Archives for August 2021

In April of this year the National Flood Insurance Program (NFIP) released information on what it called Risk Rating 2.0.  Since the announcement, articles, papers, opinions and coverage from industry trade magazines have rendered differing points of view on what will happen, ultimately, to both coverage and pricing in both Federal and private Flood programs.  Johnson Strategies, LLC reached out to the FAIR Foundation for the most definitive and comprehensive information, from a wide array of sources. See list below.

Here, with permission from the FAIR Foundation, Johnson Strategies offers the following overview and summary of what has transpired with respect to Risk Rating 2.0 from FEMA/NFIP and what property owners and agents can expect as the new program slowly unfolds in October of 2021.

[Read more…] about FEMA’s Risk Rating 2.0: Property Owner Impacts

Speaking of Public Adjusters and the contribution too many of them make to Florida’s property insurance fraud problem, a recent petition delivered to the Department of Financial Services (DFS) may be instructive for those of us paying the highest homeowner premiums in America.

[Read more…] about PUBLIC ADJUSTERS—All in the Family

By whatever name, and for whatever reason, Florida COVID-19 cases are on the rise–temporarily perhaps, with a lower death rate for sure, but… rising none the less.

A recent verdict (August 3, 2021) regarding a New Orleans restaurant (Galatoire’s pictured above) that sued its’ insurer alleging a COVID infected employee contaminated the food it served, has thus become pertinent and instructive for those in Florida who sell and advise others on insurance matters.

Johnson Strategies reached out to expert and JS contributor Barry Zalma, Esq. CFE for a summary,  analysis and opinion regarding this landmark decision. [Read more…] about Restaurants & COVID-19 Shutdowns