We’ve all enjoyed a wonderful meal with colleagues. Especially after all the time we’ve spent isolated the past couple years, breaking bread is an incredible way to foster and deepen relationships with associates. And while restaurants are fine, have you ever considered the idea of entertaining co-workers or business clients in your home?
If your …
What a tumultuous two weeks it’s been for Florida’s property insurance market. While it reportedly reaffirmed “A” ratings for a majority of Florida’s domestic insurance companies, ratings agency Demotech downgraded three companies and pulled ratings altogether on two others, one of which was promptly sent to the Department of Financial Services …
The biggest concern recently explained by regulators about Florida insurance company rating downgrades has been the effect they may have on tens of thousands of federally-backed home mortgages in Florida, which require insurance companies be A-rated for the mortgaged properties they insure. Recall that the only industry in the country …
One of the keys to reforming Florida’s homeowners property insurance market is tackling the growing fraud by a small but determined number of contractors. State regulators report that a recent boost in the number of fraud investigators is definitely helping in the fight. Plus, there’s news of arrests in an …
In Florida, providing late notice of a claim can result in a rebuttal presumption of prejudice against the policyholder, requiring an insured to establish that a carrier has not, in fact, been prejudiced by the late reporting. Prejudice exists when an investigation has been made more difficult; it …
Florida’s Third District Court of Appeal has ruled in another case regarding untimely claims that you can’t put the cart before the horse – in this case, a court can’t compel appraisal without first holding an evidentiary hearing to determine if the policyholder complied with their post loss obligations …
Florida emergency management teams are in flood-ravaged Eastern Kentucky to help with the ongoing response; FEMA’s $1 billion resiliency and flood mitigation funding program has received applications totaling four times that amount; and Florida is getting $70 million to address the effects of climate change on transportation infrastructure and evacuation routes …
For his acts of kindness in service of Gold Star Families, Miami Resident David Kim was named ‘Veteran of the Year’ by the annual Military Times Service Members of the Year program at its award ceremony on July 12. The 56 year-old Miami and New York resident and his organization, Children of Fallen Patriots (CFP), …
