What are the potential for developing innovative insurance products to better protect homeowners and businesses against sinkhole damage in Florida?

Nov 3, 2020 ... In urban or suburban areas, sinkholes can destroy buildings and highways and cause water quality problems when surface waters leak into the ... Earlier this year, a man near Tampa died when a sinkhole opened up underneath his bedroom. RELATED: Sinkhole causes Florida resort hotel to partially collapse. Jul 30, 2023 ... New sinkholes have been correlated to land-use practices, especially from groundwater pumping and from construction and development practices. Aug 5, 2024 ... NEWBERRY, FL (352today.com) – As Hurricane Debby continues its surge across the state of Florida and beyond, the torrential rainfall left in ... What Are the Main Causes of Sinkholes in Florida? · Broken septic tanks · Buried trash, logs, and other debris · Collapsed or broken sewer and drainpipes ... Sep 10, 2022 ... In Florida, the constant threat of sinkholes is due to fact that the state is built on a bedrock of limestone. Rain gradually dissolves the rock ... Sep 18, 2013 ... Q: I keep hearing in the news about sinkholes in Florida. What causes them? A: Most of Florida is underlain by a rock called limestone. Jan 31, 2025 ... The Florida Highway Patrol and the Suwannee County Sheriff's Office are currently directing traffic around a sinkhole that opened late Thursday afternoon. Aug 22, 2014 ... Many collapse events we see in the news are related to our aging infrastructure and are caused by leaky sewers, storm drains, and water mains,” ... Mar 27, 2019 ... Using more water than is flowing into the aquifer causes the limestone to collapse and the sinkholes are the result of that water use. As long ...