Florida Hurricane Fund Reform Could Save Insurance Customers $1B Yearly, Backers Say

A hurricane on earth viewed from space. This is a rendered image.

Florida home insurance customers could get a substantial break from rising rates — saving about $150 a year — if they no longer had to pay into the state’s hurricane insurance reserve fund and if insurance companies could access those reserves more easily — with fewer overall claims losses. Reforms proposed in the state Legislature… Continue reading Florida Hurricane Fund Reform Could Save Insurance Customers $1B Yearly, Backers Say