In our recent reporting of the latest Property Insurance Stability Report by the Florida Office of Insurance Regulation (OIR), we noticed that although OIR provided county-by-county average homeowners and condo unit premiums, there was no statewide average shown. So we at LMA crunched the OIR data and found there is more reason for good news …
Forecasters adjust expectations for the rest of the 2025 hurricane season, a bipartisan FEMA reform bill emerges in Congress, and the My Safe Florida Home program opens applications with $280 million to help homeowners get ahead of the storms. It’s all in this week’s Disaster Management Digest.
Hurricane Season …
Consumer insurance reforms are credited for Florida’s declining auto insurance rates, regulators push for dollar amounts of attorney fees in claim settlements, Citizens defends its alternative dispute resolution process, plus a new report puts catastrophe losses in perspective. It’s all in this week’s Property Insurance News.
Auto …
Citizens Property Insurance gets a meaningful win against a late hurricane claim, and Frontline Insurance finds a similar success against a late windstorm damage claim involving an Assignment of Benefits agreement. It’s all in this week’s Legal Briefs.
Citizens Win: Florida’s Third District Court of Appeal in Miami last …
Florida’s Business & Economic Mid-Year Report looks promising, the housing market reports its first positive shift in months, and bankruptcy filings are on the rise statewide. It’s all in this week’s Florida Economy News.
Mid-Year Report: The Florida Chamber of Commerce has released its Business & …
In other good Florida news, we’re happy to announce that our friends at the nonprofit Insurance Industry Charitable Foundation (IICF) have recently opened a Florida Chapter to broaden their impact in the Sunshine State. The new addition will be headquartered in Tampa and focus on providing grants, volunteer services, and community leadership − uniting those …
