Central Florida is particularly known for sinkholes . The sinkhole in the area of Lake Okeechobee was discovered on June 1 by a man who had been hiking near the lake and noticed something strange about it. Florida property owners filed 24,671 claims for sinkhole damage from 2006 to 2010 . How dangerous and costly are sinkholes ? Florida sinkhole claims cost insurers $ 1.4 billion in that period , state Senate report says .
Central Florida is particularly known for sinkholes . The sinkhole in the area of Lake Okeechobee was discovered on June 1 by a man who had been hiking near the lake and noticed something strange about it. Florida property owners filed 24,671 claims for sinkhole damage from 2006 to 2010 . Florida sinkhole claims cost insurers $ 1.4 billion in that period , state Senate report says .