Few disagree with my prediction that if public adjusters succeed in overturning caps on their contingency fee’s there will be more of them with more incentive to file even more claims, justified or not. [Read more…]
Archives for February 2013
No doubt you’ve heard the idea of a clearinghouse for Citizens new applications and possibly even, renewals. It began making the rounds as early as last October and is now on the minds of lawmakers, Citizens and the industry as something that would not only help with the so called “Citizens problem” but, which might even be politically feasible. [Read more…]
They certainly don’t need any more bad press. Still…recent stories about public adjusters are instructive and may even warn of real challenges ahead for Florida’s tenuous property market. [Read more…]
This post may not sit well with some of my industry friends–Write Your Own (WYO) carriers and their agents ensconced in the current National Flood Insurance Program (NFIP) approach as prescribed by federal law.
But…those taking umbrage may find comfort knowing that, like all my other good idea’s, this one will be totally ignored by anyone in a position to implement it. [Read more…]