LMA NEWSLETTER

LMA Newsletter End of Special Session on Property Insurance - May 25, 2022

The Florida Legislature ended its special session on property insurance Wednesday afternoon (May 25, 2022) passing a series of reforms addressing the dire escalating issues in the Florida’s homeowners insurance marketplace. Included is notice of a special conference call wrap-up briefing for May 26, 2022.

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HURRICANE UPDATES

Eta Exits Florida

November 12, 2020, 4PM Update – Tropical Storm Eta exited Florida earlier this afternoon with lingering showers and windy conditions expected to end by this evening.  It made landfall around 4am at Cedar Key in the upper Gulf of …

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LIBRARY & RESOURCES

In our day-to-day efforts to stay informed and current on all events impacting Florida’s marketplace, we search for quality information for our clients. We hope you find our ongoing Newsletter and Reference Libraries helpful, along with the following Resources below:

LMA NEWSLETTTER LIBRARY

Since 2012, readers of the LMA Newsletter have received timely information and insights about Florida’s insurance marketplace. Published weekly during legislative sessions and bi-weekly the rest of the year, the newsletter focuses on current insurance and related issues impacting real estate and emergency management interests. There are also stories of encouragement for those who work in this industry notwithstanding its challenges and “pearls” of information that will help readers raise the bar. During session, the newsletter provides tracking, analysis and insight on bills and broader issues being considered by the legislature of impact to insurance and related interests. The stories are searchable by going to the LMA Newsletter Archive and using the search window at the top of the right column.

Insurance Costs Threaten Florida Real-Estate Boom

April 25, 2021, By Leslie Scism and Arian Campo-Flores | Photographs by Alfonso Duran, Wall Street Journal

MIAMI – Florida’s property-insurance market is in trouble, as mounting carrier losses and rising premiums threaten the state’s booming real-estate market, according to …

Reforming Florida’s broken insurance market

April 12, 2021, By Fiona Robertson, Inside P&C

Florida’s Senate has supported a major reform bill that would address multiple challenges that are crippling the state’s domestic insurance carriers, but as insurers struggle to remain afloat, anxieties are running high …

Eta Exits Florida

November 12, 2020, 4PM Update – Tropical Storm Eta exited Florida earlier this afternoon with lingering showers and windy conditions expected to end by this evening.  It made landfall around 4am at Cedar Key in the upper Gulf of …

Eta Regains Strength to Minimal Hurricane

November 11, 2020, 1PM Update – Tropical Storm Eta is now Hurricane Eta and heading toward the Tampa Bay area and north with an expected landfall tomorrow morning perhaps as a tropical storm.  From there, it will weaken to a …