flood insurance

Citizens Insurance CEO: Rate Hike Due To Spike In Water Claims

Aug 25, 2015
maxstrz / Flickr Creative Commons

A "disturbing" rise in water-damage claims in South Florida is driving Citizens Property Insurance Corp. to seek an average 3.2 percent increase in rates for many homeowners, the president of the state-backed insurer said Tuesday.

  Without the surge in reported residential water damage over the past two years, which is causing the agency to alter its approach to such claims,Citizens would be asking for an average statewide rate decrease, Citizens President and CEO Barry Gilway said during a rate hearing before the Office of Insurance Regulation.

Winning In Keys: School Tax, Building Height Raise

Nov 4, 2014
Nancy Klingener / WLRN

Voters in the Florida Keys Tuesday approved extending a half-cent sales tax for schools for another 10 years. The tax, expected to raise $157 million over the decade, will be used to build and refurbish schools and for technology upgrades.

Voter turnout was 56 percent, according to the Monroe County Supervisor of Elections Office.

Christine DiMattei

In the program room of the Boynton Beach City Library, 80-year-old Harvey Levine is handed a numbered ticket and a form to fill out. He then sits down and waits for his number to be called.

The room is divided into stations marked "Property Look-up," "Insurance Information,"  "Appeals and Comments,"  and "Community Assistance." This is one of several public open houses hosted by the Federal Emergency Management Agency. Levine is here to learn the status of his Lake Worth condo.


More than a third of the policies in the National Flood Insurance Program are held by Floridians. But Florida accounts for just a small percentage of the claims that are paid.

Now the national program is billions of dollars in debt because it hasn’t been charging premiums that match the risk.