Plus, readying for hurricane season
State insurance and emergency management officials travel Florida to spread timely tips to residents as we begin a new hurricane season, Commissioner Yaworsky says the condominium insurance market is improving as he releases an updated …
State board considering new guidelines
We have received some excellent feedback on our recent edition of The Florida Insurance Roundup podcast about proposed rules to govern how engineers write formal damage evaluation reports, often used in insurance claims lawsuits. Some …
Lack of cooperation in reporting plaintiff attorney fees
Consumer insurance reforms are credited for Florida’s declining auto insurance rates, regulators push for dollar amounts of attorney fees in claim settlements, Citizens defends its alternative dispute resolution process, plus a new …
Plus, new rules on pet insurance; Georgia tort reform
A new survey shows Floridians are “connecting the dots” between damaging hurricanes and insurance premiums, the costs of catastrophes doubled in the first quarter of 2025 with hurricane season next on …
Plus, homeowners’ attitudes toward storms & response
FEMA and the DRCA sign a landmark agreement to strengthen national recovery efforts in catastrophes, a new report is out on homeowners’ attitudes on catastrophic weather events, and the IRS extends the tax …
Plus, pushback on federal insurance regulatory intrusion
The California wildfires could negatively impact homeowners insurance rates in Florida this year, Gallagher Re warns of a “new normal” for annual insured losses from catastrophes, plus the big pushback from the insurance …
Citizens explains its private market non-competitiveness
Florida’s Hurricane Catastrophe Fund is poised to borrow lots more money when the next big storm hits, Citizens Property Insurance is moving closer to non-competitiveness with the private market and actuarial soundness, and the …
Everyone has felt the strain on homeowner’s insurance, something that has been steadily mounting nationally since the COVID-19 pandemic. A recent report from the Insurance Information Institute (Triple-I) looked for trends and dynamics and found that persistent inflation lingering from …
NAIC plan to ID risk, coverage gaps
Earlier this month, the National Association of Insurance Commissioners (NAIC) announced a countrywide coordinated effort known as the National Climate Resiliency Strategy for Insurance to help fortify state insurance markets and streamline data …
Dangers facing our insurance adjusters
We know that our first responders, beyond the physical dangers they face, can also suffer from the mental stress of their jobs and sometimes traumatic stress. But did you know that our insurance adjusters can, …