Senate bill takes aim at natural disaster risk management

Thu Aug 18th, 2011 on     Insurance Claims,    

The National Flood Insurance Program (NFIP) is set to expire at the end of September. In light of recent budget debates, the fate of the program is uncertain, adding another insurance worry to Floridians’ plates. It was hard for residents here to watch the news coverage of the windstorm that took down stage rigging at a state fair — not from a lack of empathy, but from that sense memory of living through hours of 60- to 70-mile-an-hour winds and flooding that come with a hurricane.

Florida insurance chief disappointed lawsuit was dismissed

Sat Aug 6th, 2011 on     Insurance Claims,    

A federal judge ended the dispute between an insurance company and Florida’s insurance commissioner this week — for the moment. The judge dismissed the claim without prejudice, which means the insurance company can file again in the future. The case wasn’t about improper claim procedures or undue delay in paying claims. It was about an alleged personal vendetta.

Tuition insurance coverage questioned by mental health advocates

Mon Jul 25th, 2011 on     Insurance Claims,    

Miami parents who are getting their kids ready for college right now may not know of a financial planning tool available to them. Actually, it’s available to anyone in a private educational institution, kindergarten through the end of college. It is tuition insurance. But, like all insurance products, before you buy, you need to look closely at the fine print and figure out what is covered — and what is not covered.

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