Florida homeowners insurance rates continued their decline in 2024, ending the year with a net industry average decrease for the first time in two years. The Office of Insurance Regulation (OIR) fourth quarter 2024 QUASR report shows average premiums fell 0.7% between the third and fourth quarter, …
Despite repeated news stories – and now the year-end 2024 report by insurance regulators that net homeowners insurance rates have declined across the Florida market – some state lawmakers insist on reinstating one-way attorney fees in lawsuits against insurance companies. One of my colleagues …
Sometimes, a bill comes clad in sheep’s clothing. But to borrow words from Justice Scalia, “this wolf comes as a wolf.”[1]
For decades, Florida was in an insurance crisis. I read the Internet commentary discussing theories of the cause. Regardless of one’s view of the cause, nobody can argue that …
The 2024 hurricane season brought ongoing problems for communities impacted by Hurricanes Debby, Helene, and Milton that still persist months after the storms subsided. Resiliency on the local level is perhaps the greatest imperative in the rebuilding process, and when communities are fiscally or legally constrained, it can be almost …
Last week, FEMA and state disaster management officials paid a visit to areas along Florida’s Big Bend that were damaged in last year’s hurricanes, in an effort to better understand how to foster recovery.
Florida Emergency Management Director Kevin Guthrie was joined by FEMA Acting Administrator Cameron Hamilton, and shared …
