For those of you who have heard me speak, I often remind audiences that I have been on storm duty for every hurricane that has hit Florida since Hurricane Andrew (1992). And this past weekend was no different but yet …
All Hurricanes Are Local
Story Tag: Florida Property Insurance
Yaworsky Defends Florida Insurance Market from Academics
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 …
Florida Regulators Talk to Policyholders
Plus, the easing FEMA standoff in Southwest Florida
Some new data and insights from a state insurance roundtable that included policyholders, FEMA has extended its deadline and is said to be working closely with five Lee County governments to save …
Positive Signs in Fla’s Property Insurance Market
Plus, clarifying ‘average homeowners premium’
Further positive indications that Florida’s property insurance market is stabilizing, stable pricing but questionable availability of reinsurance for the upcoming hurricane season, confusion over the average homeowners premium, Citizens Insurance reports fewer claims lawsuits yet …
Honoring My Pal…Happy Birthday John Auer
This past weekend I made a memory with a 70 year-old pal. We celebrated John Auer’s birthday with a small gathering of those who know personally and professionally the man that so many of us call a friend.
For those …
2024 Legislative Wrap-Up
Progress and warnings
At the close of the Florida legislative session this month, I sat down with two prominent legislators to talk about the new laws expected to impact Florida’s property insurance and real estate markets, reinsurance prices, and condominium …
Florida Property Insurance Market Profitable – Barely
Rate increases continue xx
Florida’s domestic property insurance companies show a positive net income for the first time in seven years, another carrier is scheduled to go before regulators seeking a rate increase, Citizens Property Insurance answers to Congress again, …
A Property Insurance Rate Drop Amidst Hikes
Reinsurance’s role in rising rates
A Florida property insurance company says it will be able to lower rates for some of its customers, an incoming company to the Florida market warns that restricting cancellations will deter other carriers from writing …
Bill Watch
Recap of Week 9: End of 2024 Session
It has been a pleasure to write to you every week and share the 2024 Florida legislative happenings. We started this session nine weeks ago with high hopes that we would see …
The Stress & Strain of Adjusting
Dangers facing our insurance adjusters
We know that our first responders, beyond the physical dangers they face, can also suffer from the mental stress of their jobs and sometimes traumatic stress. But did you know that our insurance adjusters can, …
