Recently, my doctors said I have some health issues and that I need to behave and listen to them. My independent streak is a tough one but I am listening and doing what I’m told! To take my mind off the doctors and my health, I had the opportunity to hang out with these adorable …
There are growing calls this morning for the Florida Legislature to hold a special session to address meaningful property insurance reform that failed to pass when it adjourned two weeks ago. So far, legislative leaders and the Governor are hesitant to do so.
Miami Beach Mayor Dan Gelber, a former …
Someone else beating the incessant drum for a special legislative session is Joe Petrelli, President of Demotech, the ratings firm that provides financial analysis for many of Florida’s 52 domestic insurance carriers. He’s a respected voice and has the chops of 26 years’ experience reviewing our market. He sent …
Many policyholders from insolvent insurance companies and from the dozen other carriers who’ve simply stopped or reduced their writing in Florida are ending up at Citizens Property Insurance Corporation, the state-created and taxpayer-backed “insurer of last resort.” They number 5,500 per week on average. But here’s a shocker: Citizens is losing money. …
Olympus Insurance Company is challenging in court a decision by the Florida Office of Insurance Regulation (OIR) denying what the company says are reasonable limitations in its repair and replacement of damaged items to meet the state’s “matching” requirement. Florida law requires insurance companies to match covered, damaged property to …
Two co-owners of a Fort Myers roofing and construction firm were arrested earlier this month and charged with nine counts of insurance fraud for allegedly running a homeowner solicitation scheme offering free roof replacements in lieu of paying the insurance policy deductible.
According to the Department of Financial Services (DFS), Brian …
As we have emerged from the economic constrictions of the pandemic, life has resumed for most businesses and employees. Although we seem to have moved on, we may have retained some virtual mindset changes to the modes and methods by which people prefer to work. A recent poll conducted by Advanced Workplace Associates (AWA), a …
