NewsPronto

 
Men's Weekly

.

USA Conversation

The Conversation USA

The Conversation USA

The big reason Florida insurance companies are failing isn't just hurricane risk – it’s fraud and lawsuits

  • Written by Shahid S. Hamid, Professor of Finance, Florida International University
imageRoofs are an entry point for fraud after storms.Win McNamee/Getty Images

Hurricane Ian’s widespread damage is another disaster for Florida’s already shaky insurance industry. Even though home insurance rates in Florida are nearly triple the national average, insurers have been losing money. Six have failed since January 2022. Now,...

Read more: The big reason Florida insurance companies are failing isn't just hurricane risk – it’s fraud and...

More Articles ...

  1. Women in Antarctica face assault and harassment – and a legacy of exclusion and mistreatment
  2. Why most Muslims – but far from all – celebrate Mawlid, the Prophet Muhammad's birthday
  3. Breast cancer awareness campaigns too often overlook those with metastatic breast cancer – here's how they can do better
  4. Plunging pound and crumbling confidence: How the new UK government stumbled into a political and financial crisis of its own making
  5. What’s next for ancient DNA studies after Nobel Prize honors groundbreaking field of paleogenomics
  6. Recovery from a disaster like Hurricane Ian takes years, and nonprofits play many pivotal roles before and after FEMA aid runs out
  7. Supreme Court grapples with animal welfare in a challenge to a California law requiring pork to be humanely raised
  8. Medical guidelines that embrace the humility of uncertainty could help doctors choose treatments with more research evidence behind them
  9. Biden says the US doesn't want a new Cold War – but there are some reasons it might
  10. Four essential features to seek in an after-school program
  11. Capping Russia's oil profits could keep oil flowing to global markets at a reasonable cost while slashing Putin's war funding
  12. Bandits are losing interest in robbing banks, as some crimes no longer pay
  13. Justice Clarence Thomas and his wife have bolstered conservative causes as he is poised to lead the Supreme Court rolling back more landmark rulings
  14. Hurricane Ian capped 2 weeks of extreme storms around the globe: Here's what's known about how climate change fuels tropical cyclones
  15. Russia has mobilized for war many times before – sometimes it unified the nation, other times it ended in disaster
  16. How Hurricane Ian and other disasters are becoming a growing source of inequality – even among the middle class
  17. Nobel prizes most often go to researchers who defy specialization – winners are creative thinkers who synthesize innovations from varied fields and even hobbies
  18. No, it's not just sugary food that's responsible for poor oral health in America's children, especially in Appalachia
  19. What is déjà vu? Psychologists are exploring this creepy feeling of having already lived through an experience before
  20. Holocaust comparisons are frequent in US politics – and reflect a shallow understanding of the actual genocide and the US response
  21. Defensores indígenas resisten entre los caminos ilegales y la supervivencia de la selva Amazónica – las elecciones pueden ser decisivas
  22. The Supreme Court is back in session, with new controversial cases that stand to change many Americans' lives – here's what to expect
  23. What's a laureate? A classicist explains the word's roots in Ancient Greek victors winning crowns of laurel leaves
  24. Do multimillion-dollar dinosaur auctions erode trust in science?
  25. Trump properties aren't the only ones to see wild valuations – putting a price on real estate isn't straightforward
  26. Summer swimming season may be over, but you can still get swimmer's ear – and you don't even need to go in the water
  27. What is a wetland? An ecologist explains
  28. The term 'achievement gap' fosters a negative view of Black students
  29. Native Americans' decadeslong struggle for control over sacred lands is making progress
  30. Nicaragua has kicked out hundreds of NGOs – even cracking down on Catholic groups like nuns from Mother Teresa's order
  31. Hurricane Ian flooded a hospital and forced evacuations from dozens of nursing homes – many health facilities face rising risks from severe storms
  32. Hurricane Ian flooded a hospital and forced evacuations from dozens of nursing homes – many health facilities face similar risks from severe storms
  33. Why it's such a big deal that Alla Pugacheva, 'the tsarina of Russian pop,' came out against the war in Ukraine
  34. Yom Kippur: What does Judaism actually say about forgiveness?
  35. Yom Kippur is coming soon – what does Judaism actually say about forgiveness?
  36. Russia's energy war: Putin's unpredictable actions and looming sanctions could further disrupt oil and gas markets
  37. Indigenous defenders stand between illegal roads and survival of the Amazon rainforest – Brazil's runoff election could be a turning point
  38. Indigenous defenders stand between illegal roads and survival of the Amazon rainforest – elections in Brazil and Peru could be a turning point
  39. Russia plans to annex parts of Eastern Ukraine – an Eastern European expert explains 3 key things to know about the regions at stake
  40. UN slavery estimate raises question: Are 50 million people really enslaved today?
  41. Butter, garage doors and SUVs: Why shortages remain common 2½ years into the pandemic
  42. Iranian women have been rebelling against restrictions since the Islamic Revolution in 1979 – with renewed hope that protests this time will end differently
  43. Psychedelics researchers balance trippyness with scientific rigor after history of legal and cultural controversy – podcast
  44. Hurricane Ian: When the power grid goes out, could solar and batteries power your home?
  45. We tend to underestimate our future expenses – here's one way to prevent that
  46. What are tactical nuclear weapons? An international security expert explains and assesses what they mean for the war in Ukraine
  47. Nobel Prizes, election outcomes and sports championships – prediction markets try to foresee the future
  48. Your mighty tendons help you sprint, jump and move – a genetic mutation in one key protein may increase athletic performance
  49. Louis Pasteur's scientific discoveries in the 19th century revolutionized medicine and continue to save the lives of millions today
  50. Deep brain stimulation can be life-altering for OCD sufferers when other treatment options fall short