Insurance, resilience bills emerging
With five weeks to go before the start of the regular 60-day Florida legislative session, some insurance bills are now being filed. One would further restrict bad-faith claims and public adjuster conduct, another would increase policyholder …
Last week, there were major public policy issues debated in the legislature, including expansion of school vouchers and tort reform. Regarding the tort reform bill, House Judiciary Chair Tommy Gregory and Representative Tom Fabricio led the HB 837 debate on …
End of Special Session on Property Insurance, Hurricane Ian Relief
The Florida Legislature ended its special session this afternoon (December 14, 2022) passing a package of reforms addressing the dire escalating issues in our property insurance market and providing economic …
Special Session on Property Insurance, Hurricane Ian Relief
The Florida Legislature this morning begins its scheduled week-long special session focused on addressing the dire escalating issues in our property insurance market and providing economic relief for Hurricane Ian victims. The …
New study reveals costly consumer consequences
The American Consumer Institute (ACI) has released a new study exposing what it calls “the perverse incentives” driving financial instability in Florida’s homeowner insurance market. It points to the state’s generous fee-shifting policy that …
And more than you think…
For millennia the legal system has been pretty much the same. Someone has a complaint, they hire a lawyer, and you get sued. You hire another lawyer, the lawyers exchange endless paperwork, and occasionally they …
Session preview
The Florida Legislature begins its 2020 session a week from tomorrow with the State of the State address by the Governor. While the automobile AOB bill has hit a bump in the road, there are other important insurance …
AOB cases shrinking; bad faith targeted
From talking with Hurricane Michael victims at recent insurance villages in Florida’s Panhandle, I know that Assignment of Benefits (AOB) abuse is one of the reasons for delays in getting needed repairs. There is …
Can insurance adjusters be held liable?
Still on the subject of bad faith insurance law, there’s a significant court ruling out of the state of Washington that held close attention for the insurance and specifically, the claims adjusting community. And …
Over the past couple weeks I had the privilege of speaking to two distinguished groups of insurance professionals. First, the Insurance Accounting and Systems Association (IASA)’s Sunshine Chapter met in Tampa for a packed day of discussion on what I …