Harvey – Havoc, Hardship, and Heroism
With the new threat this morning on the near horizon from Hurricane Irma and its expected impact to Florida later this week, we urge our readers to closely track the storm’s progress by way …
Year: 2017
LMA NEWSLETTER AUGUST 21, 2017
Life in Steinhatchee Florida
Slow and peaceful
I was invited to attend a live town hall meeting at Florida’s Steinhatchee Landing and in attendance were local elected officials from the surrounding counties of Taylor, Dixie, Gilchrist, Madison, Lafayette, Levy, and …
Florida OIR approves Citizens request to limit coverage on non-weather claims
August 21, 2017, Property Casualty 360 – “The Office of Insurance Regulation and Citizens Insurance have acted where the legislature has so far failed to act, to bring measures of responsibility and accountability to an out of control Assignment of …
CITIZENS INSURANCE PRESIDENT TALKS COVERAGE CAPS ON THE FLORIDA INSURANCE ROUNDUP
TALLAHASSEE — The Florida Office of Insurance Regulation (OIR) has approved two new controversial requests by Citizens Property Insurance Corporation, the state’s so-called insurer of last resort, in its bid to get skyrocketing claims and litigation costs under control. The …
Episode 6 – Citizens Managed Repair Program
… Rising Sea Levels a Fact in Florida for Now: Legislative Action Underway
Whether you’re a homeowner or work in construction or insurance, you likely know the damage water can do to a structure. And whether you believe in global warming or not, scientists have confirmed by direct device measurement that sea levels …
LMA NEWSLETTER AUGUST 7, 2017
Of Technology and Road Trips
Since 2000, my smartphone of choice was the Blackberry. I was one of the first to use one in the fortune 500 companies I worked for and then when I returned to state government in …
LMA NEWSLETTER JULY 24, 2017
Dog Days of Summer
We are in the middle of the dog days of summer! For those of you who live in milder climates, we thought we would share with you what that means. A fun factoid: The ancient Romans …
Flood insurers in Florida have doubled thanks to technology
July 20, 2017, Intelligent Insurer – The number of companies writing flood insurance in Florida has doubled from 10 to 20 firms in the past year, mainly thanks to the use of new technology to better predict and price flood …
NEW TECHNOLOGY DRIVING BETTER PREDICTION AND PRICING OF FLOOD RISK ON THE FLORIDA INSURANCE ROUNDUP
TALLAHASSEE — Actuarial experts, disaster modelers, and third-party vendors are utilizing new technology to better predict and price flood risk – and Florida’s private market has responded, with the number of companies writing flood insurance doubling from 10 to …
