Each week I have the privilege of talking to a handful of consumers who find me on the internet and want to share their story about the dire situation they are in because of a contract they signed. Part of my practice is to donate my time to listen and try to help by letting …
LMA NEWSLETTER April 19, 2021
Florida’s Insurance Litigation Factories
Consumers lose
Last week’s news from Florida Insurance Commissioner David Altmaier that our state has 8% of all homeowner’s claims in the U.S., yet 76% of all homeowners’ claims lawsuits is bad news for all Floridians. One media outlet, Florida Politics, decided to take a deeper dive into the trial lawyers driving the suits …
Bill Watch
Recap of Week 7 & Preview of Week 8 of Session
This past week saw no movement on the major property insurance initiatives to re-balance the market and increase consumer protections from those who prey on unsuspecting policyholders in litigation schemes that drive up homeowners rates for all Floridians. You will see below in our …
Florida Woman Nabbed in a $2 Million Life Insurance Scheme
8 insurance companies defrauded
A Florida landlord is accused of illegally making money on the side – to the tune of more than $200,000 – by taking out life insurance policies on her tenants and cashing-in when they died. Florida Attorney General Ashley Moody last week announced the arrest of Joyce Small for allegedly orchestrating …
Flood Digest
Record flood claims
The National Flood Insurance Program hit another claims payout record in 2020, along with news that Florida had five of the eight counties in the country accounting for half of all payouts. Meanwhile, one of those, Pinellas County, is awaiting its reward of lower rates for flood resilience efforts and now two …
Woofing to Work
“Bring your pet to work day” may not be as common as a Casual Friday around your workplace, but new polls suggest that pets may be allowed to return as co-workers alongside their owners in the post-pandemic office. It may come as no surprise that many of those individuals working from home over the last …