Plus, storm preparation gaps
Lawmakers question FEMA leadership in new testimony, federal storm aid money is still flowing to Florida even among the uncertainty, and a survey suggests a large gap between homeowner confidence and actual storm preparedness. It’s all …
How to lower reinsurance costs xx
So what impacts will an above normal Atlantic hurricane season have on Florida’s recovering property insurance market? Will homeowners insurance rates go up? Will reinsurance prices at this week’s June 1 renewal rise? What …
Plus oil spill risks in the Gulf
NOAA is extending one of its hurricane forecasts for the upcoming season, new money is on its way to local governments saddled with Hurricane Ian cleanup costs, and a new report voices lingering …
Supply chain delays could slow response
This has certainly been an unusually quiet Atlantic hurricane season so far, with no named storms in August for only the third time since 1950. We finally had the short-lived Hurricane Danielle in the …
Handling COVID-19 & storm claims
Our Florida property insurance market update this week includes new population projections and trends from state-backed Citizens Property Insurance, new guidance from regulators on hurricane preparedness and response, and fresh insights from Guy Carpenter on …
New approaches required
The coronavirus has added extra challenges for FEMA and Florida’s emergency managers in planning this year’s Atlantic hurricane season, which officially begins next Monday. How to evacuate and exactly where to shelter while still practicing social distancing …
Dealing with the upcoming hurricane season
The ongoing coronavirus response in Florida has been a massive effort over the past two months. State Division of Emergency Management (DEM) Chief Jared Moskowitz said that this is the biggest logistics mission ever …
Planning underway
Each week since the COVID-19 outbreak, I participate in the Cyber and Infrastructure Security Agency (CISA) call with businesses and interested parties from around the country. CISA is an office within the Department of Homeland Security. With hurricane …
Quickly intensifying storms a challenge
Hurricane Michael was the center of attention among the record number of conferees at the annual Governor’s Hurricane Conference in West Palm Beach last week. The mood was more sober than in past years, given …