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Citizens could double rates

Citizens could double rates (Miami Herald)
South Florida homeowners with hurricane coverage through the state-run windstorm pool could soon see their rates double. Citizens Property Insurance on Thursday received an analysis recommending rate increases for hurricane insurance ranging from 59 percent to a jaw-dropping 135 percent in this region. The statewide average is about 80 percent.

Power companies to charge consumers for hurricane damages (Business Journal of Tampa Bay)
Florida's Public Service Commission is hiring Saber Partners to develop a bond program to finance the fiscal recovery of the state's utilities hit by 2004 hurricane damages.

Rate hikes of up to 135.5% proposed for hurricane insurance in S. Florida (Sun-Sentinel)
Palm Beach County homeowners who rely on state-backed Citizens Property Insurance Corp. for hurricane coverage could face major increases in the rates they pay, with premiums more than doubling in some coastal communities.

Nationwide Agrees to Audit 2004 Hurricane Claims in Florida, Correct Underpayments (Insurance Journal)
Nationwide Insurance has reached an agreement with the Florida Office of Insurance Regulation to audit its claims from the 2004 hurricane season and correct any underpayments. OIR announced that un

Florida Citrus Growers Facing New Trial (New York Times)
After battling intense hurricane seasons and plant-destroying citrus canker, Florida citrus growers now have another threat to deal with: yellow dragon disease.

HURRICANE CHARLEY SLICES A FLORIDA ISLAND (Earth Observatory)
Hurricane Charley came ashore on the southwest coast of Florida as a Category 4 hurricane on Friday, Aug. 13, 2004, and changed the look of North Captiva Island.

Farrakhan wants govt sued over hurricane response (RedNova)
WASHINGTON (Reuters) - Nation of Islam leader Louis Farrakhan accused the federal government of "criminal neglect" for its slow response to the aftermath of Hurricane Katrina, during a rally on Saturday marking the 10th anniversary of the Million Man March. Speaking to thousands of African-Americans gathered on the National Mall, he also urged minorities and the poor to work together to improve

Katrina farm assistance act introduced (Miami Herald)
For the South Florida farm community still struggling with the devastating effects of Hurricane Katrina, U.S. Rep. Mario D az-Balart offered hope on Friday in the form of a disaster assistance bill introduced in Congress.