The clamor for more state property insurance relief takes on a new voice in Congress, State Farm suffers another big underwriting loss, Citizens Property Insurance reports encouraging news on lawsuits, and yet another drop …
Florida lawmakers are also expressing an interest in the Offer of Judgment statute (s.768.79, F.S.), colloquially known as the Proposal for Settlement (PFS) statute. Its intent is to incentivize parties in lawsuits to accept reasonable …
A dire warning from a South Florida county commissioner on an impending condominium foreclosure crisis due in part to ever-rising insurance costs, how to stop the “rollercoaster ride” of reinsurance pricing, and Citizens …
Former Senator Jeff Brandes and I shared a meal and chat with the Independent Insurance Agents of Central Florida at their October 2023 luncheon. As I prepared my remarks, I reflected on the many calls I receive from agents on …
The very latest on Hurricane Idalia and Ian claims, how natural catastrophes are on track to set another record this year, the impact of those natural disasters on …
The Florida Legislature was in Tallahassee over the past two weeks to begin a staggered six-week series of legislative committee meetings in preparation for the start of the 2024 session on January 9. But it …
Although it can (and does) happen anywhere, there’s a reason that authorities say most insurance fraud occurs in the South Florida counties of Miami-Dade and Broward. In just the past two weeks, three high-profile …
In an effort to improve the health and competitiveness of Florida’s property insurance market, regulators last week approved another transfer of policies from state-backed Citizens Property Insurance Corporation to private market carriers. …
Homeowners insurance companies continue to adjust their Florida portfolios as Hurricane Ian claims climb another $2 billion in three months, a global reinsurance company says the growing number of coastal residents is driving Florida’s increasingly expensive …
This week kicks off the Florida Senate’s first week of committee meetings in preparation for the January through March 2024 regular legislative session. There are 40 state senators and 120 members of the House of Representatives. These 160 individuals are …
