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Monthly Archives: October 2016

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Citizens’ depopulation efforts continue in Monroe County

Mon Oct 31st, 2016 on     Homeowners Insurance,    

Over the course of 2016, Citizens Property Insurance Corporation has made a series of announcements that could best be described as upbeat. For example, the state-run non-profit indicated early in the year that its catastrophe funds were carrying a balance of close to $17 billion in cash and bonds, such that it was “in the strongest financial position” since its inception back in 2002.

Helping hold insurance companies responsible for acting in bad faith

Tue Oct 25th, 2016 on     Bad Faith Insurance,    

While it can undoubtedly be painful to write out a check once a month, once every six months or once a year to cover an insurance premium, it can nevertheless grant you, the policyholder, much-needed peace of mind. Indeed, you might feel secure knowing that should the unexpected and the unfortunate occur, your best interests will be protected — at least from a financial perspective.

Citizens urging customers to look out for AOB scams post-Matthew

Mon Oct 10th, 2016 on     Homeowners Insurance,    

While the phones at state-run Citizens Property Insurance Corporation — the insurer of last resort for thousands of Florida property owners who cannot otherwise secure the necessary coverage on the private market — will undoubtedly be ringing off the hook in the coming weeks due to the fallout from Hurricane Matthew, officials want the call volume to be even higher.

Just how helpful is Florida’s insurance website for consumers?

Mon Oct 3rd, 2016 on     Insurance Law,    

While most people view their state’s department of insurance as the government agency tasked with everything from licensing and regulating insurers to addressing complaints and controlling rates, it’s important to understand that they also exist to educate consumers about this sometimes arcane topic, enabling them to make informed decisions about their policy coverage.

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