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Tax plan amounts to hurricane tax on property insurers | Commentary

Tax plan amounts to hurricane tax on property insurers | Commentary
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Nearly $6M In FEMA Aid To Reimburse Hurricane Michael Recovery Costs

A Panama City church and two state agencies are getting millions in federal grants for Hurricane Michael recovery after FEMA approved on Wednesday nearly $6 million in reimbursements, the latest round of public assistance grants. ....

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Warrior-Tombigbee Waterway Association Holds 71st Annual Meeting

May 24, 2021
By Frank McCormack
Familiar faces abounded at the 71st annual meeting of the Warrior-Tombigbee Waterway Association (WTWA), held May 17–19 at the Grand Hotel Marriott in Point Clear, Ala.
The 2021 meeting came just 10 months after last year’s gathering, which was not only delayed because of the COVID-19 pandemic but also held, in part, virtually, with many attendees and presenters tuning in remotely.
Not so this year.
With COVID restrictions eased and vaccines readily available, the WTWA meeting was back to normal, with 150 waterway stakeholders meeting together, first for a golf tournament and Monday night social hour, then for two days focused on waterway management and business development. ....

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Florida lawmakers eye changes to property insurance in wake of soaring rates

Florida lawmakers eye changes to property insurance in wake of soaring rates
The bill would reduce the time to file a claim from three years to two.
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The Florida Legislature created state-run Citizens Property Insurance Corp. to serve property owners who couldn t find coverage elsewhere.
Updated Apr. 28
TALLAHASSEE â In a scramble to stop Floridaâs soaring homeowners insurance rates, state lawmakers are close to passing a bill that would reduce the amount of time to file a claim and allow Citizens Property Insurance to raise its rates above 10 percent.
The Florida House voted 74-43 on Wednesday on a bill that would reduce the time to file a property insurance claim from three years to two years and stop contractors and public adjusters from soliciting homeowners to file a claim. ....

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Hurricane Michael: Bay County schools getting $16.3M in storm aid

The day care reimbursement is something the school district appreciates. Walters said that BDS didn t necessarily want to be in the day care business, but it was a necessity and FEMA recognized that as a reimbursable expense.
Walters said he doesn t want to diminish FEMA when it announced that it had approved the money, but he said there is still a process to get it.
To date, we ve received $43 million, but prior to (last week), we had about $38 million that s obligated, Walters said. When FEMA obligates it, sometimes you still have to identify what the alternate project is if you re not going to build back exactly like you were before. ....

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