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June 2016 Archives

Why is Citizens Property looking to raise rates in the tri-county area?

It's no secret that both state lawmakers and policyholders have always had a somewhat tenuous relationship with Citizens Property Insurance Corporation, the nonprofit government entity created back in 2002 as a means of providing property insurance to the owners of homes, condominiums and businesses here in the Sunshine State who cannot secure the necessary coverage on the private market.

Taking the initiative: Tips for locating a lost life insurance policy

Back in April, our blog reported on a new Florida law now in effect that's designed to combat unscrupulous tactics by insurance companies concerning payouts on life insurance policies. Specifically, the practice of insurance companies actively searching death records for annuity recipients in order to facilitate the stoppage of payments, while simultaneously making no effort to identify deceased policyholders whose unclaimed benefits could still be claimed by unwitting beneficiaries.

The ABCs of E&O insurance

In a series of ongoing posts, our blog discussed how important it is for prospective business owners to consider the degree to which they need to insulate themselves from financial loss and how valuable a commercial general liability insurance policy can be in this regard.

Is insurance for Airbnb or HomeAway hosts the next big thing?

Thanks to the power of the internet, those people looking to put a few extra dollars in their pocket have seemingly innumerable options. Indeed, they could sell some personal property gathering dust on eBay, become a driver for a ride-sharing company like Uber or Lyft, or even rent out their home when they're away through Airbnb or HomeAway.