flooding

Press Release: FAIR Calls on Congress to Enact NFIP Reforms

FOR IMMEDIATE RELEASE Federal Association for Insurance Reform (FAIR) sends Letter to Congress: NFIP Reauthorization, Risk Rating 2.0, & Affordability This morning, FAIR sent a letter to the House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs. Specifically, FAIR supports full, long-term reauthorization of the National Flood Insurance Program…

Florida Homeowners Face Spike in Insurance Renewals

Source: Insurance Business Magazine Author: Lyle Adriano Date: August 9, 2021 Those looking to renew their homeowners’ insurance in Florida are being blindsided by significant premium increases, as the insurance situation in the state grows complicated. According to Dulce Suarez-Resnick, who has 30 years of insurance industry experience, Florida homeowners are, on average, seeing their insurance premiums surge…

The Surfside condo that collapsed was vulnerable to sinking earth, engineers say. Your house might be too.

Source: South Florida Sun Sentinel Authors: Mario Ariza and David Fleshler Date: August 7, 2021 Just days after the collapse of the condo tower in Surfside, an obscure study emerged that the building had been sinking into the earth for years. It remains unclear whether the settling, or subsidence, of Champlain Towers South was a factor when the 12-story…

November 12, 2021 FAIR Gala

November 12, 2021 Annual FAIR Gala & Benefit

The Federal Association for Insurance Reform (FAIR) 2021 Annual FAIR Gala & Benefit took place on Friday, November 12th, 2021 at the Miami Marriott Biscayne Bay. A much-anticipated event, FAIR was pleased to bring together leaders from across the insurance industry for a cocktail hour, seated dinner, networking opportunities, and a keynote address on reinsurance…