Today is the day Florida’s old Assignment of Benefits (AOB) system ended in a dramatic flourish, and with it, much of the abuse that has left consumers and insurance companies on the hook for unfinished repairs, excessive charges, and a …
Lisa’s Blog
New Miami Zoning Tackles Flooding, While NFIP Rate Plan Challenged
Lots of things are continuing to happen in the world of flood mitigation and insurance. Miami has passed its first law designed to protect against sea level rise, Governor DeSantis this past week selected the state’s first Chief Science Officer …
Flood Follies
2018 was a tough year for flooding in the United States, and nowhere worse than in the Carolinas, where Hurricane Florence dumped three feet of rain in spots. Damage is estimated at $13 billion but at least half of that …
Post-Michael Coordination Questioned as Death Toll Rises, Debris Everywhere
Although we reached the official end of the Atlantic Hurricane Season last Friday, its effects will be with us here in Florida well into 2019 due to Hurricane Michael’s destruction. The death toll is increasing, nearly 100,000 Panhandle residents are …
AOB, Regulators & the Courts – Are we looking a gift horse in the mouth?
In the three weeks since a Florida appellate court ruled that an insurance company is within its right to require an Assignment of Benefits (AOB) contract be approved by a mortgage company or anyone else with an insurable interest in …
Exporting Florida’s Model Flood Laws
While Congress works on various reforms to the National Flood Insurance Program (NFIP) prior to its current expiration on July 31, the time is ripe for the private insurance market to step up and play a greater role in providing …
The Flood Coverage Gap & FEMA’s Aspirations: Bringing resiliency to the forefront
FEMA Director Brock Long kicked-off last week’s three-day National Flood Conference in Washington D.C. It was a remarkable gathering of people coming together to address the problem of the protection gap, as well as an opportunity to work with our …
Changes Coming to the Flood Insurance Marketplace
Over the past couple of weeks, we have seen numerous media reports about flood insurance, including last week’s four-month reauthorization of the National Flood Insurance Program (NFIP) and new trends showing that Americans are moving in the right direction by …
Florida’s Insurance Villages Post-Hurricane Irma
Last week I traveled to Jacksonville, Naples, and Ft. Myers – those areas among the hardest hit by Hurricane Irma – to see firsthand how Florida’s Insurance Villages operate. While I learned it doesn’t take a village to handle a …
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 …
