The House Insurance & Banking Subcommittee held a calm, measured, largely drama-free discussion of assignment of benefits reform Wednesday. Read more from Florida Politics here
Chief Financial Officer Jeff Atwater on Thursday announced the arrest of a Miami man on charges that he posed as a licensed public adjuster to defraud Citizens Property Insurance Corp. of nearly $100,000 in inflated insurance claims. Read more from Florida Politics here
Insurance companies, for the most part, have been responsive to customers affected by two hurricanes that caused hundreds of millions of dollars in damage in Florida this year, state officials said Friday during a roundtable discussion with industry executives. Read more from News4Jax here
News reports mainly focused on coastal communities devastated by Hurricane Matthew. Read more from the St. Augustine Record here
Volusia County continues to have the highest number of Hurricane Matthew-related insurance claims in the state, with Flagler County ranking fifth. Read more from the Daytona Beach News-Journal here
Cracking down on shady contractors and attorneys is the Florida Office of Insurance Regulation’s top priority for the 2017 legislative session, but officials made clear Wednesday they intend to protect consumers’ rights in drafting their proposals. Read more from Florida Politics here
It’s been nearly a week since Hurricane Matthew ravaged the Southeast coast but the insurance industry’s job of responding to the devastation and assessing the total cost of damage from the storm is just beginning. With flood waters still rising in North Carolina, the industry is expecting to feel the effects of the storm for [...]
The economic toll for Hurricane Matthew's sideswipe on Florida's Atlantic coast and into the Carolinas will rise into the billions of dollars, with storm surge wreaking the most havoc and the tourism and agriculture industries hit hardest. Read more from the Tampa Bay Times here
Florida Property & Casualty Association offers Tips on Staying Safe, Getting Help and Making Claims Tallahassee, FL – The Florida Property & Casualty Association (FPCA), an industry trade group comprised of 19 Florida-based homeowners insurance companies, offers these tips for homeowners that have experienced property damage as a result of Hurricane Matthew. First, make sure [...]
WARNING TO FLORIDA HOMEOWNERS! If you suffer damage as a result of Hurricane Matthew do not sign over the benefits of your insurance policy to contractors. Do not sign an Assignment of Benefits form if asked to do so by a contractor. Signing over your benefits to a contractor causes an increase in costs for [...]