December 21, 2023
Tax collectors in more than 30 Florida counties have joined a lawsuit against a home-hardening and energy efficiency program, arguing that it misleads homeowners and saddles them with huge property tax bills. The Florida PACE Funding Agency has pushed back, …
July 7, 2023
The South Carolina Safe Home wind mitigation program has been revised to allow higher grant awards, due to the rising cost of construction materials and labor. The South Carolina Department of Insurance said in a bulletin this week that the …
July 18, 2022
The Alabama Department of Insurance has updated a number of regulations in keeping with the National Association of Insurance Commissioners’ model regulations and recommendations from the Insurance Institute for Business and Home Safety. Some of the rules, which take effect …
June 30, 2022
Some $1.1 million will be made available to South Carolina homeowners for wind mitigation grants starting Friday, July 1, the state Department of Insurance said in a bulletin. Another $1.1 million will be offered in December, if funds are available. …
February 9, 2022
The Alabama House of Representatives has agreed to divert more funding to Strengthen Alabama Homes, a program that fortifies houses and roofs to mitigate wind damage. The House this week approved House Bill 39, sponsored by Rep. Chip Brown and …