What is the latest in the ongoing litigation involving Citizens Property Insurance Co. As you may recall from previous blog posts, Citizens Property Insurance Company ("Citizens") has endured a string of lawsuits over the past several years within the state of...
Property Claims
Citizens Property Insurance Portfolio is Sinking
How can Florida residents protect their homes and businesses from storm damage? As was reported, Citizens Property Insurance Corporation's portfolio in Central Florida has plunged by 73 percent since 2012. The decline is part of the state's goal to reduce the risk to...
Top Florida Cases Involving Subrogation Claims
What are the most commonly-litigated subrogation matters in Florida?Subrogation is defined by Florida law as "the substitution of one person in the place of another with reference to a lawful claim or right." In the context of property insurance law, a subrogation...
Florida Property Insurers Pass Government “Stress Test”
If a Hurricane hits Florida, will my property insurer be able to pay my claim?A stress test recently performed by the state of Florida shows that 67 Florida-based insurance companies will be able to survive a future hurricane season. The publishing of the report has...
Florida’s State Insurance Carrier Aims to become more Consumer-Friendly after Complaints
My insurance carrier is not being forthright; what can I do?Numerous consumer complaints have prompted Citizens Property Insurance Company to acknowledge faults in the letters it has been sending to its customers. Citizens has been reaching out to customers en masse...
Florida Couple Sells Home with Sinkhole They Knew Was on the Property But Didn’t Reveal
What happens when a homeowner deceives the buyer about existing property damage?When the buyer of a home is lied to about existing damage on the property, the results to the new owner can be physically dangerous, emotionally devastating, and exorbitantly expensive.A...
Steep Increase in Water-Loss Claims in South Florida Keeps Local Insurance Rates From Lowering
Why aren't South Florida customers of state-run Citizens Property Insurance Company saving the same money as customers in other parts of Florida?There is a simple reason that South Florida customers of the state-run company, Citizens Property Insurance, are not...
New Report on Florida Cities Most In Danger of Storm Surge Damage
Which Florida cities are most vulnerable to storm surges, and why?As most Florida residents are aware, Florida is a state beset by hurricanes. Storm surges, as well as heavy wind and rain , can be responsible for enormous damage to homes, businesses, and other...
More Precise Weather Technology Assists in Validating Insurance Claims
With Danny, the first hurricane of the 2015 season, now underway, the new, state-of-the-art weather technology possessed by The National Storm Damage Center (NSC) is a timely and welcome addition to our informational resources. NSC declares itself to be the only...
Recent Case Regarding the Assignment of Benefits of a Property Insurance Policy to a Contractor is Decided by a Florida Appellate Court
Can I sign over my homeowners insurance benefits to a contractor? (continued...)We recently blogged about industry efforts to pass legislation that would stop insureds from signing over their insurance benefits to contractors. Such a practice is called...