Posts Tagged ‘attorneys’

Public Adjusters Continue to Expand

In Florida, homeowner's insurance, Homeowners' Policy, Insurance on September 23, 2014 at 1:32

If you follow this blog, you’ll know that there is skepticism about some public adjusters.  While there are of course good, honest people in every occupation, homeowners must be aware that there is also a supply of PAs using homeowners’ damages for their own profits.

It’s important to check out PAs that are licensed, look into the reports on line for fraud, abuse or lack of resolutions.  Find ones that recognize that some of their colleagues may not be scrupulous.

Some public adjusters are national – others focus on just one state or just one region.

Research. Ask questions. Be diligent.

Check out the guide to recovery.


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:


Forecasters See Quiet Atlantic Hurricane Season

In Florida, Hurricane season, Hurricanes, Natural Disasters on June 11, 2014 at 1:32

Due to rising heat along the equator in the Pacific Oceans, researchers at Colorado State University predict that this will be the quietest Atlantic hurricane season in five years.

Phil Klotzbach, lead author of the forecast, said there will be nine named storms, with winds of at least 39 miles (63 kilometers) per hour, are expected to develop this year, with three of them growing into hurricanes and one becoming a major storm.

The likely development of El Nino in the Pacific and cool sea surface temperatures in the tropical Atlantic are possible explanations for the low forecast. The formation of El Nino is important because warm waters in the equatorial Pacific trigger atmospheric changes that lead to more wind shear across the tropical Atlantic. Shear is when winds at different altitudes blow in multiple directions or speeds and have the potential to tear apart the structure of a budding tropical system, weakening or breaking it apart.

The Atlantic hurricane season is watched closely by many industries, like energy, commodity and insurance, because of the effect hurricanes have on lives, property and markets in the U.S., Mexico and the Caribbean. The Gulf of Mexico is home to about 6 percent of U.S. natural gas output, 23 percent of oil production and more than 45 percent of petroleum refining capacity. Florida, which has been struck by more tropical systems than any other state, is the second-largest producer of oranges behind Brazil.

The last time the Atlantic produced only nine named storms was 2009, which was also a year in which an El Nino formed, according to the National Hurricane Center in Miami. That was the least number of such storms since 1997, which had eight.


Click here for more information.

Believe it or Not, Insurances Rates Decline – a Little

In Insurance, Insurance Costs, Insurance News, Insurance Rates on May 16, 2014 at 1:32

Property insurance rates are on the decline after steadily increasing for Florida homeowners over the past eight years.  Even without the widespread devastation associated with a major storm or hurricane system hitting the state, rates have climbed.

Now, reports show a reduction, primarily tied to reduced rates for reinsurance.  The rate decrease, which is anywhere between 2.4 to 9.2 percent, is helping relieve Floridians homeowners who already pay twice the national average in property insurance premiums.

Although many claim that this decrease is not enough, it could be a beginning to some long awaited relief in the continuous escalation in rates.  Advocates believe the problem isn’t simply hurricanes but also sinkholes – and consumers themselves.  The ubiquity of fraud only hurts homeowners.

With Mother Nature’s help and a focus on reducing frivolous lawsuits, homeowner insurance rates can decline.

Read more here.