As you read the below, please read it as an American. I may disagree with Congressman Mast from time to time, but every time I see him I want to salute him. This is from his recent September newsletter.
On September 19, 2010, I was moving through the Kandahar Valley in Afghanistan with a …
The Florida Senate’s Banking and Insurance Committee reconvened the week before last to hear that the state’s property insurance marketplace remains in “dire” shape, with some companies losing more money than last year, prompting regulators to require some to submit monthly financial reports.
Insurance Commissioner David Altmaier told the committee that …
A few hours before that Senate Banking and Insurance Committee meeting, one of the two recipients of private admitted market policies was having a meeting of its own. The Citizens Property Insurance Corporation Board of Governors was getting an equally dire update, but one with added perspective and some optimism.
Citizens President & …
Florida is among the riskiest places on the planet to insure property. Besides its natural pull to perils, it has become the center of the universe for innovating ways to drain insurers’ pockets. Innovative Claim Makers’ (third parties filing claims on behalf of policyholders) astonishing proficiency at deep-pocket-picking is not the real …
There is other action to report from the Florida Legislature’s first week of committee meetings, including new bills filed on insurance coverage for at-home COVID-19 tests and requirements for condo board members, along with a renewed push for data-privacy. Plus of course, some of the pomp and circumstance that goes …
The Florida Office of Insurance Regulation (OIR) has approved an average statewide rate increase of 6.6% for existing health insurance plans for individuals on the federal exchange for 2022. Insurance Commissioner David Altmaier warns that the individual market for so-called Obamacare policies is not as healthy as the small group market.
Fourteen health …
As it has numerous times in recent years, Congress has extended authorization for the National Flood Insurance Program (NFIP) until early December, as part of a continuing resolution to keep the U.S. government operating while budget talks continue. Unaffected is NFIP’s new Risk Rating 2.0 program, which took effect as scheduled …
Traditionally, scientists have used manned aircraft to study hurricanes up close. While storm data could be efficiently collected from the sky, purposely sailing into a hurricane from the ocean for a better look was too dangerous. These challenges of the past have been revolutionized with the introduction of unmanned drones.
“If you’re in the center …
