Data and advice for legislators
As we’ve reported in this newsletter, a multi-bill effort led by attorney lawmakers in the Florida House of Representatives this session would roll-back many property insurance litigation reforms passed in the 2022-2023 legislative session. You …
Exploring the role of MGAs
Given the Tampa Bay Times article and the many questions it’s raised surrounding Florida insurance companies and the role that Managing General Agents (MGAs) play in their operation, I sat down with a veteran Florida …
Leveling the playing field
One of the elements credited in the evolving success of Florida’s recent property insurance reforms is data collection and reporting. Property insurance companies are required to provide regulators with specific data on litigated claims. The number …
Help for new and existing homes
Why were some homes in Hurricanes Helene and Milton heavily damaged while others sustained little or no damage? Much of the answer lies with the building materials and techniques used in their construction. I’m …
The inconvenient truth
Florida Insurance Commissioner Michael Yaworsky is disputing a recent academic report that claims Florida’s property insurance market is full of “low quality insurers,” especially those Florida-based companies that write the bulk of the 7.5 million homeowners and …
I enjoy public speaking and have had the opportunity to address several audiences about insurance issues in recent weeks. Among them, the National Association of Residential Property Managers, FSU classes in the Risk Management and Insurance School, a group of …
Insurance claim estimates are supposed to change
I was recently contacted by a reporter inquiring about delays in Hurricane Ian claims. The first question I asked was when the public adjuster and/or attorney was hired. Notice I didn’t ask IF …
A conversation with a lawmaker & a litigation analyst
Roofers – and especially their attorneys – played prominently into my conversation last week with state Representative David Smith (R-Winter Springs) and CaseGlide CEO Wesley Todd which we recorded for the …
A real estate and insurance agent weigh-in
I sat down recently with a long-time insurance agency executive and a top real estate agency owner who shared their ideas on which reforms would be most effective for lawmakers to achieve in …
New concerns from real estate agents
Beside their direct impact on Florida homeowners, the dwindling number of carriers and the multiple double-digit rate increases in property insurance we’ve seen are impacting Florida’s real estate market as well. There’s new concern …