mitigation credits News

South Carolina Issues Data Call of Risk Mitigation Policy Discounts

The South Carolina Department of Insurance (SCDOI) has issued a data call for property and casualty insurers writing residential property in the state in an effort to inform South Carolina’s coastal homeowners of the discounts available for performing risk mitigation …

Florida Congressman Proposes Disaster Savings Accounts

A Florida congressman is calling for the creation of a new federal tax-free savings account that will allow homeowners to set aside up to $5,000 to help strengthen their homes against hurricanes and other natural disasters. Rep. Dennis Ross, a …

Florida’s Citizens Promises Changes to Mitigation Savings Program

Responding to criticism over its home inspection program, officials of Florida’s policyholder-backed insurer said they will no longer immediately raise the premiums for property owners who dispute the inspection findings or take steps to upgrade their homes. Citizens Property Insurance …