Assignment of Benefits Lawsuit Trends in Property Insurance – 2004-2014
This chart outlines the Assignment of Benefits Lawsuits – Property Only from 2004-2014 Download Chart
Are Lawmakers Fearless, or Afraid of One NRA Lobbyist?
Today we get to gauge the courage of some of our state lawmakers. Are they fearless? Are they gallant? Are they bold and principled? Or are they afraid of one lobbyist in the gallery? At 1 this afternoon, the state House’s criminal justice subcommittee will discuss a bill that addresses the growing concern over homemade…
Uber, Drivers Fined $44,000 After County Sting
The popular ride-sharing service Uber and six of its drivers were fined more than $44,000 by Palm Beach County officials Thursday for operating illegally in the county’s southern region. Palm Beach County Assistant Administrator Vince Bonvento said the county’s consumer affairs division conducted a series of stings in Boca Raton and Delray Beach on Thursday,…
Safety First: Here are the 10 Vehicles with the Lowest Rates of Driver Deaths
The chances of dying in a crash in a late-model vehicle have fallen by more than one-third in three years, and improved vehicle designs and safety technology have a lot to do with the continuing decline, according to a new report by the Insurance Institute for Highway Safety (IIHS). Among 2011 models—the most recent year included in…
So What’s it Worth? The 4 Rules for Insuring Classic Cars
Americans have a love affair with classic cars. From James Bond’s Aston Martin to Thomas Magnum’s red Ferrari 308 GTS, some were iconic in their time and have since gone on to become famous classics. Consider the ’69 Chevrolet Camaro SS, the ’66 Ford Mustang GT or the Pontiac GTO Judge. These and others have…
They Insured What??? 10 Celebrities and Their Lucrative Body Parts
Taylor Swift sells out stadiums worldwide for her concert performances, and this country/pop princess knows what she’s gotta do to keep the cash ($64 million in 2014, according to Forbes) rolling in if an accident occurs. Insure her legs, of course. Outlets report that the 5’10” singer/songwriter insured her legs for $40 million this past week. Swift,…
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…
It’s House Fire Season: Here are the 8 Most Common Fire Hazards in the Home
A recent fire at a 16,000 square foot mansion on the waterfront in Anne Arundel County, Maryland, took the lives of six people including two grandparents and their four grandchildren. The cause of the fire, according to investigators, was a 16-foot tall Christmas tree that the owners left lit most of the time in the…
Later Presidential Primary Speeds to Approval
TALLAHASSEE, Fla. (AP) – Seeking to make Florida more “meaningful” in choosing a Republican presidential nominee, the Senate on Wednesday gave final approval to moving back the date of the state’s presidential primary elections. Senators, with little debate, unanimously backed a bill (HB 7035) that passed the House last week. It now goes to Gov.…
PIFF PRIORITY: Accuracy in Damages Legal Reform
The greatest element of economic damages in a personal injury lawsuit is often medical bills. In Florida, generally only the amount of medical treatment billed is admissible as evidence in trials. This is due to F.S. 768.76, which prohibits introduction of evidence regarding payments for medical expenses made on behalf of plaintiffs by collateral sources…