Recently, I attended another Hurricane Ian insurance village where almost 20 insurance companies gathered to offer personal service to those with claims. I attend as often as I can to work with the media, listen to consumers and lend a …
A new survey shows that one in four Floridians will ignore hurricane evacuation warnings this summer, expanded incentives take effect to help Florida homeowners harden their homes against hurricanes, and an expanded mitigation …
A plaintiff law firm is ordered to pay-up for its misconduct and bad faith litigation tactics, a federal appeals court affirms juries have latitude on damage awards, and the case of one Assignment …
Florida’s insurance commissioner comments on claims being closed without payment as he approves more roof endorsements restricting non-storm claims, more Citizens Insurance takeouts are approved, and the surge of surplus lines carriers in the …
Florida homeowners insurance rate hikes are outpacing any in the nation, how actual cash value roof policies could lower premiums, the new insurer accountability act is now law, regulators release the new catastrophe …
The 2022 Florida insurance marketplace reforms are having the desired effect for Citizens Property Insurance, with “significant shifts” reported in litigation. Meanwhile, the state-backed carrier went before regulators at a public hearing last …
When LMA asked many of Florida’s stakeholders about this year’s reinsurance purchase for hurricane season, the sentiment was that the negotiations started out rocky and the finish was expensive, with the 2023 reinsurance …
Florida Insurance Commissioner Michael Yaworsky has announced the appointment of Sheryl Parker as the Florida Office of Insurance Regulation’s (OIR) first Deputy Commissioner of Market Regulation and Virginia Christy as OIR’s Deputy Commissioner of Property and Casualty. …
Those property insurance companies that haven’t purchased reinsurance for the upcoming hurricane season have just nine days left in a market that is still described as hard, with some companies struggling to find available, affordable …
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 …
