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The Latest Breaking News from Michael Peltier

Property insurance fraud investigations and arrests are up but they’re still a drop in bucket

If you want to know why insurance companies often take adversarial positions toward homeowner claims, look no further than the number of fraud cases investigated each year.

Tribune News Service · Jun 27, 2023

Florida flood insurance costs are about to explode. ZIP codes closest to the coast will pay the most

Events of the past year have convinced more Florida homeowners of the need to carry flood insurance.

Tribune News Service · May 22, 2023

Central Florida homes on state-run Citizens Insurance shoot up by 159%

Jeremy Seghers didn’t have much of a choice about moving his home insurance to the state-run insurer of last resort, Citizens Property Insurance. His broker explained it was the only policy he could get after his previous company, Southern Fidelity Insurance, was liquidated by the state last year.

Orlando Sentinel · Mar 10, 2023

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Thanks to Ian, Floridians will pay more for insurance next year

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

Tribune News Service · Oct 17, 2022

Hurricane Ian rapidly weakens to Category 2 storm; Florida still battered by ‘catastrophic’ surge

MIAMI — Hurricane Ian is quickly weakening as it treks up toward Central Florida, downgrading to a Category 2 — marking the beginning of the end for the historic storm that crashed ashore near Punta Gorda with 150 mph winds just hours earlier.

Miami Herald · Sep 29, 2022

Hurricane Ian weakens to Category 3, but still hammers Florida with ‘catastrophic’ winds, surge

MIAMI — After days of anxious waiting and preparation, Hurricane Ian weakened to a Category 3 just hours after crashing ashore near Punta Gorda with “catastrophic” winds — marking the beginning of the end for the historic storm.

Miami Herald · Sep 29, 2022

Rescue calls pour in as Hurricane Ian batters Florida with ‘catastrophic’ winds and surge

MIAMI — After days of anxious waiting and preparation, Category 4 Hurricane Ian crashed ashore near Punta Gorda on Wednesday afternoon, slamming southwest Florida with “catastrophic” 150 mph winds, driving rain and a dozen feet of storm surge.

Miami Herald · Sep 29, 2022

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Will fight over property insurance roil Florida governor’s race? - Roll Call

A crisis in property insurance could upset GOP Gov. Ron DeSantis' presidential ambitions as Democratic Rep. Charlie Crist looks to oust him.

Roll Call · Aug 4, 2022

Grim new developments reveal more trouble in Florida home insurance market

Florida’s home insurance availability crisis continues to claim new victims, and worries are mounting that more companies could be declared insolvent as this year’s hurricane season draws near.

Tribune News Service · Mar 29, 2022

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