After the recent tragic events in El Paso, Texas and Dayton, Ohio, Florida House Speaker Jose Oliva issued a statement that literally gave me the chills, as it was exactly the tone and message needed. Florida has certainly seen its share of violent acts, but what truly is at their root, especially as many of …
A recent Florida Supreme Court decision to dismiss an Assignment of Benefits (AOB) case that it previously had agreed to review has left in limbo conflicting lower court rulings on whether insurance companies have had the right to deny AOBs without the sign-off of all parties with an …
New figures show progress is indeed being made in resolving the number of open claims from Hurricane Michael. Florida insurance regulators told carriers in late July to “redouble efforts” to resolve open claims from the October 2018 Cat 5 storm. Insurance Commissioner David Altmaier has acknowledged the difficulty in …
A new report on Hurricane Michael’s destruction confirms what many of us who saw the damage firsthand already knew: the building code in the Panhandle for even the most recently built homes wasn’t tough enough to withstand the Cat-5 winds of 160 mph. Another report out …
When natural disasters strike, the first casualties are people, followed by their homes and possessions. Hurricane Michael damaged or destroyed 68% of Bay County residences when it made landfall there last October. As a result, 25,000 of its 185,000 residents left the area. Now there’s a …
Of course, nothing reduces the sting of disasters, like having proper insurance coverage. Sadly, too many property owners in the U.S. are still uninsured, especially when it comes to flood and other catastrophe insurance, including earthquakes. Is it time to readjust our public policies – and our insurance policies – to adequately …
One of the interesting stories coming out of last week’s National Association of Insurance Commissioners (NAIC) meeting was not about promoting the growth of a private flood insurance market (they ran out of time to discuss that) but rather opening remarks by New York’s insurance commissioner. She urged her fellow commissioners …
Woodstock 50 was scheduled for August 16–18 this year, to be held in Columbia, Maryland at Merriweather Post Pavilion. The festival would have commemorated the 50th anniversary of the Woodstock Music & Art Fair, the famed festival that took place on August 15–17, 1969, in Bethel, New York. Unfortunately, Woodstock 50 was canceled two weeks …
