The Florida House of Representatives and Senate will convene at 10:30am today (January 27) for a special session called by the Governor. The question around the Capitol for the past two weeks has been will they or won’t they take up the Governor’s Legislative Special Session Proposals on combatting illegal immigration and strengthening initiative petition …
With five weeks to go before the start of the regular 60-day Florida legislative session, some insurance bills are now being filed. One would further restrict bad-faith claims and public adjuster conduct, another would increase policyholder notification on rate changes and cancellations, while other bills focus on increasing hazard mitigation measures …
The California wildfires could negatively impact homeowners insurance rates in Florida this year, Gallagher Re warns of a “new normal” for annual insured losses from catastrophes, plus the big pushback from the insurance industry on the Federal Insurance Office and its encroachment on state-based insurance regulation. It’s all …
A new report from the Consumer Financial Protection Bureau finds many properties may be underinsured in non-coastal flood zones, FEMA’s maps may be lulling homeowners into a false sense of security, and Fort Myers flood insurance rates drop even further after following FEMA’s Community Rating System guidelines. …
FEMA and the DRCA sign a landmark agreement to strengthen national recovery efforts in catastrophes, a new report is out on homeowners’ attitudes on catastrophic weather events, and the IRS extends the tax deadline for Floridians affected by recent hurricanes. It’s all in this week’s Disaster Management Digest…
In our great Sunshine State, snowfall is almost unheard of – but almost 10” of snow is completely unprecedented. Yet that’s exactly what happened when record snowfall touched down across the Florida panhandle early last week, leaving residents stunned and slowing many cities and localities to a standstill. Tallahassee area schools and universities were closed…
