LMA NEWSLETTER September 11, 2023

A Day of Remembrance

We want to start this week’s stories with a moment of somber reflection as we show respect and remember the anniversary of one of our nation’s greatest tragedies.  Today marks 22 years since the 9/11 attacks, a moment of terror that shook a nation and asked the American people to find within themselves the bravery …

Another Death as Idalia Cleanup Continues

Stories of hope, help

An elderly Dixie County man who was cleaning storm debris when a tree fell on his tractor has become the third person declared dead from Hurricane Idalia.  The storm made landfall August 30 on Keaton Beach, in the mostly rural and sparsely populated Taylor County, after weakening to a Category 3 …

Citizens Rate Hike Tied to Takeout Success

New companies, new rankings

Can Citizens Property Insurance get the rate hike needed to reduce its competition with private market carriers, even as more of them are approved to takeout Citizens policies?  Meanwhile, two more property insurance companies join the Florida market, FIGA eyes extending assessments created by past companies’ insolvencies, plus the latest policy …

Rising Property Insurance Costs Still the Hot Topic

Important questions and answers

The insurance consumer and market reforms passed by the Florida Legislature last year and this year are starting to make a difference already but we are another good 12-18 months away from seeing the impact on rates and homeowners premiums.  Yet the ongoing hurt, as we’ve been chronicling on these pages …

State Keeping Watchful Eye on Hurricane Scammers

Roofer busted

Three anti-fraud strike teams are diligently on the lookout for unscrupulous actors from Hurricane Idalia, another roofer who took money without performing repairs is arrested, the latest workers’ compensation fraud case, plus how to keep yourself safe from record fraud.  It’s all in this week’s Fraud News.

Anti-Fraud Teams: Following Hurricane Idalia’s …

“Don’t Build the Wall”

Miami’s next flood plan

The U.S. Army Corps of Engineers has ditched its idea of building a 10-13 foot wall along the coastline of Miami-Dade County and instead is working with local officials on a new flood control plan that involves both man-made and natural solutions.  The wall proposal, announced in early 2020, was …

“Carpetbagger” Public Adjuster Loses in Court

Plus another distinction with appraisals

A Florida appeals court delivers another blow to the idea that adjusters can also serve as appraisers in the same claims case, while another appeals court rules that an appraisal is meant to not only resolve disputes over the scope of a claim, but the amount of loss as well.  …

A Warm Welcome to Fall and a Warm Thanks to Our Readers

As hurricane season swings into full effect and the southern United States readies itself for the ongoing threat of more hurricanes, a cool, almost autumn breeze has offered a moment of respite and sliced through the humid summer air.  A step outside and a deep breath lets you know that right after the hurricanes swell …