Archives for August 2012

AGENT FRAUD…Chip Merlin, again!

It feels like every time I begin looking for something to write about Chip Merlin bails me out with another blog.

In this case, after falsely accusing Citizens board of Governors of breaking the law, the head of a prominent sinkhole law firm alleged that insurance agents may be committing the crime of insurance fraud, via a blog he titled:

“Talk About Insurance Fraud, How About the Conduct of Some Insurance Agents?”  [Read more…]

CITIZENS, CONSUMER GROUPS & ROBIN HOOD!

 

Something extremely unusual, maybe even exceptional, happened last week.

At least one major daily published two side-by-side opinion pieces on Citizens.  While that part isn’t so unusual, what’s extremely rare is that even though they were each written by groups that are often opponents, both authors expressed virtually the same opinion, namely…

CITIZENS SUBSIDIES NEED TO END & ITS RATES NEED TO RISE! [Read more…]

AUTO RATES–The $1-Billion Lizard II

In my recent post on auto insurance titled; Agents vs. the $1-Billion Lizard, I compared the cost of paying agents to sell and service auto insurance with the advertising expense of internet providers like GEICO and Progressive.  Huge advertising expenditures, I said, were necessary for internet carriers to attract consumers to a website that only provided the opportunity for a sale. [Read more…]

AUTO PIP ANALYSIS–Be Careful!

This year’s No-Fault reform bill (HB-119) contained a $200,000 allocation to study its impact on PIP premiums going forward.  Media reports, I’m afraid, will leave consumers thinking their auto premiums will soon go down by 25%. [Read more…]

Andrew’s Anniversary–Serendipity for Independent Agents

Hurricane Andrew was a tropical nightmare.

What began as a middling storm measuring the shore from afar arrived as a 175 mph freight train leaving a wake of desolation eight miles wide. [Read more…]