Category: Florida Insurance and Political Headlines

A restoration contractor company owner has been arrested over an alleged assignment of benefits (AOB) fraud scheme that impacted 19 homeowners in eight Florida counties and one Texas county, according to a statement from Florida Chief Financial Officer (CFO) Jimmy …

With hurricane season under way, home buyers who plan to get flood insurance through the federal government might want to speed up their purchasing process. Unless Congress takes action, the National Flood Insurance Program will lapse at midnight on July …

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 …

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” …

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

A business group has issued an alert, tied to the start of hurricane season Friday, warning insurance policyholders against jumping into assignment of benefits agreements with any contractors they might call to make storm repairs. Such AOB agreements aren’t necessary …

Karen Clark & Co. indicates that subtropical storm Alberto will be responsible for insured losses totaling about $50 million. The estimates include insured losses to residential, commercial, and industrial properties and autos. Alberto — the first named storm of the …

Just two days before the official start of hurricane season, Florida International University hosted the world premiere Wednesday of “BUILT TO LAST?,” a documentary that warns of risks to homes and other buildings in “the age of disaster.” “When someone …

Florida Gov. Rick Scott will travel to Puerto Rico today — his sixth visit since Hurricane Maria ripped through the island in September and killed an estimated 4,645 people. The governor’s office said late Wednesday that Scott was invited by …

The formation of Alberto last week marked an early start to hurricane season, but that doesn’t foretell anything about how active the Atlantic Basin will be this season. June 1 is the official start to hurricane season, but storms occasionally develop before then, …