What are the potential for developing insurance products that provide more comprehensive and affordable coverage for sinkhole damage in Florida?

Aug 18, 2023 ... When the ground below is no longer strong enough to support the weight of what is on top, there may be a sinkhole. Sinkholes can happen anywhere ... Jul 5, 2021 ... The 12-storey Champlain Towers, located in Surfside, Florida, collapsed on Thursday morning. A search and rescue operation continues with ... Aug 3, 2016 ... Sinkholes in Florida, for example, would be primarily caused by Karsting. But say, in California near the faultline, couldn't they be caused by ... sinkhole formation. The Florida Geological Survey (FGS) examined two sinkhole events caused by these factors: 1) The January 2010 sinkhole event in eastern ... Oct 31, 2024 ... Private residential wells are typically not sufficient to impact the water table enough to cause sinkholes. 6. What is the sinkhole risk ... 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 ... The most damage from sinkholes tends to occur in Florida, Texas, Alabama, Missouri, Kentucky, Tennessee, and Pennsylvania. What is a "sinkhole"? A sinkhole is ... Mar 13, 2013 ... Sinkholes have always been a part of Florida life, mainly because of geological conditions that allow groundwater to dissolve subterranean limestone. causing sinkholes. The state of Florida, USA is used as a case study in which the role of global warming is evident, based on correlation analysis between ... 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.