For almost 40 years (with a few years of interruption), I have been involved in Florida’s legislative process. I started when I was 18 and at 62, being in the Capitol still has a mystique and thrill that few places have. During the 60-day session and for the past ones as long as I can …
At this halfway point of the 60-day Florida legislative session we’re starting to see some movement in insurance bills as two more insurance companies last week – Florida Farm Bureau and TypTap Insurance decided to stop writing new policies in Florida. Senator Jeff Brandes …
When the Citizens Property Insurance Corporation Board of Governors last met in December they had a novel idea. Rather than spend another $250 million on reinsurance like it did in 2021 and get nothing for it given it was a light hurricane season for Florida, why not float a pre-event bond instead in …
The state of Florida is on course this fiscal year to spend more than $1 billion in a new effort to help local communities mitigate the effects of sea level rise, storm surge, and inland flooding. The latest installment is $404 million for 113 projects across the state through the Resilient Florida …
With the price of property insurance based in part on property value, that property – whether residential homeownership, rental, or commercial real estate in Florida – keeps going up and up! New reports show the Sunshine State leading the nation in home prices, residential rent hikes, and on the commercial side, …
