Annual rate decrease approved
As the special legislative session gets underway today in Tallahassee on federal vaccine and mask mandates on COVID-19, the National Council on Compensation Insurance (NCCI) has withdrawn its request to start a catastrophe fund in Florida …
Lawsuits and counter-suits filed
The insurance companies that provided coverage for the engineering firm that first identified structural problems with the Champlain Towers South condominium building three years before its collapse are refusing to cover the property damage and bodily …
Condo bills emerging
The full Florida Legislature is back in Tallahassee this morning for a week-long special session, while the first drafts of congressional and legislative redistricting are out. Condominium bills are beginning to emerge, too, designed to help prevent …
I am working on some projects this session both personally as a volunteer and professionally as part of my consulting firm. The days are long as we lead up to the January 11, 2022 session opening of the Florida Legislature.…
After 146 years of entertaining, The Ringling Bros. and Barnum & Bailey Circus shut down in 2017. At the time, it was suspected that the sudden decline in ticket sales which led to the closure was due, in part, to …
Important indicators all up
Florida’s economy is entering the last two months of 2021 in great shape, with upward indicators in job growth, tax collections, real estate sales, and tourist visits.
Job Growth: Florida’s economy gained 84,500 jobs in the …
New reports offer suggestions
Two new reports are out suggesting specific changes to how Florida’s high-rise buildings should be inspected and managed decades after they’re built. The reports are based on studies and discussions in the aftermath of the Champlain …
Second case in a row
Many in Florida’s insurance industry say further consumer reforms wouldn’t be complete without tackling another cost-driver that didn’t make it into SB 76: attorney contingency fee multipliers. Further proof came last week when an appeals …
New insight
So what of the current legal challenges to Florida’s new property insurance reform law, SB 76? I had the pleasure to sit down recently with Jose Pagan, a former fraud regulator who is now one of Florida’s leading …
Focus on ACV & solicitations
It’s week #4 of legislative committee weeks in Tallahassee, but the agenda is rather light this week on insurance issues. The big news was last week, when the chair of the Senate Banking and Insurance …