Leveling the playing field
One of the elements credited in the evolving success of Florida’s recent property insurance reforms is data collection and reporting. Property insurance companies are required to provide regulators with specific data on litigated claims. The number …
A conversation with a lawmaker & a litigation analyst
Roofers – and especially their attorneys – played prominently into my conversation last week with state Representative David Smith (R-Winter Springs) and CaseGlide CEO Wesley Todd which we recorded for the …
Despite past reforms
In another ominous sign that the consumer insurance protections in last year’s SB 76 aren’t enough, insurance litigation is back on the rise in a big way. CaseGlide reports that the 17 largest property & casualty insurance …
Solicitations, AOBs, claims lawsuits all rising
Solicitors with offers to fix roofs and homes damaged in the recent tornadoes in Lee and Charlotte Counties in Southwest Florida have been out in full display in those neighborhoods. The news media in …
Exposure doubled
A few hours before that Senate Banking and Insurance Committee meeting, one of the two recipients of private admitted market policies was having a meeting of its own. The Citizens Property Insurance Corporation Board of Governors was getting …
Dark clouds on financial filings
The second quarter financials from insurance companies doing business in Florida were due this past Friday to the Florida Office of Insurance Regulation (OIR) and we are awaiting a cumulative report on underwriting gains/losses. The …
AOB abuse is costing $400 per Florida homeowner
The Florida House of Representatives on Wednesday will take up its version of Assignment of Benefits (AOB) reform which now includes a late amendment adding a data component to quantify future savings …