Plus, hurricane “opportunities”
Mexico’s surprisingly devastating Hurricane Otis proves that predicting hurricane intensification can be a tricky business, the three-week countdown begins to the end of the official Atlantic hurricane season that appears to have petered-out, plus the spoils of …
Capitol Hill joining in
The U.S. Senate’s Budget Committee is joining the Treasury Department’s Federal Insurance Office in demanding climate information from property insurance companies and how those companies use it to determine the cost and availability of coverage. The …
Fears of foreclosure, reinsurance costs, lawmaker investors
A dire warning from a South Florida county commissioner on an impending condominium foreclosure crisis due in part to ever-rising insurance costs, how to stop the “rollercoaster ride” of reinsurance pricing, and Citizens …
More hurricane relief, home hardening to be considered
All members of the Florida Legislature are back in town this morning for a special session that begins at 10am. On the agenda, beyond support for Israel and additional state sanctions against …
Former Senator Jeff Brandes and I shared a meal and chat with the Independent Insurance Agents of Central Florida at their October 2023 luncheon. As I prepared my remarks, I reflected on the many calls I receive from agents on …
Covid-era impacts are still being felt across the corporate world, especially concerning remote work and how to phase out the work-from-home surge that occurred alongside the pandemic. Many companies like Facebook and JP Morgan Chase hired remote workers in droves …
Popularity, home sales, mortgage rates up
Recent surveys have shown that the Sunshine State’s economy seems to be shifting as of early October, with single-family home sales up once again, and Florida hosting 6 of the top 20 fastest growing …
Plus dental health access, new drug testing
A new report shows Florida is near the bottom among state rankings in helping family caregivers struggling with long-term care support for loved ones, a look at what one group is calling the …
Plus, protecting renters from flood risk
Private flood insurance is growing as federal flood insurance declines and could be the future of flood coverage, a Florida state senator refiles a bill requiring flood zone disclosures for renters, and FEMA announces …
Another big Cat year in the making, renewed uncertainty for reinsurance pricing
The very latest on Hurricane Idalia and Ian claims, how natural catastrophes are on track to set another record this year, the impact of those natural disasters on …