[jyl]

Some good insurance experience here, so let me throw out this question: will we see a wave of insurers cancelling policies on older Florida condos now, or as the suddenly urgent and stringent 40 year inspections happen? If you’re an insurer, aren’t you going to obtain and examine every such inspection report and yank coverage if anything at all looks even a little amiss? There’s plenty of buildings to insure, why mess with 40+ year old condos?

And some good engineering experience, so another question: will there be enough engineering firms willing to do the 40 year inspections? If you’re a peer of Frank Moriboto (sp), and see him sucked into a massive hell of lawsuits for his thorough 2018 report, do you want to take that risk yourself? Indemnification or waiver of claims by the condo association won’t protect you, almost nothing you can say in your report will prevent your being sued, and the fee for inspections surely isn’t enough to be worth jeopardizing your future?