For the second year in a row, I was invited to address two local Florida Realtors® chapters in Navarre and Pensacola. The members were engaged and extremely concerned about the state of the property insurance market with one explaining that the condo market is getting hit as hard as those living in single family residences. …
Florida is in store for a whopping 76% increase in homeowners insurance premiums in 2023 over last year, insurance regulators approve an emergency assessment on almost all Florida insurance policies to pay for the most recent carrier insolvency, plus signs and warnings that the bad actors who helped ruin Florida’s property insurance …
While schools are reopening today, some roads are still flooded this morning in Ft. Lauderdale and power still being restored, with FEMA planning to visit this week to do a formal damage assessment following last week’s “unprecedented” rainfall in parts of the city. Thankfully, there are no reported serious injuries …
Insurance and related bills continue to see steady progress in the Florida Legislature, as we enter the last three scheduled weeks of the session. The House and Senate bills regarding insurance company accountability still have significant differences (see below) with the House …
The co-owners of a Ft. Myers roofing company have pled guilty to a $1.4 million tax evasion, DFS announces five arrests in a $1.3 million insurance fraud scheme, plus the latest legal ruling on Assignment of Benefits claims, and a federal review of a hurricane damage claim. It’s all in …
