Top insurance headlines for the week: September 8-13

TAMPA, Fla. — We are continuing to cover the price of paradise and the state of insurance with the top insurance headlines for the week.

1. SHORE ACRES INSURANCE AND CLIMATE CHANGE ROUNDTABLE

• Shore Acres has been dealing with lots of recent flooding.
• Meghan Martin’s home is no stranger to flooding. On Saturday, Martin went from resident to a seat at a roundtable in St. Pete alongside Senate Budget Committee Chairman Sheldon Whitehouse (D-RI), Representative Kathy Castor (D-FL 14), and other leaders.

• On the agenda was a discussion about climate change and its impact on rising insurance costs.

  

  WFTS

2. HALF OF HURRICANE DEBBY CLAIMS CLOSED

• Just over a month after Hurricane Debby hit Florida, new data from the Florida Office of Insurance Regulation shows nearly 60% of all Hurricane Debby claims are closed — and more than half of those were listed as "closed without payment."
• As of September 6, the data showed that 19,973 claims were filed after Hurricane Debby, and 11,090 of those claims have already been closed. That's nearly 60% of the claims that have already been settled.
• Of those claims already closed, 6,447 were listed as closed without payment, and 58.1% of those claims were denied.
  
  More than half of Hurricane Debby claims so far 'closed without payment'

2. CONDO CRISIS ROUNDTABLE

• Just weeks after Redfin reported Tampa saw the highest jump in condo HOA fees year over year, Governor Ron Desantis held a roundtable discussion Monday to look at possible solutions to help ease the pressure on condo owners.
• He heard horror stories from condo owners and those in management.

• While the problems may not be resolved soon, some potential solutions were discussed.

  Governor is 'ready, willing and able' to ease pressure on Florida condo owners