Florida’s Consumer Protection Coalition offers the following suggestions for what to do if your property has suffered hurricane damage: If your home or apartment suffers damage from Hurricane Matthew, contact your insurance agent or your insurance company first and as soon as possible. They are in the best position to assist you quickly. Do not…
Hurricane Matthew could be the first major test of claims-handling capabilities by numerous young insurance companies created since the 2004-05 run of hurricanes that ended with Wilma. And with Matthew’s path still uncertain but looking likely to impact the state, insurers are urging policyholders to protect themselves and their properties while assuring they stand ready…
October 4, 2016 Samantha Sexton – VP Legislative and Regulatory Affairs – Personal Insurance Federation of Florida With life-threatening rains expected to saturate Florida’s east coast, the Personal Insurance Federation of Florida urges consumers to brace for Hurricane Matthew’s approach. By preparing for the worst circumstances, homeowners can increase their odds of not only protecting…
Bloomberg.com Hermine, the first hurricane to strike Florida since 2005, probably caused less than $400 million in insured damage, according to risk-modeling company RMS. As much as 70 percent of the expense will be tied to residential properties, and insurers will also pay claims related to business interruption and vehicle damage, RMS said in a…
Palm Beach Post – Charles Elmore Florida’s more than 15 million drivers could save an average of $81 a car — if the state drops its costly and troubled no-fault Personal Injury Protection system after four decades, a study released Wednesday shows. That amounts to about $1 billion a year in savings for Florida households,…
For Immediate Release: CONSUMER ALERT: OFFICE OF INSURANCE REGULATION EMAIL SCAM TARGETING FLORIDIANS TALLAHASSEE, Fla. – The Office of Insurance Regulation (OIR) and the Department of Financial Services (DFS) have been made aware of a scam involving the unauthorized use of Insurance Commissioner David Altmaier’s name and position. A fraudulent email, appearing to be sent…
The Washington Post LONGWOOD, Fla. — Republican Bob Cortes was the first Puerto Rican mayor of this Orlando suburb. He became the first Puerto Rican from Seminole County to be elected to the state House. He doesn’t want to be the first Puerto Rican from the county to lose his seat. But the demographics are…
Palm Beach Post – August 30, 2016 State-backed Citizens Property Insurance Corp. is looking for a 9 percent increase from Palm Beach County homeowners – and an average 6.8 percent statewide – even though there hasn’t been a hurricane in more than 10 years. The reason has nothing to do with the ravages of nature.…
Steve Bousquet – Times/Herald Tallahassee Bureau On paper, state Rep. Mike Hill of Pensacola Beach looks like everything Republicans would want in a legislator. A captain in the Air Force, father of three and a State Farm agent with a grade of 97 out of 100 this year from the Florida Chamber of Commerce. Not…
Brendan Farrington, AP Political Writer TALLAHASSEE – Florida voters will go to the polls Tuesday and select the nominees for U.S. Senate, decide whether to amend the state constitution to give a property tax break to promote solar energy and have a say in who should represent them in the U.S. House. Here’s a look…