Monumental Insurance Reform Tackles Lawsuit Abuse

House Bill 837 Includes Reforms for all Lines of Insurance TALLAHASSEE, Fla. (Feb. 15, 2023) – Today, comprehensive legislation was filed in the Florida House to address abusive litigation in Florida. House Bill 837, sponsored by House Judiciary Chair Tommy Gregory, R-Lakewood Ranch, comes a day after Governor DeSantis, Senate President Kathleen Passidomo, and House…

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Historic Legislation Passes to Stop Abusive Insurance Litigation

FOR IMMEDIATE RELEASE Historic Legislation Passes to Stop Abusive Insurance Litigation Senate Bill 2A to Create Stability in Market, Protect Consumers  TALLAHASSEE, Fla. (Dev. 14, 2022) – During a special session on insurance, Florida lawmakers today passed historic legislation that aggressively addresses problems deepening Florida’s property insurance market crisis. Senate Bill 2A now heads to…

Hidden Camera Investigation Reveals the High Cost of ‘Free’ Roof Offers

ORLANDO,Fla. — Action 9 exposed some bogus offers to replace home roofs for free. In a hidden camera investigation, Action 9’s Todd Ulrich found out how the offers drive up the cost of insurance. The fliers left on front doors may claim a roof is damaged, and can be replaced for free. Several homeowners contacted…

Assignment of Benefits Reform – Watch this Revealing Video

Florida homeowners are paying more in insurance premiums because of a scheme that abuses the “assignment of benefits” (AOB) law. In recent years, dishonest trial lawyers and contractors — generally water remediation firms, roofing contractors and plumbers — have come up with a new scheme involving AOBs and bilking the system. HB 669 and SB…

Assignment of Benefits: Demotech Analysis

Demotech, Inc., a Columbus Ohio based financial analysis and actuarial services company, was the first company to review and rate independent regional and specialty insurers.  Demotech reviews, rates and monitors more than 400 insurers countrywide, in all fifty states, including more than 50 insurers representing nearly 60% of Florida’s Homeowners’ insurance marketplace. The majority of…