Tightening & rate increases expected
Another issue that arose in last week’s meeting of the Miami-Dade County government multi-agency panel on the Surfside disaster was condo association reserve funds for needed building maintenance – and that many times, the reserves …
Review begins of potential reforms
A Miami-Dade County government multi-agency panel looking at potential changes to the county’s building and inspection codes held its first meeting last week. It was an opportunity to review ideas gathered in the previous nine …
The entire world watched the June 24 Champlain Towers South condominium collapse …and we all said either in a group or silently in prayer that this should never happen again. The Building Officials Association of Florida (BOAF) feels the same …
Admitted & surplus lines in flux
An increase in costly litigation is one of the drivers leading to a contraction of Florida’s property insurance market, especially among domestic (Florida-based) carriers. That’s especially true in South Florida, where admitted carriers have …
Citizens’ repopulation concerns
Leadership of Citizens Property Insurance Corporation, the state’s insurer of last resort, are expressing concerns that the Surfside Tower collapse could have a series of negative consequences on the Florida marketplace and lead to an unwelcome repopulation …
Surfside condo rubble cleared
As recovery efforts finished up this past week at the collapsed Champlain South Tower in Surfside, Florida, the Office of Insurance Regulation (OIR) finished its data call of insurance companies. The information will provide a comprehensive …
What changes are needed?
Our team has been in tune with building officials, first responders, family and friends of the lost, elected officials and others listening and praying with those in and around the Surfside condominium collapse tragedy. The ripple …
Our open for this edition is one where we ask you for one minute to not look at a phone or computer and say a silent prayer for our Surfside sisters and brothers. All our daily grind, the pressure of …
As we woke up this past Thursday morning (June 24) our hearts broke as we saw the devastation of Champlain Towers Condo in Surfside, Florida “pancake” collapse. I immediately thought of Senator Jason Pizzo as this condo building is in …