By David and Kim Salmon, Esqs.
Long time, seasoned defense lawyer Kimberly Salmon prevailed on three consecutive motions for summary judgment on cast iron pipe cases. In Pantina v. Florida Peninsula Insurance Company before Judge Amy Williams in Pinellas County, …
Proof that costs are coming down, reforms working
Florida homeowners insurance rates continued their decline in 2024, ending the year with a net industry average decrease for the first time in two years. The Office of Insurance Regulation (OIR) fourth …
Missing: affordable reinsurance
More proposed rules are in the pipeline with a workshop tomorrow to implement some of Florida’s most recent property insurance market reforms, five insurance companies get the okay to takeout up to 186,000 policies from Citizens Insurance …
Looking good!
The December 2022 property insurance market reforms passed by the Florida Legislature are making a big difference already, with fewer and less severe non-hurricane claims and fewer daily lawsuits, according to Stacey Giulianti of Florida Peninsula Insurance Company. …
Claims costs, rates rising
The past two weeks have not been good for Florida’s homeowners insurance market – with some calling it “the beginning of the meltdown.” It’s essentially a growing culmination of four factors we’ve outlined in the pages …