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Archive for August, 2014|Monthly archive page

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It’s a Healthy Market

In Florida, homeowner's insurance on August 25, 2014 at 1:32

 

Homeowners

There’s good news for Florida homeowners insurance – the market is the strongest it has been in 10 years. The bad news is that the general news focuses on the bad news!

The Ocala Star Banner took the time to report and clarify news about insurance failures. “These failures do not happen as frequently as claimed,” said Kevin McCarty, Florida’s insurance commissioner. He quotes the number of demises – far smaller than one would think – and provides insight into why some went under.

In a field of nearly 120 companies, 12 couldn’t sustain themselves. It doesn’t take a math genius to see that 90 percent of companies are doing well. 

Newspapers do their best to report facts and figures, but they often require more in-depth discussions. It’s not that you can’t believe everything you read, but you need to look further.

To read more about this click on the link:

 http://www.ocala.com/article/20140810/OPINION/140809696?p=1&tc=pg

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The National Association of Public Insurance Adjusters Teams Up With the Coalition Against Insurance Fraud

In Insurance Industry, Insurance News on August 18, 2014 at 1:32

When speaking about insurance there are always two sides of the business, one side includes the person with the insurance, while the other side underwrites the risks of that insurance and supervises the insurance for the policy holder. For the first time ever both sides have become one, to combat against insurance fraud. The Coalition Against Insurance Fraud is America’s only anti-fraud alliance speaking for consumers, insurance companies, government agencies and other insurance partners.

The Coalition supports and strengthens the mission to provide information, research and data, services and insight to define the voice of the anti-fraud community. As NAPIA joins as a new member of the Coalition Against Insurance Fraud, a new chapter of insurance protection begins. NAPIA is dedicated to their involvement in coalition activities and is enthusiastic about the new alliance.

For more information on this Coalition visit:

http://www.insurancefraud.org/about-us.htm#.U6GXtCjEZI4