While Citizens says reform is working
Property reinsurance prices remain high with hurricane season rapidly approaching, Citizens Insurance reports encouraging market reform outcomes, a public adjuster faces a two-year suspension, plus a proposed change to the Emergency Adjuster licensing rule. …
Florida’s market instability continues
Another Florida property insurance company has decided not to renew thousands of policies, a public adjuster accused of repeatedly violating the state insurance code may lose his license, plus why we’re watching a potential special session …
Follows complaints by carriers
The Florida Department of Financial Services (DFS), the agency charged with fighting insurance fraud and other harmful practices, is going after a South Florida public adjuster that it accuses of a pattern of stonewalling insurance company …