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Hurricane-Insurance

By: Associated Press
By: Associated Press

Gov. Jeb Bush and the Cabinet voted unanimously to extend an emergency rule banning insurance companies from canceling or not renewing policies of storm victims whose homes have yet to be repaired.

Thousands of homeowners are still waiting for repairs to be completed. If they lost their insurance coverage now, their homes would be uninsurable.

The rule, approved in Tallahassee Tuesday, applies to all homes and condos damaged during the 2004 hurricane season in which a storm claim has been filed.

Insurance companies will be prohibited from canceling or non-renewing these policyholders until 60 days after repairs are made.

The ban will be effective through the end of March.


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