How the private market can help
Floridians are left unable to renew their federal flood coverage mid-shutdown, players in the private flood insurance market say they’re ready to take over that flood risk and write often less-expensive policies, and a …
Leveling the playing field
One of the elements credited in the evolving success of Florida’s recent property insurance reforms is data collection and reporting. Property insurance companies are required to provide regulators with specific data on litigated claims. The number …
New report offers ideas to expand insurance availability
The Congressional Budget Office (CBO) is out with its latest report, representing Congress’ ongoing effort to examine the property insurance market and determine if it has the juice to provide adequate, available, …
New projections on home mitigation
As we saw in the recent South Florida flooding, if it rains, it can flood. Mitigating the damage from the deluge has become a priority for many across the country – including economists at the …
Data call the answer
This week a hearing was held in both the U.S. House Financial Services Committee and the U.S. Senate Committee on Banking, Housing, and Urban Affairs to discuss key insurance issues and lawmakers’ oversight of the Financial …
How AI may soon help weed-out bad actors
The Florida Legislature in its upcoming January regular session is also going to take another look at condominium governance and regulation. The Senate Regulated Industries Committee last week got an earful from …
Recap of Week 9: End of 2022 Regular Session
from the LMA Newsletter of March 14, 2022

The Florida Legislature will adjourn this afternoon after passing the over $112 billion budget for next year. The legislature did NOT pass substantive …
Recap of Week 9: End of 2022 Session

The Florida Legislature will adjourn this afternoon after passing the over $112 billion budget for next year. The legislature did NOT pass substantive insurance consumer protections, even though the Florida Senate sent …
Recap of Week 8 & Preview of Week 9 of Session

The Florida Legislature is scheduled to end its 60-day session on Friday and while the Senate has passed substantive insurance consumer protections, it’s frankly doubtful that the House will …
Recap of Week 7 & Preview of Week 8 of Session

With just two weeks remaining in the Florida legislative session, most insurance bills seem back on track. The log jam broke last week, with the House Commerce Committee passing …