For Immediate Release: July 31, 2017 Contact: Ashley Carr (850) 413–2842 As Tropical Storm Emily Drops Rain on Central Florida, Consumers Urged to Remain Alert TALLAHASSEE, Fla. – As waves of heavy rain stemming from Tropical Storm Emily cross the central corridor of Florida, Chief Financial Officer Jimmy Patronis reminds Floridians to remain…
Phil Buck, WTSP 3:16 PM. EDT July 25, 2017 TAMPA, FLA. – It’s a problem that affects almost anyone who owns or rents a home in Florida. Assignment of Benefits (AOB) fraud is costing thousands of people money even though they may not even know what it is or how they end up paying…
NEWS FROM THE OFFICE FOR IMMEDIATE RELEASE July 20, 2017 Contact Information: Amy Bogner/Karen Kees (850) 413-2515 press@floir.com Commissioner Altmaier Welcomes New Chief of Staff to the Office of Insurance Regulation TALLAHASSEE, Fla. – Florida Insurance Commissioner David Altmaier is pleased to announce the appointment of Michael Yaworsky as the new…
Miami Herald, July 16, 2017 BY ANDREA JANUTA ajanuta@miamiherald.com As South Floridians head into a hurricane season predicted to be busier-than-average, homeowners are wondering whether their insurers will pay up if their house is hit — and how to find out before a storm arrives. Marcelo Salup, a Coral Gables resident who owns a three-bedroom home…
Insurance Journal By Amy O’Connor | July 11, 2017 The Southeast has seen its fair share of natural disasters and flooding in the last several years, including two hurricanes in Florida last year – the first hurricanes to hit the state in more than a decade. But none of these events have come close to reaching the potential impact a…
Insurance Journal By Amy O’Connor | July 19, 2017 Florida’s home insurers hope the public doesn’t blame them as they implement rate increases, initiate coverage changes and nonrenew policies. They say they have no choice after the Florida Legislature for the fifth year in a row failed to address the crisis in water damage claims abuse. “We keep…
By David Shepardson | June 26, 2017 Insurance Journal Automakers are using tiny cameras, sensors to track drooping heads, steering wheel monitors and audible alerts to ensure drivers pay attention when using advanced driver assistance systems, like Tesla’s Autopilot, that allow drivers to take their hands off the wheel. In a report this week on the May 2016…
June 29, 2017 Insurance Journal Autonomous vehicle technology, a rise in on-demand transportation and a shifting of liability to manufacturers will shrink the auto insurance sector by more than 70 percent or $137 billion by 2050, according to updated research by KPMG. In a 2015 report, KPMG said the market would shrink by as much as…
By Adrienne Cutway – Web Editor Posted: 7:22 PM, June 28, 2017Updated: 7:25 PM, June 28, 2017 CASSELBERRY, Fla. – Casselberry police say scammers are targeting residents, trying to convince them to needlessly replace the windshields on their vehicles. A resident told police that two men came to her door claiming to work for the state government, insisting…
By Orlando Sentinel Editorial Board June 23, 2017 hen board members of the state’s largest property insurer unanimously endorsed a proposed set of premium hikes for 2018 averaging 5.3 percent at a meeting this week in Maitland, they could have been forgiven for adding, “We told you so.” Citizens Property Insurance Corp., the insurer of…