The Florida Legislature begins its 2022 session on January 11. Among the bills filed are those seeking enhanced insurance consumer protection, greater safety for high-rise condominium buildings following the Surfside collapse, COVID-19 relief, controls on prescription drug costs, and legislative …
Year: 2021
More Accurate NFIP Rates Open Floodgates for Private Coverage
November 22, 2021, Property Insurance Report – “It’s the boldest step in the right direction to help consumers in this country, it’s like nothing I’ve ever seen,” said insurance consultant Lisa Miller, a former deputy insurance commissioner in Florida. “It …
Episode 34 – Legal Challenges to SB 76
Florida Litigated Claims Dropped 9% in September
October 22, 2021, Insurance Journal – AOB abuse has created an additional $1 billion of inflated insurance claims in recent years, according to a recent newsletter published by Lisa Miller, a former deputy Florida insurance commissioner. “While the reforms seem …
Risk Rating 2.0 begins
As it has numerous times in recent years, Congress has extended authorization for the National Flood Insurance Program (NFIP) until early December, as part of a continuing resolution to keep the U.S. government operating while budget talks continue. Unaffected is …
Episode 33 – Condo Underwriting & Presuit Settlements
Fla. condo tragedy forces risk professionals to rethink building integrity
July 26, 2021, S&P Global – Risk assessors wanting to gather construction and maintenance data for condominiums of that age or older will have a difficult time gathering it because the state’s records on the buildings are kept on a …
Blue-Green Algae Turning Deadly
With the rising summer temperatures come rising blue-green algae levels in some prominent Florida lakes and waterways. There are now reports of people getting sick from the cyanobacteria that can be present in the algae and a dog dying from …
Episode 32 – Defense Attorneys’ Take on SB 76
How FEMA’s overhauls of flood insurance rates could impact you
June 1, 2021, Spectrum News 13, Orlando – “I applaud NFIP for saying we can’t keep running this thing like a government program,” Tallahassee-based flood insurance consultant Lisa Miller said. “We’ve got to run it like an insurance company.” Miller, …
