The Florida insurance industry is in a state of crisis. Over the past year and a half, 15 Florida insurers placed moratoriums on writing new business in most counties. Seven were declared insolvent. Then, earlier this week Farmers Insurance notified policy holders that the company is pulling out of Florida altogether. WGCU’s Eileen Kelley brings us this not so welcoming news.
As you just heard, Farmers is the latest insurance company to announce it’s pulling out of Florida. The moves leaves tens of thousands of customers facing the daunting task of finding new carriers. Lynn Hatter reports it’s the latest blow to Florida’s already damaged property insurance market.
Borrowing costs may be rising again. We’ll know more when the Federal Reserve meets later this month. Inflation is now higher in Florida than anywhere else in the country, and that’s being driven by the state’s big metro areas. WLRN's Tom Hudson has more.
That was Federal Reserve Bank of Atlanta President Raphael Bostic (BAHSS-tick) speaking with WLRN's Tom Hudson.
Throughout the first half of the year, communities across Florida have received hundreds of millions of dollars in federal funding to expand access to high-speed internet. As Valerie Crowder reports, projects are getting started as more federal funding is on its way to the state…
More than 100 Floridians recently walked across the stage at Camp Blanding, signifying their completion of the state’s newly revived State Guard boot camp. That’s something Florida has not seen since the 1940s. Gov. Ron DeSantis has touted the state guard move as historical, yet as Adrian Andrews reports, one former military officer says state militias have a dark past that should not be overlooked.
A study that tracks maternal mortality data spanning the last two decades shows increases across the board and a significant increase in the deaths of American Indian and Alaskan native women. Regan McCarthy spoke with a researcher about what those numbers look like in Florida.