Different perspectives
Hurricanes are just one threat to Floridians and the property insurance companies that strive to protect them. Another is costly claims practices pushed by excessive litigation. It’s driving the price of insurance up by double-digits for most everyone. …
Update on insurance bills
The Florida Legislature is back at the Capitol in Tallahassee today for a scheduled weeklong special session to consider a gambling compact with the Seminole Tribe of Florida. With coronavirus precautions now eased, this session will …
I spent this weekend, what I call the “weekend after legislative session,” reflecting on the previous few months. With the session timeframe being 60 days from the first of March to the end of April, the real work is done …
About 90 minutes from my Tallahassee home is Wild Adventures, an amusement park. The name of this Valdosta, Georgia attraction reminds me of this last week’s legislative activities and you will see why as you scroll down in this edition …
Greater clarity came this week from the National Association of Insurance Commissioners (NAIC) via Florida Commissioner David Altmaier: Florida has 8% of all homeowners’ claims in the U.S., yet 76% of all homeowners’ claims lawsuits. Boom.
In a letter to …
Two agents share consumers’ experience
I had the pleasure of sitting down last week with two veteran insurance agents on the frontline of Florida’s topsy-turvy property insurance market. They revealed the hidden consequences that higher insurance premiums are having on …
One of the most interesting facets of being in the advocacy business is following legislation and general public policy that touches real people, other than insurance and disaster recovery. Increasingly often, these are unsuspecting everyday Floridians who we hear from …
Recap of committee week 2 & preview of week 3
The Florida legislature is steeped in tradition but this session is a stark departure from tradition thanks to COVID-19. Topics include the resulting $2 billion shortfall in the budget with …
There’s an eerie stillness around downtown Tallahassee, Florida’s capital city, compared to past years at this time. Due to COVID-19 precautions and restrictions on public interaction, we’ve seen what a ghost town it is both inside and outside the Capitol …
First committee week
Last week, there were several Senate and House Committees that discussed, debated and dreaded the facts about the Florida property insurance market. Senate Banking and Insurance Committee Chairman and Manatee/Sarasota Counties Senator Jim Boyd used the word …