A program aimed at shrinking billions of dollars in liability from Florida’s state-run insurance company launches Monday, Jan. 27.
Citizens Property Insurance is widely known as Florida’s insurance company of last resort. In actuality, it's become a major player in the insurance marketplace. State lawmakers felt that Citizens’ $500 billion of risk was too much for Floridians to shoulder. So they've been trying to shift policyholders from Citizens into the private market.
Those who are pulled over in Miami-Dade County and can’t show proof of coverage will get a $129 ticket. (It drops to $10 if proof is provided with 30 days that the driver had insurance at the time of the citation.)
David Mermelstein doesn’t have the insurance policy or the policy number. His claim depends entirely on his childhood memory of the blue metal plate that hung on his front door, the proof that those inside were insured by Assicurazioni Generali, the Italian company that catered to the Jewish trade in pre-war Germany.
Like thousands of Holocaust survivors all over the world, Mermelstein, 84, says he is owed benefits by an insurance company for the deaths of family members at the hands of the Nazis.
08/15/13 - Thursday’s Topical Currents begins with a look at SHINE (Serving Health Insurance Needs of Elders) it’s a statewide, volunteer-based program offering free Medicare and health insurance education to people and their caregivers. And more, Linda Gassenheimer speaks with Mandy Baca about her book,
Two months ago, I was forced cancel my windstorm insurance due to the high deductions, meager coverage and exorbitant cost. For the past four years, the insurance lobby has run wild in their insatiable demand for bigger profits for insurance companies already flush with cash.