This past Friday, Florida’s Emergency Management Director Kevin Guthrie led an online discussion of ways Floridians can “get ready” for today’s June 1 start of hurricane season. Guthrie has 30 years of experience in Public Safety and Emergency Management, including 23 years as a Jacksonville Police Officer and Emergency Preparedness Coordinator.
Guthrie has been consistent …
Hurricanes are just one threat to Floridians and the property insurance companies that strive to protect them. Another is costly claims practices pushed by excessive litigation. It’s driving the price of insurance up by double-digits for most everyone. While we wait for the Florida Legislature’s recently passed reform bill SB 76 to be …
Even with the Governor’s expected signature on property insurance reform, the bill’s effects will take 12-24 months to make their way through carriers’ books of business. In the meantime, some companies are reducing their Florida business to reduce the impact of increasingly expensive catastrophic reinsurance at this June 1 renewal period.…
The strict rules of claim-engagement for insurance companies in Florida to protect policy holders have contributed to a larger problem. Not long ago, the universe of post-loss ‘Claim Makers’ began to deploy new, more coordinated, guerilla tactics to better capitalize on insurers’ every-weakness, using policy-holders as cover. Adjusters marching in formation, with …
Congressional hearings got underway recently on long-term reauthorization of the National Flood Insurance Program (NFIP) and on what, if any, guidance Congress should give to FEMA on the NFIP’s new Risk Rating 2.0 pricing program set to take effect October 1. The program has been on short-term reauthorizations for many years …
The Florida Department of Financial Services (DFS) has scored another set of arrests in recent Workers’ Compensation fraud cases against Florida contractors that collectively amount to nearly $1 million in rightfully owed but illegally avoided insurance premiums.
The latest arrest was Damart Oshain Burnett, owner of Damart Builders Corporation in Miami, for …
The SolarWinds cyberattack on federal government agencies earlier this year, coupled with the recent Colonial Pipeline hack that led to gasoline shortages at the pump, has prompted a flurry of activity from the White House and Congress. That includes discussions with the insurance industry for data and solutions. But there’s …
We have had over a year of not hugging each other, shaking hands, or being near friends and family. Some experts think this “cold” behavior has harmed many, including students who weren’t physically able to attend school. We reflected on this more after reading about a teacher at Rigby Middle School in Jefferson County, Idaho …
