_senate-committee-hearing-explores-climate-change39s-impact-on-florida39s-insurance-crisis-as-homeowners-suffer-amid-prop.jpg "Senate Committee Hearing Explores Climate Change's Impact on Florida's Insurance Crisis as Homeowners Suffer Amid Property Insurance Crisis from brishti rate arnob Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 305K times
✓ Published: 07-Jun-2024
👁 View: 305K times
✓ Published: 07-Jun-2024
Description:
Florida homeowners have faced skyrocketing insurance premiums, dropped policies from insurers, and battles over storm claims in recent years due to the state's property insurance crisis. A Senate committee hearing was held in Washington, D.C., to discuss the role of climate change in Florida's crisis and how it could foreshadow problems for homeowners nationwide. Witnesses testified that many Florida insurers are financially weaker than their ratings indicate. They said the state lacks comprehensive data on insurance policies, claims, and costs to determine the true drivers of rising rates.
Florida homeowners have faced skyrocketing insurance premiums, dropped policies from insurers, and battles over storm claims in recent years due to the state's property insurance crisis. A Senate committee hearing was held in Washington, D.C., to discuss the role of climate change in Florida's crisis and how it could foreshadow problems for homeowners nationwide. Witnesses testified that many Florida insurers are financially weaker than their ratings indicate. They said the state lacks comprehensive data on insurance policies, claims, and costs to determine the true drivers of rising rates.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_onek-kore-pabo.webp "Release - Topic")
_ev-road-tax-fees-in-2026-to-be-about-85-lower-than-present-rate-says-loke.webp "Electric vehicle (EV) owners will enjoy a reduction of up to 85% in road tax fees once the tax holiday ends on Dec 31 next year, says Anthony Loke.<br/><br/>The Transport Minister said the new road tax structure will cover both pure battery electric vehicles (PBEV) and fuel cell electric vehicles (FCEV) and come into effect on Jan 1, 2026.<br/><br/>Read more at https://tinyurl.com/mvncbjma <br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_onek-kore-pabo-124-rono-mojumder.webp "Rono Mojumder")
_bhalobasha-tarpor.webp "Arnob")
_124-narendra-modi-oath-124-independent-tv.webp "Independent Television")
⏲ 8 minutes 38 seconds 👁 32.1K
_.webp "Mr. u0026 Mrs. Fahim Khan")
⏲ 20 minutes 18 seconds 👁 12.7K
_what-are-high-yield-savings-accounts.webp "A high-yield savings account is essentially the same as a traditional savings account with one key difference — high-yield savings accounts pay a higher than average APY on deposits. An APY, or annual percentage yield, is the amount of interest earned on an account in one year. The APY for high-yield savings accounts can be anywhere from 3% to over 5% — much higher than that of a traditional account. <br/><br/>Savings rates have been on the rise following a series of interest rate hikes by the Federal Reserve, as the central bank has sought to reduce inflation. The Fed opted to raise rates at the last meeting, raising the federal funds rate, a key bank lending rate, to a target range of 5.25%-5.50%. Experts believe that the Fed may raise rates again at the next meeting. Higher interest rates could potentially increase savings rates further, so many recommend locking in rates now while they're on the rise. Over time, rates will decrease as inflation cools.<br/><br/>Since the rate of return on high yield savings accounts is better than that of traditional savings accounts, you'll be able to accrue more cash over time. You can use our tool, in partnership with Bankrate, to compare savings rates today.")
_.webp "Riasad Azim")
_onek-kore-pabo.jpg)
_ev-road-tax-fees-in-2026-to-be-about-85-lower-than-present-rate-says-loke.jpg)
_onek-kore-pabo-124-rono-mojumder.jpg)
_bhalobasha-tarpor.jpg)
_124-narendra-modi-oath-124-independent-tv.jpg)
_.jpg)
_what-are-high-yield-savings-accounts.jpg)
_.jpg)
![[+]](/images/menu.gif){kind=small}