FPCA Homeowners Division: Florida Senate Seeking Sinkhole Survey Draft Questions
Jul 26, 2010
To help the Florida Senate complete property insurance-related projects in the 2010 Legislative Interim Project Work Plan, Senate Committee on Banking and Insurance (“Committee”) legislative staff members have requested information from insurance industry groups and other interested parties. Projects include the examination and evaluation of issues such as public adjusters, defective drywall and sinkholes.
Specifically in regard to the sinkhole-related Interim Project, the Committee will be drafting a questionnaire with which to solicit sinkhole-specific information from insurance companies. In an effort to make the questionnaire as practicable as possible, Florida Property and Casualty Association (“FPCA”) members have an opportunity to help create the survey by providing suggestions on types of questions that would illustrate Florida’s sinkhole problems, as well as assist in the collection of productive information.
To read a description of the sinkhole project goals, click here (page 12).
Sample questions might include:
- How many sinkhole claims has your company experienced in the last 12 months?
- What is the average sinkhole claim loss compared with sinkhole premiums received?
- How many catastrophic ground cover collapse claims has your company received in the last 12 months?
- What expenses are associated with sinkhole or catastrophic ground cover collapse claims?
Note: Please forward your suggested sinkhole survey questions by Friday, July 30 to Trevor Mask (email@example.com) at Colodny Fass. The questions will be aggregated and presented to Senate legislative staff.
FPCA to Schedule Interim Projects Meeting With Senate Staff
Colodny Fass will be scheduling an imminent meeting with Senate staff members on behalf of the FPCA to discuss the insurance-related Senate Interim Projects. FPCA member participation in this meeting is encouraged. Additional information will be forthcoming.
Please be advised that FPCA member names and email contact information will be submitted to Senate Staff in advance of this meeting.