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The added cost of flood insurance. About 40 percent of the hurricanes that make landfall in the U.S. hit Florida. Since Southern Florida is only about 60 miles wide, flood insurance may be crucial ...
Florida's Office of the Attorney General has received over 200 complaints about price gouging as residents prepare to evacuate from Hurricane Milton.
The crisis in the Florida insurance market. Florida has always been a complex home insurance market. Since 2017, eleven property and casualty companies that offered homeowners insurance in Florida ...
Tower’s signature self-service digital platform, My Tower, was first launched in New Zealand in late 2019. [8] In March 2022 Tower launched My Tower in Fiji. [9] My Tower is the first insurance online portal in the Pacific that allows people to pay their insurance premiums, lodge a claim, get a quote, update their personal details, purchase a policy and view their insurance policies.
Hoffenberg began using Towers Financial funds to pay for a lavish lifestyle that included a Locust Valley, Long Island mansion, homes on Sutton Place in Manhattan and in Florida, and a number of cars and planes. [8] [14] The Ponzi scheme was the largest financial fraud in American history prior to Bernie Madoff's being uncovered. [1]
The Travelers Insurance Company was founded in Hartford by James G. Batterson, a stone contractor [12] who became aware for the first time of accident insurance for travelers (i.e., an early form of travel insurance) while traveling in England in 1859 from Leamington to London. [13]
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