Thanks to a broken home-insurance market, a particularly bad hurricane could spread financial fallout throughout the state, leaving residents from Pensacola to Key West paying repair bills for years.
Beset by hurricanes made more severe and more frequent by climate change, as well as rampant fraud and tides of frivolous lawsuits, dozens of insurers in the state have closed up shop or stopped selling new home-insurance policies in recent years (Farmers became the most recent big insurer to pull out of the state in July).
Residents have increasingly turned to Citizens Property Insurance Corporation, a public entity established by the Florida government as the state's so-called insurer of last resort for people unable to find affordable rates from private insurers. But for many, Citizens is becoming the first and only option, especially for those with coastal homes at particular risk from hurricanes. In 2019, Citizens had about 400,000 home insurance policies on its books; today, it has more than 1.3 million, about twice as many as the state's next-largest insurer.
Denne historien er fra September 25, 2023-utgaven av Time.
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Denne historien er fra September 25, 2023-utgaven av Time.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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A Filmmaker's Quest to Unmask Bitcoin's Creator - Who is Bitcoin's founder, Satoshi Nakamoto? the question has perplexed and excited cryptocurrency fans ever since Bitcoin was created by someone with that username in 2009.
Who is Bitcoin’s founder, Satoshi Nakamoto? the question has perplexed and excited cryptocurrency fans ever since Bitcoin was created by someone with that username in 2009.
Unmasking prediabetes - Type 2 diabetes doesn't always arrive with a bang. It can develop slowly but eventually result in marked side effects like extreme thirst and hunger, frequent urination, blurry vision, tingling sensations, and fatigue.
Type 2 diabetes doesn’t always arrive with a bang. It can develop slowly but eventually result in marked side effects like extreme thirst and hunger, frequent urination, blurry vision, tingling sensations, and fatigue.
Animals understand death too - In 2018, field researchers in Uganda came across an unusual sight: a female chimpanzee carrying an infant she had recently given birth to that was affected by albinism, an extremely uncommon condition in this species that gives their fur a striking white color.
In 2018, field researchers in Uganda came across an unusual sight: a female chimpanzee carrying an infant she had recently given birth to that was affected by albinism, an extremely uncommon condition in this species that gives their fur a striking white color.
The Petro State - Colombia's first leftist leader wants to end oil
Last year, Colombian president Gustavo Petro watched in dismay as a political and economic crisis unfolded on the other side of his country’s eastern border. Global powers had imposed sanctions on Venezuela’s oil exports after the country’s autocratic leader, Nicolás Maduro, allegedly A his re-election. As hyperinflation fueled turmoil, millions of refugees poured into Colombia to escape.
Fortress Democracy - Despite efforts at home and abroad to undermine faith in U.S. elections, this year's vote is set to be the most secure and reliable ever. Thank new laws, fail-safes, and courageous election officials
Despite efforts at home and abroad to undermine faith in U.S. elections, this year’s vote is set to be the most secure and reliable ever. Thank new laws, fail-safes, and courageous election officials
The Beauty of Being Alone - There's a lot of fear around spending time alone. Alone time can make people itchy with boredom.
Recent articles and studies warn us about the dangers of loneliness—one 2017 study by Julianne Holt- Lunstad at BYU’s Social Connection and Health Lab claims loneliness is as bad as smoking 15 cigarettes a day. In 2023, U.S. Surgeon General Vivek Murthy published an advisory all about the epidemic of loneliness in America. It details the genuine risks of chronic loneliness, such as increased rates of anxiety and depression, as well as dementia in older adults
What is 'American Malaria' and Are You at Risk? - Few things will leave you feeling quite so icky as returning from a jaunt outside and finding a tick clinging to your skin
Babesiosis, is causing particular concern. The disease is colloquially known as “American malaria,” partly because of its widening spread and partly because of its clinical profile. Like malaria, it can lead to headache, fever, chills, nausea, vomiting, altered mental state, anemia, low blood pressure, respiratory distress, and more.
A strip-club fairy tale with a generous heart
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Fanfare for the gentle man
IN WE LIVE IN TIME, THE ROMANTIC drama whose slow October rollout has swept up moviegoers in a tidal wave of tears, Andrew Garfield plays a divorced man who finds love in a hopeless place.
On fathers, and the limits of forgiveness
IN 2016, TITUS KAPHAR MADE THE Jerome Project, a short documentary in which he confronts how his father’s abuse and drug use harmed his childhood.
