Six months after Hurricane Idalia struck the Florida Big Bend region as a major Category 3 hurricane, FEMA and the federal government have provided more than $820 million to help with disaster recovery with more …
In addition to providing more relief for farmers who suffered damage in last August’s Hurricane Idalia (see our Open story), the Florida Legislature in its recent special session also agreed to more …
The insurance consumer and market reforms passed by the Florida Legislature last year and this year are starting to make a difference already but we are another good 12-18 months away from seeing the impact on …
As anticipated – and plainly declared – when the Florida Legislature passed its recent series of property insurance market reforms earlier this year, the homeowners market would not be immediately out of the woods. And it isn’t …
The Florida Legislature failed to provide additional reinsurance help to property insurance companies as private reinsurance firms remain largely standoffish on the Florida market, flood claims are rising from Hurricane Ian, pushback on whether …
The Florida Legislature ended its 2023 session this past Friday morning with the same efficiency and expediency it displayed throughout the 60-day session. It’s the first session in several years to end …
It’s been a tough legislative session. As many of you know, I do my best to educate legislators about why it makes sense to keep the market as a whole in perspective – from policyholders, to reinsurers, to investors, to …
There is still more work to be done this last week of the Florida legislative session on two key remaining insurance measures – the Consumer Protections bill and the …
Happy Monday! There’s only one more week to go in the 2023 Session! Budget negotiations are continuing with only a few major issues outstanding. We are anticipating the budget to wrap-up today in time for the 72 hour cooling off …
As we enter the final two weeks of the Florida Legislature’s regular session, all eyes are on the budget. We are still listening to the market, we are still …
