The Florida Office of Insurance Regulation ("OIR") and the Department of Financial Services ("DFS") advised today, September 8, 2016, that they have been made aware of a scam involving the unauthorized use of Florida Insurance Commissioner David Altmaier's name and position. A fraudulent email, appearing to be sent from Commissioner Altmaier, has been sent to [...]
Following the landfall of Hurricane Hermine, many Floridians are now beginning the process of notifying their insurance carrier of damaged property and items and taking steps to make temporary repairs to prevent additional damage. Read the entire article from the Tallahassee Democrat here
Having spent more than 27 years of my professional career reviewing and rating the financial stability of insurance companies, including the last 20 years focused on the stabilization of property insurance marketplaces in catastrophe prone jurisdictions such as Florida, Louisiana and Texas, I have a sense of Twain’s or Jefferson’s frustration. Read the entire article [...]
Assignments of benefits, commonly referred to as AOBs, are not fraudulent, and its use is not a crime. Yet in Florida, AOBs are the fastest-moving vehicles for fraudulent activity in homeowners’ insurance claims. While AOBs have been used in personal injury protection (PIP), auto glass, and health insurance claims for years, they are appearing with [...]
Several months ago, I got an insurance lesson from a marsupial. I was working in my home office one evening when I heard something in the attic. I didn't know what it was, but I knew I wanted it gone quickly. Read more from Florida Trend Executive Editor Mark Howard here
The arguments were familiar at a daylong forum in Boca Raton attended by 150 players in Florida's homeowner insurance rate crisis. Read more from the Sun-Sentinel here
Preparing to leave state government after 27 years, former Florida Insurance Commissioner Kevin McCarty warned that South Florida faces further property insurance rate increases if a solution isn't found to water claims abuses. Read more from the Sun-Sentinel here
Click below to view a Hurricane Preparedness 2016 segment from Tallahassee's WCTV, featuring FPCA Executive Director William Stander. Click here to view the segment
With property insurance companies blaming a rising tide of water loss claims for rate increases this year, Florida's insurance consumer advocate has scheduled a public forum next month in Boca Raton to look for a solution. Read more from the Sun-Sentinel here
Republican Party of Florida Chairman Blaise Ingoglia on Saturday selected the 15 delegates and 15 alternates chosen as at-large delegates who had yet to be determined to be part of the state’s contingent of 99 delegates that will represent the Sunshine State at the Republican National Convention. Read more from Florida Politics here