A victory for automobile insurance companies from the Florida Supreme Court, a new model law with tougher standards for the nation’s public adjusters, new insurance premium tax breaks for Florida homeowners are signed …
FEMA has just released its Hurricane Ian NFIP Claims Analysis on single-family houses in Southwest Florida and the flood damage was staggering. Ian officially ranks as the fourth most expensive flood disaster by National Flood …
A definitive decision from Florida’s highest court on whether an appraisal can be ordered before coverage issues are decided on an insurance claim, food for thought on how to manage this decision, plus a market report …
Homeowners insurance companies continue to adjust their Florida portfolios as Hurricane Ian claims climb another $2 billion in three months, a global reinsurance company says the growing number of coastal residents is driving Florida’s increasingly expensive …
A year after the torrential rains and terrible winds of Hurricane Ian made landfall near Fort Myers, there is still healing to be done. For many of the communities along the southwest Florida coast, the …
We also have updated insured damage estimates from Hurricane Ian to share with you, as well as some surprising new claims data from last November’s Hurricane Nicole. The Florida Office of Insurance Regulation (OIR) recently …
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 …
An interim report submitted to the Florida Building Commission on May 10 says that Southwest Florida coastal communities impacted by last September’s Hurricane Ian were “ill-prepared” for the storm surge and flooding, …
Signs of a spike in filed lawsuits to get ahead of expected tort reform, the need for a reinsurance bridge to weather this upcoming hurricane season as Citizens Insurance makes a tough reinsurance buy, …
Property reinsurance prices remain high with hurricane season rapidly approaching, Citizens Insurance reports encouraging market reform outcomes, a public adjuster faces a two-year suspension, plus a proposed change to the Emergency Adjuster licensing rule. …
