Last week (Week 3 of Session) kicked off with a noticeable uptick in the number of committee meetings and bills heard in those committees as legislators are diving into the meat and potatoes of Session. Throughout the week, over 353 bills were heard in …
The Florida Hurricane Catastrophe Fund is borrowing billions in preparation for the next big storm, the reinsurance industry says a federal cat fund backstop is unnecessary coming off a profitable year, plus the latest on Citizens Property Insurance takeouts. It’s all in this week’s Property Insurance News.
Cat Fund Borrowing: …
Buildings with damaged siding may now need code-required upgrades when they’re repaired. That’s one of the notable changes in the 8th Edition of the Florida Building Code (2023), which went into effect on December 31, 2023. Here are some other changes from the prior edition (2020) that will have …
FEMA boasts a quick response to Hurricane Idalia victims with its Direct Housing Program, new FEMA rules mean slashing lots of red tape to help future disaster survivors even faster, and experts say the standard hurricane cone graphic on forecast maps is old news. It’s all in this week’s Disaster …
Last Thursday, the US Senate Banking, Housing and Urban Affairs Committee held a hearing entitled, “Reauthorization of the National Flood Insurance Program (NFIP): Local Perspectives on Challenges and Solutions.” This is the latest look at the NFIP, whose funding has been extended into March, along with most of the federal government. …
