Easing regulation to ease rebuilding
The 2024 hurricane season brought ongoing problems for communities impacted by Hurricanes Debby, Helene, and Milton that still persist months after the storms subsided. Resiliency on the local level is perhaps the greatest imperative in …
Balancing act in following rules vs. speedy return home
Hurricane Helene may have made landfall over 5 months ago, but aftershocks are still being felt by cities, towns, and residents along Florida’s West Coast storm path. While insurance regulators have …
Focus on FEMA, NFIP, plus latest storm payouts
Florida insurance regulators want more information on federal flood insurance claims problems following hurricanes Debby, Helene, and Milton; FEMA borrows $2 billion from the U.S. Treasury to pay Helene and Milton flood …
LMA would like to take a moment to recognize the great Pete Gaynor and his unflinching leadership during such uncertain times. Pete, FEMA’s former Administrator and a disaster recovery veteran, recently commented on President Trump’s announcement a few weeks ago …
‘Elevate Florida’ to ease homeowners cost burden
The Florida Division of Emergency Management (FDEM) recently launched its much anticipated Elevate Florida program, the first residential mitigation program of its kind in the Sunshine State. FDEM Director Kevin Guthrie alluded to …
Plus, homeowners’ attitudes toward storms & response
FEMA and the DRCA sign a landmark agreement to strengthen national recovery efforts in catastrophes, a new report is out on homeowners’ attitudes on catastrophic weather events, and the IRS extends the tax …
Hurricane rebuilding in the balance
Months after Hurricanes Helene and Milton, the impact of the storms is still being felt all across Florida. A recent analysis from Munich Re found that Hurricane Milton caused the largest insured losses from any …
While legislation in the wake of disasters always commands attention, we can’t forget the human cost in the meantime. Many individuals affected by Hurricanes Helene and Milton are still waiting for their happy ending, and for Hillsborough and Pinellas counties, …
Insurance 101 + basic math
Citizens Property Insurance Corporation is defending its treatment of hurricane claims, in the wake of a newspaper article that the state-backed insurer of last resort didn’t pay more than half of its 2023 claims, more …