Archives for July 2013

ICA’s Workshop…Referral Fee’s & Kickbacks!

Robin Westcott’s working group, the Homeowners’ Policy & Claims Bill of Rights Workshop,   concluded its deliberations Thursday, July 18th.  It was, in my opinion, a thorough and professionally conducted exercise that will yield many helpful recommendations. Hopefully  those recommendations will lead to better consumer education first, improved regulatory oversight second, and only if/when absolutely necessary…better laws.  You can watch the entire workshop: Day 1; here and Day 2 here.

One topic in need of far greater scrutiny but not included on the agenda is that of exorbitant referral fees paid by water extraction companies to plumbers. I know this sounds picayune, but…it’s not! [Read more…]

Florida’s Fraud Problem & the ICA’s Working Group

I’m hopeful that Insurance Consumer Advocate (ICA) Robin Westcott’s working group called, the Homeowners’ Policy & Claims Bill of Rights Working Group, will provide much needed information that will lower costs for Florida’s premium payers. I’m hopeful but, not yet convinced.

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PA Contingency Fee’s–NAPIA Responds

Response to my last post alleging that Florida’s contingency fee system for public adjusters is the “quintessential moral hazard” generated more than the usual commentary; all of it expected and much of it worthy of exploration.  None, however, was more worthy than a four page letter from the National Association of Public Insurance Adjusters (NAPIA) penned by Brian S. Goodman, General Counsel. [Read more…]