by Brian Burgess | Sep 21, 2023
Photo credit: U.S. Army National Guard Spc. Ana-Grace Catoe Estimated insured losses from Hurricane Idalia have reached $188 million, offering some relief to insurers and policyholders in Florida. The hurricane has resulted in a total of 20,151 claims, with 13,864...
by Jim Turner - News Service of Florida | Sep 18, 2023
Gov. Ron DeSantis and the state Cabinet swiftly approved $141 million in deals to preserve land across Florida. Three land purchases under the Florida Forever program were supported, along with three conservation easements allowing land use for activities like...
by Brian Burgess | Sep 12, 2023
Insured losses skyrocket to $156.4 million as claims surge to 17,472 – steadily climbing toward industry estimates in the billions. Unreported until now: 26,000 gallons of wastewater spills and a kerosene leak in St. Petersburg add to Hurricane Idalia’s...
by Brian Burgess | Sep 8, 2023
Hurricane Idalia’s landfall near Keaton Beach is posing significant challenges for Florida’s property insurance industry. Estimated insured losses range between $3 billion and $5 billion for the private sector and a $500 million hit for the National Flood...
by Jim Saunders - News Service of Florida | Sep 7, 2023
Multiple states, including Florida and Louisiana, are opposing the Biden administration’s attempt to dismiss a lawsuit challenging changes to the National Flood Insurance Program. The lawsuit centers on changes known as “Risk Rating 2.0: Equity in...
by Brian Burgess | Sep 3, 2023
What a difference a week makes. Last Sunday, we published an analysis of Florida’s property insurance market and concluded that insurers, elected officials and property owners alike were basically at Mother Nature’s mercy for the remaining months of the...
