I hope each of you are well and staying productive. One of my readers commented that his teenage daughters who never wanted to “hang out” with each other because of different interests have had a ball the past two weeks since they can’t go anywhere outside the four corners of their home! Silver linings. Share …
There’s lots to catch-up on with the coronavirus and Florida from a regulatory and economic impact perspective. We have a complete roundup of the latest insurance and financial regulatory guidance as well as Florida’s take of the federal relief plan and state-assistance programs underway.
On the regulatory front: The Florida …
As usual, every crisis has a connection to insurance. With hurricanes, the focus is primarily on property insurance, with business interruption coverage claims prevalent but not front page news. In our current situation, one can’t search “insurance and COVID-19” without seeing a discussion of whether a COVID-19 claim will be covered, with …
This past week’s Citizens Property Insurance Board meeting had several educational and helpful agenda items including one that could eventually change the face of Florida’s backup homeowners insurance market. Meanwhile, Demotech continues its review of the Florida domestic scene and there’s news that we are among the top states …
With the Florida Legislative session over, all that’s left is the Governor signing, vetoing, or allowing to die without his signature the 207 bills passed. They include 750 line items of local legislators’ projects totaling more than $400 million that are also open to veto. Lawmakers were constitutionally required …
The owner of Nationwide Public Adjusters based in Atlanta has been arrested for stealing $217,000 in insurance money from an Albany, Georgia business that was first walloped by Hurricane Michael. Steven Eric Chastain of Canton, Georgia was charged with two counts of theft by conversion. He was hired to handle …
Collier County Circuit Judge Hugh Hayes recently granted a Final Judgment for the insurance carrier in an appraisal case with the Strems Law Firm. Plaintiffs filed a water intrusion insurance claim for an event in 2015. The carrier accepted coverage for the claim and determined that the amount of loss was …
Well, folks, here in Florida we’re locking in and getting adjusted to this socially distanced lifestyle amidst the Coronavirus pandemic. Luckily we’re still able to move somewhat freely, unlike California and New York where 100% of the workforce is expected to work from home unless deemed essential. Nevertheless, “remote work” is becoming the norm for …
