Florida News Straight From the Source
In an Insurance Journal article covering the recent Florida Chamber of Commerce Insurance Summit, state leaders and insurance industry experts discussed the significant issues facing Florida’s property insurance market. [Read more…] about Florida Growth Means More Cat Losses; Premiums Must Rise
The Biden Administration’s “Build Back Better” tax proposals will lead to a large property insurance cost increase for U.S. residents in the form of a new “hurricane tax.” [Read more…] about “Build Back Better” tax proposals raising concerns over property tax increases amid leaders in many states
In a recent op-ed published by the Northwest Florida Daily News, former state representative and insurance expert Don Brown warns Floridians that the Biden Administration’s tax proposal will lead to a large tax increase for Florida homeowners in the form of a new “hurricane tax.” [Read more…] about Possible Biden hurricane tax increase looming for Florida homeowners
In a recent op-ed published by the Tallahassee Democrat, Brewster Bevis, President of Associated Industries of Florida, raises an alert about a provision in the proposed federal “Made in America” tax plan that will raise property insurance rates for all Floridians, many of whom are still dealing with financial hardships associated with the pandemic and past storms. [Read more…] about Hidden ‘hurricane tax’ will hurt Floridians at all income levels
Business leaders, consumer advocates and research institutes from across Florida and the nation are raising concerns over a hidden “hurricane tax” in the “Made in America” tax plan that will exacerbate an already struggling property insurance market in Florida. [Read more…] about Business Leaders, Consumer Advocates and Research Institutes Voice Concerns Over “Hurricane Taxes” in Federal Tax Proposal
In a recent op-ed published by the Lakeland Ledger and Winter Haven News Chief, former Congressman Dennis Ross highlights how the federal “Made in America” tax plan could further harm Florida’s property insurance market. [Read more…] about Biden’s Made in America plan puts insurance market at risk
As Congress debates the “Made in America” tax plan, it’s important to consider how the policy effort will affect Florida’s property insurance market and homeowners who rely on a stable reinsurance market. [Read more…] about Bermuda Reinsurers pay more than $400 Billion in Damages Since 1997
In a recent op-ed published by the Orlando Sentinel, Carolyn Johnson, Senior Director of Business, Economic Development and Innovation Policy at the Florida Chamber of Commerce, showcases how the “Made in America” tax plan could do further damage to Florida’s property insurance market. [Read more…] about Tax plan amounts to hurricane tax on property insurers
In a recent op-ed published by the Sarasota Herald-Tribune, Brewster Bevis, Senior Vice President of Associated Industries of Florida, urges Floridians to prepare for the Atlantic hurricane season, which began on June 1. [Read more…] about Prepare now for Florida’s hurricane season
In a recent column published by the Florida Times-Union, Vivian Young, Communications Director for the statewide nonprofit 1000 Friends of Florida, writes while many rightfully fear flooding during hurricane season, our state has become more vulnerable to flooding and erosion as a result of sea level rise, which now affects our state even when the tropics are quiet. [Read more…] about Build resilience for a stronger, safer Florida
