As you’ll read in this newsletter, this past week was very interesting and eventful on the Florida legislative and regulatory front, and this new week promises to hold its own intrigue. Last Monday, the Governor released his proposed budget for the next fiscal year that includes more money for insurance regulation and disaster mitigation and …
Governor DeSantis has released his proposed 2025-2026 state budget for the fiscal year that begins July 1 and it includes added funding for disaster mitigation and recovery programs, as well as insurance regulation. The $115.6 billion price tag is more than $3 billion less than the current year’s …
Lawmakers are back in Tallahassee today (February 10) to begin the second of three consecutive weeks of committee meetings leading to the start of the regular 60-day session on March 4. There are new bills to report, including two that undo some key consumer insurance reforms, and a rather startling revelation about …
After an unusual six-month wait, Florida’s largest property insurance company, state-backed Citizens, learned last Wednesday that regulators reduced their requested rate increase for 2025 by nearly 40%. They didn’t learn it from insurance commissioner Michael Yaworsky or his office, but rather from Governor DeSantis, who held a news …
The Florida Division of Emergency Management (FDEM) recently launched its much anticipated Elevate Florida program, the first residential mitigation program of its kind in the Sunshine State. FDEM Director Kevin Guthrie alluded to the relief program late last year, assuring homeowners it would help lower their insurance rates …
LMA would like to take a moment to recognize the great Pete Gaynor and his unflinching leadership during such uncertain times. Pete, FEMA’s former Administrator and a disaster recovery veteran, recently commented on President Trump’s announcement a few weeks ago that he was considering overhauling – or eliminating FEMA – following his tour of hurricane …
