by Brian Burgess | Sep 20, 2023
Florida leads the U.S. in litigation, with over 59,400 cases filed from March 2022 to March 2023, translating to 276 cases per 100,000 people, more than double the number in New York. Legislative changes in Florida earlier this year triggered a surge in legal...
by Brian Burgess | Sep 18, 2023
Easily-digested news nuggets to start your day… Florida unemployment holding steady Florida’s unemployment rate held steady at 2.7 percent for the second consecutive month in August. The state saw an increase of 8,000 unemployed Floridians compared to...
by Brian Burgess | Sep 15, 2023
Multiple states, including Louisiana and Florida, are challenging FEMA’s new flood insurance rates, arguing they could hurt property values and wreck property insurance markets. Officials say the rate hikes may force some working-class homeowners to abandon...
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 11, 2023
Here’s some news nuggets from the past few days you might have missed… Lawmakers fly caution flag on state budget State budget leaders in Florida have cautioned that general-revenue surpluses are expected to decline from $7 billion in the 2024-2025 fiscal...
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...