Anna Maria Island Sun November 3, 2021

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- Named Best Florida Newspaper In Its Class -

VOL 22 No. 4

November 3, 2021

Runaway Bay condos hit with huge property insurance increase Property insurance increases could soon be felt by other Anna Maria Island property owners. BY JOE HENDRICKS

SUN CORRESPONDENT | jhendricks@amisun.com

Trunk or Treat time! MORGAN BRYANT | SUBMITTED

Ryan and Emily Moss and their children, Mason and Miles, set a holiday table for Halloween. More treats and trunks on Page 20.

Commission to reconsider Pine Avenue parking reductions City commissioners unanimously agree on the need for sidewalks, crosswalks and street lighting. BY JOE HENDRICKS SUN CORRESPONDENT | jhendricks@amisun.com

ANNA MARIA – City officials are reconsidering the elimination of 53 parallel parking spaces in the Reimagining Pine Avenue project. During a special commission meeting on Monday, Oct. 25, the divided Anna Maria City Commission reached an initial 3-2 consensus in favor of eliminating 53 parallel parking spaces located in the cityowned rights of way along Pine Avenue. But during the commission’s regular meeting on Thursday, Oct. 28, Mayor Dan Murphy recommended a step-by-step

INSIDE NEWS OUTDOORS CASTLES IN THE SAND OBITUARIES REAL ESTATE SPORTS CROSSWORD

4 18-19 22 25 22-27 28 29

JOE HENDRICKS | SUN

The proposed changes are intended to improve pedestrian and bicyclist safety along Pine Avenue. decision-making and implementation process that addresses sidewalks, crosswalks and lighting first SEE PINE AVE, PAGE 27

BRADENTON BEACH – The Runaway Bay Condominium Homeowners Association is experiencing a 337% increase in its annual property insurance premiums, an increase that may eventually be felt by other condo associations, resorts, apartment complexes and single-family homeowners on Anna Maria Island and throughout the state. Frank Witzmann, president of the condo association, said Runaway Bay’s annual property insurance premiums are increasing from $172,152 to $581,259. The increase has resulted in the association’s monthly assessment fee for a one-bedroom condo unit increasing by about $160 per month per unit, with a two-bedroom unit’s fees increasing by about $220 per month per unit, he said. “We have flood insurance on seven buildings. A different carrier handles that and the flood insurance doesn’t change until June. This was just the property insurance for our buildings, our roofs, wind damage and stuff like that,” Witzmann said. “In 2021, that policy was carried by American Coastal. There were all kinds of rumblings about insurance going up so when we prepared our 2022 operations budget we budgeted for what we heard might be a worst-case scenario: a 20% increase for property insurance. At the end of July, we got a surprise letter of non-renewal from American Coastal. The letter went to our insurance agent, Mike Angers. “The letter said they were not renewing our property policy because the roofs were in poor condition. That’s interesting because they’ve never set foot on our roofs. Our roofs were replaced in 2008 and we recently spent $20,000 on maintenance and repairs. The roofing company said our roofs are in good condition. This was an arbitrary decision based on market forces. They put the screws to us and said we’re not going to insure you anymore,” Witzmann explained. “American Coastal told us their sister company, AmRisc, was going to probably give us a proposal to insure us. We found out later on they were not. Over the next couple months, Mike scoured all the possible standard carriers. Nobody was willing to insure us in a reasonable and affordable manner. Most of them did not want to insure us because we are located on a barrier island, we’re framed construction, we’re two stories on ground level and we were built in 1978. We’ve got five condominium buildings, an operations building and a clubhouse,” Witzmann said. SEE RUNAWAY BAY, PAGE 24

ARTIST HAS

GOLF CART road rules - life in

unique take on Anna Maria Island landmarks. 15

the slow lane. 3 NO COVID-19 cases at AME; mask mandate expires. 13

Anna Maria Island, Florida

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