Property Insurance2018-05-03T20:09:25-04:00

Property Insurance

Since Hurricane Wilma made landfall on Oct. 24, 2005 in Collier County, Florida has not experienced a direct hit in more than a decade. Nevertheless, Florida’s position as a low-lying tropical peninsula jutting 500 miles into the most hurricane-active waters in the world is the same today as it was 10 years ago or 100 years ago.

While the state’s geography and risk profile haven’t changed, its built environment and the number of lives and amount of property at risk of hurricanes and severe weather have grown dramatically. Though the state’s population shrank slightly during the Great Recession, it has almost tripled since 1970 and is continuing to grow.

Florida’s total coastal exposure now stands at more than $2.9 trillion, with more property at risk than all of the other “hurricane alley” states (Louisiana, Virginia, Texas, North Carolina, South Carolina, Georgia and Mississippi) combined.

In this environment, JMI is committed to producing sound, practical, and market-based solutions to the challenges faced by assignment of benefits abuse, state-owned insurance schemes, and the need for an actuarially sound property insurance system in Florida.

Recent News

STATEMENT RELEASE: JMI Releases New Report Examining Gas Taxes in Florida

By |July 7th, 2020|Categories: Statements|Tags: |

FOR IMMEDIATE RELEASE July 7, 2020 CONTACT: Logan Elizabeth Padgett Lpadgett@jamesmadison.org 850-386-3131 JMI Releases New Report Examining Gas Taxes in [...]

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“The Road Ahead: Why Florida Should Shift from Per-Gallon Gas Taxes to Per-Mile Charges- and How to Do It”

By |July 7th, 2020|Categories: Publications|Tags: , , |

CLICK HERE TO READ THE FULL PDF By Robert Poole Introduction Florida’s road network depends heavily on per-gallon taxes on [...]

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STATEMENT RELEASE: JMI Commends Governor DeSantis for Signing Occpational Licensing Reform Bill

By |July 1st, 2020|Categories: Statements|Tags: , , , |

FOR IMMEDIATE RELEASE CONTACT: Logan Elizabeth Padgett Lpadgett@jamesmadison.org 850-386-3131 Statement by Sal Nuzzo on Governor DeSantis signing major occupational licensing [...]

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STATEMENT RELEASE: U.S. Supreme Court Decision in the Montana School Choice Case

By |June 30th, 2020|Categories: Statements|Tags: , , , , |

FOR IMMEDIATE RELEASE CONTACT: Logan Elizabeth Padgett Lpadgett@jamesmadison.org 850-386-3131 Statement by William Mattox on Today's U.S. Supreme Court's Decision in [...]

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The CIA Can’t Protect Its Own Hacking Tools. Why Should We Trust Government Privacy and Security Proposals?

By |June 23rd, 2020|Categories: Press|Tags: , , |

By: Andrea O'Sullivan June 23, 2020   We are often told that law enforcement must have a way to get [...]

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