The Latest Breaking News from Mark Friedlander

Flooding is separate from typical US home insurance and many homeowners are not adequately covered

A week after Hurricane Helene overwhelmed the Southeastern U.S., homeowners hit the hardest are grappling with how they could possibly pay for the flood damage from one of the deadliest storms in recent history to hit the mainland

"Just in the last 18 months, 15 companies have stopped writing [insurance] business in Florida"

The threat of climate change-related disasters is a large factor driving up consumer costs and putting insurers out of business.

An article in the New York Times published earlier this week predicted flood insurance rates in flood-prone areas will soon quadruple. Mark Friedlander, the Director of Corporate Communications at the Insurance Information Institute, said that will not happen ...

Apparently not all Florida-regulated property insurance companies are too financially troubled to take on new customers.

WILBUR-BY-THE-SEA, Fla. — Kate Rose stays awake at night thinking about her family’s oceanfront home perched perilously on the edge of the eroded shoreline.

The increasing risk of wildfires in Colorado is driving insurance carriers to raise premiums on homeowners’ policies — if they decide to insure them at all — and now the state’s insurance chief is suggesting a publicly funded pool of money be established to provide property insurance for those who…

Hurricane Ian didn’t break Florida’s property insurance market.