Constructiondeal.com − Contractor Blog | Writing about what I see

Maria Luisa Castellanos

Writing about what I see - a blog for the South Florida community

I will be writing here about what I see that is important in the Miami area. It will be about architecture & construction. It will be about political issues & how they affect the built environment.

If you own residential real estate in Florida, do you know why the insurance companies want to raise homeowner's insurance premiums?

on October 09, 2009

Last Thursday, October 1, I was driving around when a new report on WLRN peaked my interest. The report said that the state was going to allow the raising of insurance premiums again for homeowner’s policies. I was wondering how this could happen, after all, we haven’t had a hurricane in 4 years. Those insurance companies must be raking in the profits - 4 years of not having to pay out on any losses, 4 years of not having to send out any insurance adjusters, 4 years of sitting around on a pile of cash. “Hum, how could this happen?” I asked myself. The report added that...

- 2009: October