by Brian Burgess | Oct 29, 2023
Ah, to live in Scott Maxwell’s world—a magical utopia where imaginary dollars are plucked from an evergreen money tree, and the complexities of public policy crumble under the weight of a keystroke. In this fantasy realm, Maxwell fancies himself as the Orlando...
by Brian Burgess | Oct 24, 2023
Great googly-moogly. The Tampa Bay Times is at it again, this time it’s a story in which they decry “thin evidence” that Florida’s property insurance crisis is due to frivolous lawsuits. Of course, they publish some of the very evidence in the...
by Brian Burgess | Oct 21, 2023
A special legislative session in Florida is scheduled from Monday, November 6 to Thursday, November 9, addressing a broad range of issues. The session will focus on hurricane relief, insurance costs, educational funding for students with unique abilities, and...
by Brian Burgess | Oct 20, 2023
Hurricane Idalia’s actual insured losses in Florida are significantly lower than early projections, with current estimates at $269.3 million. Early predictions from data analytics firm Verisk had anticipated losses between $2.5 billion to $4 billion, primarily...
by Jim Saunders - News Service of Florida | Oct 16, 2023
Duke Energy Florida estimates storm-related costs of $91.9 million from Hurricane Idalia. The company is seeking approval to pass the costs to customers in 2024, spreading them out with earlier storm costs. Duke expects that spreading out the cost collection time...
by Brian Burgess | Oct 11, 2023
Florida lawmakers may take a “wait and see” approach to property insurance during the upcoming legislative session. At the same time, a new report finds experts doubtful that legislative changes will be enough to lower premiums. Experts cite three factors...