Policyholders sometimes complain about the time it takes to get their claim settled with their insurance company. This is more likely to happen in property insurance claim disputes and it’s certainly something that our Florida carriers are aware of and the best of them are looking to streamline the process wherever possible. Litigation can certainly …
LMA NEWSLETTER June 16, 2025
2024 Hurricanes Generate Another $2.6 billion in Florida Claims
How Citizens is losing policies
Hurricane Helene and Milton Florida insurance claims now total $7.3 billion with more than 90% of claims closed, Citizens Property Insurance reports continued success in its depopulation and new agent clearinghouse while litigation declines, Uber says it’s uncovered an auto insurance scam racket in South Florida, plus how you can …
Formal Discussions Begin on FEMA’s Future
Key players leaving as proposals emerge
FEMA has been at the forefront of many disaster management discussions over the last several months, with folks on both sides of the aisle trying to find a new balance for emergency management amid the current administration’s attempts at slashing “red tape” across the federal level. The new FEMA …
Florida Spending $850M in 2024 Storm Expenses
Plus, big wheels & AI-powered emergency alert
Florida legislative leaders approve $850 million to cover expenses for now from the 2024 hurricanes, a new AI system can help us stay alert before and after hurricanes strike, and some enormous all-terrain vehicles stand ready to help Hillsborough County and St. Petersburg first responders save even more …
Florida’s Slumping Residential Real Estate Market
Miami-Dade condos “are the next great crisis”
Florida’s housing market cools off, Miami-Dade’s condo market sees values drop, while the South Florida commercial real estate market excels thanks to new out-of-state companies and workers. It’s all in this week’s Florida Economy News.
Florida’s Housing Market: Not too long ago, Florida’s housing market was seeing …
Wunderkind
In a world with countless burgeoning, bright minds, Mike Wimmer stands head and shoulders above his peers. Last month, Wimmer, age 16, became the youngest Ph.D. in the United States after a career in tech and AI starting when he was just 10 years old. Beginning computer coding at age 5, Wimmer soon found he …






