Jun 6, 2018
Congressional efforts to curtail the federal government’s involvement in insurance regulation continue this week as a House panel is scheduled to consider a measure to trim the sails of the Federal Insurance Office (FIO). Rep. Sean Duffy, R-Wisc., chairman of …
Jun 6, 2018
Damaged roof tiles didn’t exceed your $6,000 deductible? Whip out the credit card. Evacuating and need gas and lodging? Hit the ATM on the way out of town. Now, homeowners can buy coverage that fills in those gaps. A new …
Jun 6, 2018
Last year was a rough hurricane season, from Harvey stalling on Houston, Irma traveling up Florida and Maria divesting Puerto Rico. What are the lessons we learned from the 2017 hurricane season? We learned a great deal of positive “lessons” …
Jun 5, 2018 | By Amy Koltnow
An insurer afforded coverage for the insureds’ property damage from Hurricane Wilma and issued payment for the cost to replace the roof, repair damage to the interior and replace a cracked window. The insureds cashed the check but did not …
Jun 5, 2018 | By Amy Koltnow
Colodny Fass shareholder Amy Koltnow obtained a significant appellate victory for insurers in a case involving a late-reported water back-up claim. The insureds reported the claim over one year after the plumbing had been repaired and the bathroom had been renovated. …
Jun 5, 2018
Hurricanes and significant weather events create opportunities for unscrupulous contractors and their attorneys to take advantage of Assignment of Benefits, or AOB, when dealing with insurance claims. By pressuring consumers into signing an AOB, they take control of an insurance …
Jun 4, 2018
If Florida is hit with a major hurricane this season, 459,000 homes in Tampa Bay could be at risk for damage by storm surge, the third-most among major metro areas. And rebuilding them all could top $79 billion. According to …
Jun 4, 2018
The Top 25 Florida health insurance providers earned a combined $18.84 billion in direct premium in 2016. Read more at South Florida Business Journal
Jun 4, 2018
The U.S. Department of Transportation will provide more than $277 million to help hurricane-damaged public transportation in Texas, Florida, Georgia, Puerto Rico and the U.S. Virgin islands. The funding announced Thursday is earmarked for response and rebuilding projects related to …
Jun 1, 2018
The 2018 hurricane season is officially underway, even as the dust continues to settle on the 2017 hurricane season — one of the costliest hurricane years on record — that brought devastation to Florida from Hurricane Irma. Irma first hit …