This is the Newsletter Story post type
In another ominous sign that the consumer insurance protections in last year’s SB 76 aren’t enough, insurance litigation is back on the rise in a big way. CaseGlide reports that the 17 largest property & casualty insurance …
With three weeks left in the scheduled Florida legislative session, property reform bills are now in their last Senate committee meetings but where is the House on reform? Time …
Three more property insurance companies announced last week they will no longer write new Florida homeowners insurance policies until further notice. That brings to seven the number of companies in the past few months that are closed …
On Saturday afternoon I ran into the coffee shop for a “jolt” and struck up a conversation with “Wayne.” Wayne was almost 80, had 7 children, 20 grandchildren and 3 great grandkids. He has had a colorful, productive life working …
A South Florida foreclosure lawsuit in federal court serves as a reminder for those of us in the property insurance business of what we’re dealing with in litigation and attorney fees where a fee multiplier …
Beside their direct impact on Florida homeowners, the dwindling number of carriers and the multiple double-digit rate increases in property insurance we’ve seen are impacting Florida’s real estate market as well. There’s new concern …
Another week has brought more property insurance companies announcing they’ll stop writing new homeowners policies in Florida and/or stop renewing existing ones. Claims creep from the 2020 hurricane season and higher litigation and reinsurance costs are …
With four weeks remaining in the Florida legislative session, bills are making steady progress that would open the insurance market to more surplus lines companies, help check the rapidly …
Florida’s “Wall of Wind” (WOW) is about to go on steroids! Florida International University’s Extreme Events Institute was just awarded a $12.8 million grant from the National Science Foundation for the design of a full-scale testing facility capable of producing …
With the price of property insurance based in part on property value, that property – whether residential homeownership, rental, or commercial real estate in Florida – keeps going up and up! New reports show the Sunshine …
