October 6, 2022, National Public Radio, Washington – Insurance companies operating in Florida say they have been forced to raise rates to cover the costs of handling lawsuits. “We’re all paying for that frivolous litigation,” said Lisa Miller, a former …
Year: 2022
Hurricane Ian and the coming property insurance rate hike
October 4, 2022, Bay News 9, Tampa – “I would project that rates would go up at least another 30 percent,” said Lisa Miller, the State of Florida’s former Deputy Insurance Commissioner. “I believe that reinsurance is obviously going to …
Dealing with damage after Ian? Call your insurance agent
October 3, 2022, WKMG-TV News 6, Orlando – Former deputy insurance commissioner Lisa Miller wants anyone dealing with storm damage from Hurricane Ian to call their insurance agent rather than “answer the door” for an unknown repair crew targeting your …
Video Shows Ian Storm Surge Devastated Part of Florida; Losses Mounting
October 3, 2022, Insurance Journal – “It’s becoming clearer that flood, rather than wind claims, are going to drive losses in Florida,” former Florida deputy insurance commissioner Lisa Miller posted late last week. (Original story location: https://www.insurancejournal.com/news/southeast/2022/10/03/687865.htm)
FORT MYERS, …
The property insurance market was melting down. Then Hurricane Ian flooded Southwest Florida
October 3, 2022, Palm Beach Post – “In Florida, for a variety of reasons, our rates have not matched the risk,” said Lisa Miller, a former Florida deputy insurance commissioner. “This storm is going to expose that mismatch.”…Miller agreed with …
Hurricane Ian’s Death and Destruction Mounts
September 30, 2022, PM Update – The toll from Hurricane Ian in Florida going into Saturday keeps climbing in terms of human life and property damage. The AP reports at least 27 people have died and the newest estimate puts …
Beware of scams, be patient, and other tips on filing Hurricane Ian insurance claims
September 30, 2022, Miami Herald – Lisa Miller, a former deputy director of the Florida Office of Insurance Regulation who now consults for the industry, was more blunt. “Do not answer your front door,’’ she said. “People you know come …
The Last of Hurricane Ian and its Lasting Effects on Florida
September 29, 2022, PM Update – By this time you’ve seen the pictures that tell the story of the horrible damage not only from Hurricane Ian’s landfall in Southwest Florida yesterday but the rescue efforts underway across the state in …
Citizens’ Early Estimate of $3.8B in Ian Losses; Florida OIR Suspends Use and File
September 29, 2022, Insurance Journal – A former deputy Florida insurance commissioner, Lisa Miller, warned that if losses exceed the corporation’s reinsurance coverage, Citizen policyholders could see a 15% surcharge for all three of Citizens’ accounts – as much as …
Hurricane Ian Slowly Battering Florida with Storm Surge, Winds, and Flooding
September 28, 2022, PM Update – Hurricane Warnings fly tonight along Florida’s northeast coast as Hurricane Ian remains a powerful Category 3 storm, forecast to slowly churn its way across a wide swatch of South Central Florida tonight and tomorrow. …
