Florida Citizens’ Brass Tired of ‘Clickbait’ News on its Hurricane Claims Denials November 22, 2024 By William Rabb Officials with Florida’s Citizens Property Insurance Corp. took issue Thursday with a number of national and Florida news reports that...
Claims from Hurricane Milton Continue to Rise in Florida — 221K and Counting October 22, 2024 Almost two weeks after Hurricane Milton made landfall near Sarasota, Florida, as a Category 3 storm, claims and loss totals...
Milton’s 152,180 Claims So Far to Mean New Pressure on Reinsurance, Rate Hikes October 16, 2024 By William Rabb Property Insurance claims from Hurricane Milton had topped more than 152,180 by Monday, with some $1.9 billion in estimated insured...
Florida Office of Insurance Fines Heritage for Ian Claims Issues May 13, 2024 By William Rabb The Florida Office of Insurance Regulation in recent weeks has fined five property/casualty insurers, including Heritage Property & Casualty Insurance...
Fla. Insurers Imposing New Limits on Amounts Spent to Match Appearance October 23, 2023 By Jim Sams The Florida Office of Insurance Regulation has approved policy forms filed by at least eight property insurers that limit the...
Fla. Regulator Approves Roof Endorsements that Could Bar Non-Storm Claims June 8, 2023 By William Rabb Despite the Florida Legislature taking major steps to rein in the cost of roof claims and litigation, at least two...
Policyholders, Agents Say United Leaving Ian Claims in Limbo December 22, 2022 By William Rabb The Florida Legislature’s insurance rescue bill, approved last week, won’t take effect soon enough to help policyholders and insurance agents...
Fla. Courts Upholding Appraisal Clauses that Bar Assignment of Benefit Cases November 21, 2022 By William Rabb A Florida appeals court has upheld the dismissal of no fewer than 16 auto glass assignment-of-benefits lawsuits against Progressive Insurance...
Florida OIR Says Insurers Spent $3B on Legal Defense, 21 Insurers on Watch List July 22, 2022 By William Rabb In 2021, Florida’s domestic property insurers spent more than $3 billion on legal defense costs and containment – double the...
Universal Drops Conflicts of Interest Complaint About Public Adjusters October 8, 2021 By William Rabb The Florida property insurance community was abuzz this week after word got out that a closely watched complaint about some...