The impacts of severe hurricanes are often wide-reaching and multifaceted, and Helene and Milton’s paths of devastation in Florida will be no exception. With so many residents suffering flood damage and without flood insurance to help repair their homes, what …
DFS offering free repair contract review
In the wake of disaster, we usually see the best and worst humanity has to offer. In the case of Hurricanes Helene and Milton, sadly we’ve started to see the latter, with opportunistic individuals …
‘Manageable’ event for carriers
While Florida residents braced themselves for a wild 2024 storm season, the Florida Hurricane Catastrophe Fund and insurance companies statewide prepared for the worst. In total, the Cat Fund is expected to pay out $4.6 billion …
Help for new and existing homes
Why were some homes in Hurricanes Helene and Milton heavily damaged while others sustained little or no damage? Much of the answer lies with the building materials and techniques used in their construction. I’m …
By Fred Malik, Managing Director of FORTIFIED at the Insurance Institute for Business & Home Safety
As communities across Florida begin to rebuild in the wake of Hurricanes Helene and Milton, it is important to understand the role that resilient …
This is a special edition of our LMA Newsletter that we are devoting to the topic of fortifying our homes, in the wake of the devastation from Hurricanes Helene and Milton. We’re going to share with you the latest building …
Most losses appear to be from flood, not wind
Recovery from Florida’s other big hurricane this season – Helene – has had to take a backseat to Milton. Arriving just 13 days before Milton, the Category 4 hurricane is now …
We open this edition with a hats-off to Florida insurance regulators for their steadfast support of policyholders. Last week’s Hurricane Milton was certainly bigger than Helene two weeks earlier, with insured losses now estimated at between $30 billion to $50 …
Plus, depopulation, condo questions, wildfire dangers
Citizens Property Insurance is trying to find ways to help its policyholders with Hurricane Helene flood claims, nearly 90% of depopulation offers to Citizens this month qualify for removing policies, condo questions and answers, …
US damage estimates from $15 billion to $100 billion
Florida’s Big Bend region can’t catch a break when it comes to major hurricanes lately. At 11:10 pm Thursday night, Hurricane Helene made landfall at Dekle Beach right outside Perry as …