Plus, potential rules on use of insurance drones
A memo from the Florida Office of Insurance Regulation (OIR) touts the benefits of recombining all insurance regulation under one agency, experts discuss the impact of tariffs on the insurance landscape, and …
Plus, new rule on claims adjusting
An updated report of good news about Florida’s property insurance market from its insurance commissioner, a new rule to improve transparency in the claims adjusting process, and a new poll shows how important insurance …
Many Floridians caught without flood insurance
The latest Florida damage estimates will be released later today but as of last Wednesday, Hurricane Debby’s insured losses had grown to $113.8 million on 15,326 claims for a storm that may total up …
Plus, the easing FEMA standoff in Southwest Florida
Some new data and insights from a state insurance roundtable that included policyholders, FEMA has extended its deadline and is said to be working closely with five Lee County governments to save …
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 …
Focus now turns to storm claims preparation
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 …
New focus & help
Springtime is bringing the return of insurance villages to Southwest Florida together with added help to streamline Hurricane Ian claim payments and a reminder from regulators, Citizens is breaking from tradition to help some hurricane victims, …
This past election day, I had the privilege of addressing the Pensacola Association of Realtors who are gravely concerned about the rising costs of property insurance and even more interested in how to “fix” the problems faced by their real …
Arrests & warnings
The past two weeks have certainly provided overwhelming proof of the need for stronger insurance consumer protection reforms. Local and state authorities have been looking for unlicensed contractors, as well as public adjusters and roofing contractors not …
Property insurance reform likely
The problems created by Hurricane Ian have prompted Governor DeSantis to call a special session of the Florida Legislature for December to provide property tax relief to victims and address our ongoing property insurance issues. CFO …