General Property Issues

Common ground was visible recently between public adjusters and insurer’s. A brief flicker, sure. But, it was there.

Sparked by an article from Dick Tutwiler, CPCLA, PCLA opining on coverage reductions for water losses, abuse of Assignment of Benefits (AOB) by water extraction companies and the unlicensed practice of public adjusting. [Read more…] about AOB…a flicker of common ground?

It’s Thursday, 2:15 in the afternoon. A Tallahassee plumber, who arrived at 9:00AM, has just left my home.

The result of a call from the utility company warning  of a potential water leak. My previous months water bill was $191.22 for 24,339 gallons of water (I had the sprinklers on every day).

But…since paying that bill I began hemorrhaging  nearly 128,610 gallons in three weeks at a cost of nearly $400.  And, I was told “… it’s still leaking!”

After checking the irrigation system (sprinklers) I discovered my worst water leak nightmare.  A pipe beneath the garage slab was leaking.  Water was pouring outside and into the neighbors yard.   Drywall was wet up to 18″ high.  Outside the brick wall was wet to the same height.  The fifteen year old indoor/outdoor garage carpet was soaked. [Read more…] about Water Extraction… Florida’s biggest cost driver?!

The curse of any perfectionist is in seeing only that which keeps perfection out of reach.  Never being thankful for what’s been gained. Never being satisfied with the status quo.

For me Florida’s improved property market is such a curse.  I’m a perfectionist.

The market, however, has it’s own curse–Charlie Crist’s overreaction to a temporary market adjustment. We were helpless as he stuck pins in the  industry voo-doo doll. Bragging as he did and chiding “…good riddance” to Florida’s future. [Read more…] about CHARLIE’S CURSE

My postings on this blog site are often driven by my opinions. Opinions based on facts from everywhere and input from anyone in command of those facts.

In this report on Peoples Trust (PTIC) I’ll stick only to the facts and comments (good and bad) from others and refrain from personal speculation, (yes,  it’s possible).

You decide what it all means, if anything.  Feel free to share your thoughts with a published response below or an email to me directly. [Read more…] about Peoples Trust…some very good questions!

No doubt Universal Property and Casualty Insurance Company (UPCIC) is thankful its’ fifteen minutes of infamy is almost over.  However, as is typical of some matters involving the media, complete closure may drag on a bit. [Read more…] about Post Loss Underwriting …A Tale of Two Pities!

State Insurance Consumer Advocate (ICA), Robin Westcott, has announced she will leave the public sector behind (See NOTE#1 below) but, upon her departure she also leaves behind a set of recommendations from the Homeowners’ Policy & Claims Bill of Rights Working Group, some of which could materially lower premiums for all Floridians…if implemented!  [Read more…] about ICA’s Final Report…more than meets the eye!