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Prestige Insurance Group, Inc. Blog: 9_2014

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Paul Girello doesn't have to buy flood insurance anymore. The Pembroke Pines resident recently received a letter from his mortgage lender confirming his home is no longer in a high-risk flood zone and, as a result, flood insurance coverage is no longer required on his property. READ MORE >>

A 1 percent charge imposed on most homeowners' policies to help the state-backed Citizens Property Insurance Corp. cover losses from the last of the 2005 hurricanes may come off the books two years early. Citizens' Board of Governors will be asked to put an end date of July 1, 2015, on the sto... READ MORE >>

Do annuities belong in your retirement portfolio? If you're looking for a guaranteed revenue stream, consider the following pros and cons to decide if an annuity is a good investment for your retirement portfolio. Understanding Annuities When you buy an annuity, you're buying an investment that provides regular payments over time. READ MORE >>

Do you know the difference between "actual cash value" and "replacement cost" coverage? The difference has a significant effect on how much your insurer will pay out after a loss to your home. Cash Value or Replacement Cost? Suppose a tree falls on your house, causing severe damage to your kitchen. READ MORE >>

Cost pressures are improving in the field of workers compensation, as the National Council on Compensation Insurance Inc. (NCCI) is set to recommend more decreases in state workers comp rates for next year. READ MORE >>

Those driving without insurance in Broward County were in for a surprise as law enforcement officers worked traffic stops and were able to instantly verify coverage. On Wednesday, over 30 insurance agents with instant access to their client data bases set up a command central at the Tamarac BS... READ MORE >>

The needle barely moved for health insurance coverage in Florida last year, as the state remained the third worst for the rate of uninsured residents. According to U.S. Census Bureau data released on Tuesday, Florida had 3.85 million uninsured residents in 2013, up from 3.82 million in 2012. READ MORE >>

Ever wonder how the cost of car insurance in South Florida stacks up to the rest of the country? The Miami area has the third highest car insurance premiums among the 25 largest metropolitan areas in the United States, according to READ MORE >>

SEATTLE, Sept. 12, 2014 /PRNewswire/ -- Nationwide, the typical oceanfront or lakefront, single-family home is worth more than double the median value of all homes, and in some communities the median waterfront house could be worth ten or more times the median value of non-waterfront houses, according to a new analysis by Zillow®. READ MORE >>

ORLANDO Fla. (Reuters) - As Florida seeks to revive its private home insurance market after almost a decade without a hurricane, homeowners are pouring $6 billion a year in premiums into a new generation of small, in-state insurance companies with an unproven record of withstanding a major hurricane. READ MORE >>

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