LMA NEWSLETTER August 31, 2020

No Free Lunch (or Roof)

Once again we saw another major hurricane pass by Florida last week and our hearts go out to our neighbors in Louisiana suffering from Hurricane Laura’s destruction.  Our time may be coming though, as Colorado State University has put Florida’s odds of a hurricane landfall this season at 68% versus the historical 51% probability.  NOAA …

Florida Bar v. Scot Strems

Strems cited for contempt

The Florida Bar this past Friday filed a third case against Scot Strems in the Florida Supreme Court, accusing the suspended plaintiff insurance attorney of contempt by continuing to practice law after his Supreme Court suspension on June 9.  Also last week, the Court approved the referee report and denied Strems’ …

Insurance Company Loses AOB Argument

Supreme Court asked to review

The Florida Supreme Court is being asked to weigh in again on an insurance claims case involving an Assignment of Benefits (AOB) contract between a contractor and a homeowner.  It follows a recent ruling by Florida’s Fifth District Court of Appeal against an insurance company that refused to make insurance …

Contractor & Henchmen Sentenced in Hurricane Scam

Con invoked Christian values

Three Tampa area men who made the six-hour trip to the Panhandle to supposedly help elderly Hurricane Michael victims repair their damaged homes have been sentenced to 30-37 months in federal prison and will have to pay nearly $1 million in combined restitution to the victims of their scam.

The feds …

Coronavirus & the Florida Market

Insurance companies prevailing

Two significant business interruption (BI) insurance claim cases here in Florida – one which builds on the other – were recently decided in favor of the insurance companies.  Together, they’re expected to make it significantly difficult to prove coronavirus-related BI claims.  To date, no Florida court has ruled that coverage exists for …

For Sale, With Flood Risk

Real estate website provides answers

The popular real estate website Realtor.com has done a great public service by recently adding flood risk to its listing of homes across the nation – both those currently for sale and those off the market.  As those of us who work in insurance and disaster management know, too many …

Don’t Tell Me How to Drive!

Better behavior sometimes temporary

We’ve all seen them and some of us have used them – those electronic modules provided by your auto insurance company that you plug into the port under your car’s dashboard that monitors, records, and reports your driving behavior to the insurer.  The idea is that better drivers will get –and …

The She-Shed Home Office

With summer on its way out and the fall work cycle beginning, many of us who have been and will remain working from home have hopefully experimented with new ways of adjusting to a home-work life.  Still, distractions abound regardless of whether we’ve found our methods of handling them.  Some homeowners have discovered a new …