Year: 2018

CHANGING THE APPROACH TO SOLVING FLORIDA’S ASSIGNMENT OF BENEFITS ABUSE

New tools and analytics are revealing hidden costs, changing how the problem is viewed

COLUMBUS, OH — Insurance industry leaders say better collection of data and use of analytics, coupled with a new method of looking at insurance company liabilities and surplus, are keys to providing “the true picture” of the rising costs of Assignment of Benefits (AOB) abuse in …

Changing The Approach To Solving Florida’s Assignment Of Benefits Abuse

June 22, 2018, MarketsInsider – “It’s hard for our elected officials to believe that our insurance companies are trying to do the right thing,” added panelist Lisa Miller, a former deputy insurance commissioner and CEO of Lisa Miller & Associates, a governmental affairs firm. “But those companies are doing right every day by their policyholders. Legislators have a hard time …

ASSIGNMENT OF BENEFITS – CONTINUING THE FIGHT FOR ALL FLORIDIANS

Join the June 20, 2018 free webinar to hear experts offer real solutions for this costly problem

COLUMBUS, OH — An Orlando contractor has become the newest face of reported Assignment of Benefits abuse in Florida, accused of defrauding 19 homeowners across eight counties here and another in Texas. Timothy Cox was arrested on June 5 for stealing nearly $140,000 …

The Flood Coverage Gap & FEMA’s Aspirations

Bringing resiliency to the forefront

FEMA Director Brock Long kicked-off last week’s three-day National Flood Conference in Washington D.C.  It was a remarkable gathering of people coming together to address the problem of the protection gap, as well as an opportunity to work with our LMA clients and colleagues.  Long outlined his “moonshot” trajectory to make sure that the 50 …

Driver’s License and Blockchain Please

New Technology Has Applications in Florida Auto Insurance and Fighting Fraud

TALLAHASSEE — The emerging distributed ledger software technology Blockchain, being developed for use in financial transactions, has applications in how we manage insurance information, too.  It could one day be used to reduce Florida’s nearly 27% rate of uninsured drivers – the highest in the nation – while providing …

Insurers turning to new methods for determining risk in mass shootings

April 12, 2018, Insurance Business America – Insurers providing liability coverage to hotels, schools and other public venues have traditionally covered more ordinary events, according to a report by business development and consulting firm Lisa Miller & Associates. (Original story location: https://www.insurancebusinessmag.com/us/news/risk-management/insurers-turning-to-new-methods-for-determining-risk-in-mass-shootings-97646.aspx)

TALLAHASSEE, FL – In the aftermath of the school shooting in Parkland, Fla., insurance companies are exploring …

Determining the Risk of School Shootings

Florida’s new law may mean more lawsuits

TALLAHASSEE — In the aftermath of the Parkland, Florida school shooting, insurance companies are now turning to new and more sophisticated predictive modeling to try to determine the level of risk involved with major casualty events, occurring more often in an increasingly unpredictable world.  At the same time, changes made by the Florida …