Surfside grand jury report out
A new report may add further impetus to the Florida Legislature to tackle re-inspection of high-rise buildings. A Miami-Dade County Grand Jury has recommended that such buildings be re-inspected every ten years for recertification of …
Meanwhile, condo sales rising
At the Florida Chamber of Commerce annual Insurance Summit earlier this month, a panel discussion on the Champlain Towers South condominium collapse made clear that it’s going to be awhile before we know both the cause …
“When I talk to managers I get the feeling that they are important.
When I talk to leaders, I get the feeling that I am important.”
Unknown
As we emerge from COVID and start our transition to “normal,” I was …
Condo next door sued
The Surfside condo tower collapse was the subject of discussion at the recent National Council of Insurance Legislators (NCOIL) conference I attended. The question: how big an impact will it have on property insurance underwriting and …
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 …
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 …
COVID, condos among bills filed
There is other action to report from the Florida Legislature’s first week of committee meetings, including new bills filed on insurance coverage for at-home COVID-19 tests and requirements for condo board members, along with a …
Exposure doubled
A few hours before that Senate Banking and Insurance Committee meeting, one of the two recipients of private admitted market policies was having a meeting of its own. The Citizens Property Insurance Corporation Board of Governors was getting …
Insurance bills emerging
The Florida Legislature today begins the first of six staggered weeks of legislative committee meetings leading to the start of the formal session on January 11. The House has healthcare and pandemic-related meetings beginning this morning, with …