Plus, consumers giving higher marks to property insurers
Florida’s new wind mitigation forms and discounts continue to evolve, the federal government eases rules on insurance coverage for roofs on properties seeking federally-backed mortgages, and a new JD Power study reflects …
How the private market can help
Floridians are left unable to renew their federal flood coverage mid-shutdown, players in the private flood insurance market say they’re ready to take over that flood risk and write often less-expensive policies, and a …
Likely that pool deck took the building down with it
Years after the tragic 2021 Surfside condo collapse that killed 98 people, a new report from the National Institute of Standards and Technology (NIST) is reinforcing preliminary findings (and videos…
Florida leads the nation with more than 2,800 properties
It’s no secret that Florida’s condominium communities are struggling – a growing, once invisible mortgage blacklist has led to widespread loan denials statewide for some would-be buyers. They include people like …
Balancing long- and short-term costs
The National Institute of Building Sciences (NIBS) and Fannie Mae have developed version 2.0 of their Resilience Incentivization Roadmap – a rigorous study on mitigation investment, and an FAMU-FSU researcher is leading a team to …
Mortgages now at risk?
We expect to get more information later today about those 17 or so letters that Demotech sent to Florida property insurance writers warning they may lose their “A” rating as soon as tomorrow. The letters reflect …
At the beginning of this newsletter, we highlighted a Florida-based relief effort helping the Bahamian people devastated by Hurricane Dorian and its super Category-5 185 mph winds that didn’t subside for nearly 24 hours. As we close, the current death …