AOBs rising
The Restoration Association of Florida loses the second of its three lawsuits in state court that tried to overturn the legislature’s past insurance consumer protections, one company reports Assignment of Benefits (AOB) lawsuits are up 100%, and veteran …
New insights on claims
Hurricane Ian, the more expensive of the two Florida hurricanes in terms of both human life and property, continues to grow more so and is now expected to have broader impacts on both the environment and …
Organizational & special sessions ahead
Fresh off the elections, the new Florida Legislature is back at the state Capitol tomorrow for its organizational meeting to swear-in new members and leaders. The one-day session is largely ceremonial. Republicans now have a …
This past election day, I had the privilege of addressing the Pensacola Association of Realtors who are gravely concerned about the rising costs of property insurance and even more interested in how to “fix” the problems faced by their real …
Agent Fraud, statewide policy data revealed
A Florida appeals court has weighed-in on a water damage case concerning an Assignment of Benefits (AOB) claim, a South Florida insurance agent has been arrested for insurance premium fraud, and the Florida Office …
Special session on Ian & the property insurance market
The economic losses continue to mount as well in Southwest Florida, with total hospitality layoffs now topping 1,000 and growing. Providing more economic relief there is one of the reasons Governor …
Property insurance reform likely
The problems created by Hurricane Ian have prompted Governor DeSantis to call a special session of the Florida Legislature for December to provide property tax relief to victims and address our ongoing property insurance issues. CFO …
Many of you have spent time in areas devastated by Hurricane Ian. The stories you have shared are both heartbreaking and inspirational. The heartbreaking ones typically deal with, besides the resident’s physical loss, commentary from homeowners who said “they kept …
The AOB game continues
Just a few days before Hurricane Ian struck, the sixth Florida homeowners insurance company this year was declared insolvent by regulators. Meanwhile Richie Kidwell and his Air Quality Assessors lose another AOB case in court, while …
Fraud warnings sounded early
Less than 24 hours after Hurricane Ian made landfall, Governor DeSantis, CFO Jimmy Patronis, and local law enforcement authorities were warning the public about fraud and unlawful contractor solicitation they may encounter during the cleanup. There’s …