This week kicks off the Florida Senate’s first week of committee meetings in preparation for the January through March 2024 regular legislative session. There are 40 state senators and 120 members of the House of Representatives. These 160 individuals are leading our state along with the Governor and four Cabinet officials to tackle issues such …
Homeowners insurance companies continue to adjust their Florida portfolios as Hurricane Ian claims climb another $2 billion in three months, a global reinsurance company says the growing number of coastal residents is driving Florida’s increasingly expensive costs of claims and insurance, plus the debate over a proposed workers’ compensation insurance rate …
In an effort to improve the health and competitiveness of Florida’s property insurance market, regulators last week approved another transfer of policies from state-backed Citizens Property Insurance Corporation to private market carriers. It comes as Citizens is further refining the “takeout” process to improve its effectiveness as …
Although it can (and does) happen anywhere, there’s a reason that authorities say most insurance fraud occurs in the South Florida counties of Miami-Dade and Broward. In just the past two weeks, three high-profile cases spanning various insurance lines have made the news – all despicable, hurtful to the …
The state of Florida is creating a new state emergency operations center from the ground up, some insight on Moody’s latest RMS hurricane model and how it will impact insurance ratemaking, plus the federal government is now making rural disaster home repair grants available from last year’s hurricanes. It’s all …
The National Institute of Building Sciences (NIBS) and Fannie Mae have developed version 2.0 of their Resilience Incentivization Roadmap – a rigorous study on mitigation investment, and an FAMU-FSU researcher is leading a team to map vulnerable infrastructure in West Florida. Both in this week’s Environmental and Engineering Digest.
Resilience …
The coastline of Florida is sadly still recovering from the compounding damages of hurricanes Ian and Nicole from last fall. In response, the U.S. Army Corps of Engineers has awarded a $47.6 million contract to rehabilitate an 11.5 mile stretch of Brevard County beaches. This 100% federally funded …
A year after hurricane Ian’s historic damage across Florida, the nonprofit Rebuilding Together Tampa Bay has unveiled a state-of-the-art hurricane response distribution center, fulfilling its promise to the people of the greater Tampa area. The 5,000-square-foot facility offers many necessities for the community in the wake of storms: drywall, plumbing and roofing materials, tools, response …
