The big issue we can argue is what we don’t know about Hurricanes Ian and Nicole. How many residents and businesses had flood damage (which is not covered by most homeowners policies) and didn’t have flood insurance? And how many …
April marks the beginning of the National Flood Insurance Program’s (NFIP) new rate change, and as a former deputy insurance commissioner in Florida, it is welcomed news not only for those residing along Florida’s miles and miles of coastline, but …
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 …
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 …
FEMA is out with a report showing the value of mitigation in having – and following – modern building codes. FEMA modeled 18.1 million buildings built in the U.S. since 2000 and found that the nation has benefited to the …
Florida has seen a trend in the past decade of rising sea levels along its coastlines. It’s been causing high-tide flooding in a few areas, which is growing in severity, according to a new report from the National Oceanic and …
As we enter the second week of the partial business re-opening of Florida, virus-related insurance claims are being filed, insurance companies are fighting back in court, and the industry is making dire predictions on its future. A national data call …
Florida’s fee-shifting statute authorizes an attorney to recover a “reasonable fee” when their client prevails. To calculate the award, Florida courts follow the federal Lodestar method which multiplies the hours reasonably expended by a reasonable hourly rate.
However, in 2017 …
Under the assumption that it cannot control severe weather, nor deny recovery money to communities struck by future catastrophes, the federal government is developing a framework for how best to invest its finite taxpayer resources into more efficient and effective …
In last week’s LMA Newsletter, I mentioned two recent trips I took to the Bahamas with a longtime Florida insurance company executive to examine Hurricane Dorian damage first-hand. This up-close and personal video highlights the findings of those trips, …
