There were a lot of firsts this reinsurance renewal season and one of them was a wholesale pandemic exclusion in reinsurance treaties. This provision necessitates property insurance companies having to file a forms revision with the Florida Office of Insurance Regulation (OIR) to exclude pandemic coverage from their policies. We are encouraging OIR to proactively …
Ask any insurance agent and they will tell you “I’m worried.” Why are they worried? For starters, property insurance companies have no choice but to shrink their footprint and raise their rates. Some ask why? To which I say, “I can’t count the reasons!” New data from OIR, plus a recent webinar by …
Speaking of cooking up and inflating claims, many of you are following the Strems Law Firm Supreme Court actions and now others are piling on. Last week, Citizens Property Insurance filed suit alleging Scot Strems and his firm, along with several associates, conspired to defraud Citizens into paying for sham first-party property …
If you’ve been hankering to get back to having civil trials by jury in Florida, there is positive movement to report in that direction. Also making news is the number of workers’ compensation cases filed because of the coronavirus, although there are few litigated claims to date. Plus, Florida State University …
One sector of Florida’s economy with a lot of uncertainty – at least for now – is housing. Central Florida home sales fell 44% in May over last May but there are literally brighter prospects ahead. Meanwhile, the current state freeze on evictions was extended to July 1, leaving landlords with …
A new study shows Florida as the third-lowest among the 50 United States when it comes to where residents are the safest. And it’s not just the risk of hurricanes that did us in. The state received its lowest rank in road safety, one of five categories examined by WalletHub, a personal …
In my many years in disaster insurance and recovery, I’ve witnessed the wrath of Mother Nature and learned that while you cannot fight her, you can and should prepare for her, and that often nature herself offers among the best defenses from natural disasters. A new report from The National …
Inclusive and productive dialogue within our community has become increasingly necessary as of late, and so too have civics and debate skills become increasingly necessary for our youth.
Gov. Ron DeSantis and Florida Education Commissioner Richard Corcoran have announced that 60 schools in 28 districts across the state will launch the Florida Civics and Debate …
