Florida's Real Estate Insurance

The AP-AOL Real Estate poll of 2,001 adults, including 289 recent homebuyers and 401 likely future homebuyers, was conducted by telephone Sept. 19-26 by Ipsos. The poll had a margin of error of plus or minus 2 percentage points for all adults, 6 percentage points for recent homebuyers and 5 percentage points for likely future homebuyers.
$3.00 per share for 2006 will beat the record earnings of $1.95 per share recorded in calendar year 2005 by over 50%. I am guiding now for several reasons. We have not experienced the same weather conditions as the prior two years and with developing El Nino conditions in the central and eastern Pacific, in which hurricane activity during such conditions is rare, reinsurance costs going forward should migrate lower next year. During this same time frame, our increased rates will be taking hold causing revenues and profitability to accelerate.

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Profitability to accelearte
Home Buyers
weather conditions

Insurance Companies - Article

An article in The Ledger on Sept. 8 stating that the committee is considering mandating that insurance companies offer discounts for certain home improvements that are likely to help avoid damages resulting from hurricanes or windstorms. The article further stated: "Most homeowner's insurers give discounts for improvements that are likely to help avoid damages, such as hurricane shutters or roof improvements. More home hardening making houses better able to withstand storms has been hit on by Gov. Jeb Bush and other officials as a big part of solving Florida's insurance problem."

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Insurance