Anita Byer A recent report on global natural catastrophe losses revealed that despite an uncharacteristic lack of major events during the third quarter of 2025, insured losses still managed to top $100 billion globally for the sixth consecutive calendar year and the eighth year since 2017....
Anita Byer The amount of global economic and insured catastrophe losses during the first half of 2025 has many concerned about another record-breaking year of losses. According to Aon’s Global Catastrophe Recap (First Half of 2025), economic losses reached $162 billion during the first six months...
By Anita Byer Businesses often struggle to recover after a property loss because the physical damage to their property causes an interruption of business operations. Depending on the severity of the damage, a business may be forced to shut down for weeks, possibly months. Though revenue...
By Anita Byer The 2025 hurricane season is underway, so the time to prepare is now. We know that preparing for hurricane season can be overwhelming, particularly when the forecast is for above-normal storm activity. Fortunately, preparations can be made easier by working smarter, not harder....
By Anita Byer, Setnor Byer Insurance & Risk The National Oceanic and Atmospheric Administration is predicting above-normal hurricane activity for the upcoming hurricane season. NOAA’s 2025 Atlantic Hurricane Season Outlook predicts a 30% chance of a near-normal season, a 60% chance of an above-normal season, and...
By Anita Byer On June 14, 2024, Florida Governor Ron DeSantis signed a comprehensive condominium bill into law. House Bill 1021 (Community Associations) includes numerous statutory amendments that relate to condominium governance and association management, most of which become effective July 1, 2024. That means board...
By Anita Byer, Setnor Byer Insurance & Risk The National Oceanic and Atmospheric Administration is expecting above-normal hurricane activity during the 2024 Atlantic hurricane season. NOAA forecasters are predicting an 85 percent chance of an above-normal season, a 10 percent chance of a near-normal season and...
By Anita Byer, Setnor Byer Insurance & Risk The Federal Emergency Management Agency recently finalized Broward County’s new Flood Insurance Rate Maps (FIRMs). According to the City of Ft. Lauderdale’s Flood Plain Manager, Broward County’s new FIRM will expand the Special Flood Hazard Area by 15...
By Anita Byer, Setnor Byer Insurance & Risk The forecast team at Colorado State University is predicting an historically active Atlantic hurricane season in their initial 2024 forecast. In fact, the number of hurricanes forecast for 2024 is the most ever predicted by CSU in their...
By Anita Byer, Setnor Byer Insurance & Risk Homeowners’ insurance is one of the most frequently purchased types of insurance. A lot of people struggle when this crucial coverage is unavailable or unaffordable. Unfortunately, it does not look like the hard homeowners’ insurance market of 2023...