The hurricanes of 2004 devastated tens of thousands of homeowners and their families in central Florida. But for many, the shoddy treatment and lack of professionalism shown by insurance adjusters was worse than the storms themselves. Unfortunately, far too many insurance adjusters forget that Florida law imposes ethical obligations on them when dealing with policy holders with insurance...
The Florida Legislature has reauthorized the Florida Personal Injury Protection ("PIP") statute, which will become effective on January 1, 2008. One particular provision of the new PIP statute dealing with reimbursement of a claimant's attorney's fees is particularly interesting. In some cases, there may be no attorney's fees awarded at all. When a claimant files suit against his or her...
The State of Florida has suspended Allstate's license after the insurer refused to hand over documents subpoenaed by state insurance regulators. The documents had been requested after Allstate requested rate increases as high as 41%.The suspension follows a heated hearing earlier this week between Allstate and the regulators. What was supposed to be a two-day hearing before Florida insurance...
Florida Gov. Charlie Crist is investigating a possible class action suit against property insurers for failing to lower rates and pass on savings to insurers after receiving historic concessions from the Florida Legislature.In the face of massive lobbying by insurance companies begging for relief from several years of disasters and allegedly declining profits, the Florida Legislature in January...
The Florida Office of Insurance Regulation has filed an administrative complaint seeking to suspend Allstate's authority to write policies in Florida. This is the latest salvo in the battle between regulators and Allstate over Allstate's refusal to turn over documents or give straight answers to its request to increase rates as much as 41%.The regulators previously suspended Allstate's authority...
A path is being made in Washington to give the "forgotten survivors" of the holocaust the right to sue insurance companies in federal court. Red tape has prohibited thousands of holocaust survivors from getting insurance claim money that could help them to live the rest of their days and years in dignity. A South Florida congresswoman is sponsoring a bill that could help to cut the red tape...
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