Last week, several dozen insurance agents and insurance company leaders came to Tallahassee to let their voices be heard about the state of the Florida insurance market. These front line soldiers work hard every day to keep their promises to their policyholders and were somewhat weary at the prospect that the legislature may not enact …
It’s because we’ll be at the midpoint of the 2022 Florida Legislative session after this week that we’ve seen a flurry of activity in the last few days, with new measures introduced on condominium building safety, re-inspection, and association board management. We’re also seeing …
As Florida’s property insurance companies have pulled back from the market, the Excess and Surplus Lines (E&S) carriers have been filling the gap in a big way, recording record overall premiums and transactions here in Florida and across the country.
The Wholesale & Specialty Insurance Association (WSIA) reports that surplus lines premium …
One of the impacts of last June’s collapse of the Champlain Towers South condominium is increased scrutiny by the nation’s two big real estate mortgage backers: Fannie Mae and Freddie Mac. Both have come out with new criteria for evaluating loans for units in condominium communities. Some mortgage brokers and …
Florida has released a list of $80 million in awards to communities to use in building storm resiliency projects, plus it’s not just the big hurricanes we have to worry about, but the smaller ones hitting the right place in the state at the wrong time. It’s all in this week’s …
