It’s not just the weather
Florida isn’t alone in big double-digit hikes in property insurance rates, surplus lines insurance companies continue to see huge premium growth and especially in Florida, the important distinction in seeking prejudgment interest on a claim, …
Plus, HOA theft
This past week I addressed over 100 participants in the quarterly Department of Financial Services (DFS) Property and Casualty Insurance Fraud Task Force. The Task Force began over a decade ago and meets four times a year …
Data call the answer
This week a hearing was held in both the U.S. House Financial Services Committee and the U.S. Senate Committee on Banking, Housing, and Urban Affairs to discuss key insurance issues and lawmakers’ oversight of the Financial …
Plus, sending the homeless to camp
A statewide grand jury releases its first report finding many COVID-19 prevention policies harmful and counterintuitive, Florida legislation advances to get homeless people off the streets and into designated camps, and more Americans report …
Recap of Week 5 & Preview of Week 6 of Session

Last week marked the halfway point of Session and the last time House subcommittees will meet this year. Bills that have not moved through one committee, or do not …
Governor’s premium rate relief uncertain
Two property insurance companies have filed for rate increases of more than 50% on their Florida policies, legislative leaders say they’re still considering the Governor’s proposal for homeowners insurance premium relief, and a new report …
Yet consumer sentiment is high
Surveys show that Florida’s consumer sentiment is at a two-year high, home sales in the Sunshine State drop in 2023 despite more listings and in some areas higher prices, and many people say they are …
Plus, $Millions to study cow burps
Another piece of Everglades restoration to stem troublesome blue-green algae is now in place, a new report warns of an alarming drop in Florida farmland, and University of Florida researchers are receiving millions of …
Newer, elevated homes fared best
FEMA has just released its Hurricane Ian NFIP Claims Analysis on single-family houses in Southwest Florida and the flood damage was staggering. Ian officially ranks as the fourth most expensive flood disaster by National Flood …
Plus, skipping insurance shopping
A definitive decision from Florida’s highest court on whether an appraisal can be ordered before coverage issues are decided on an insurance claim, food for thought on how to manage this decision, plus a market report …