Archives for February 2022

In a state like Florida, where some attorneys and 3^rd parties are known to school each other in the development and use of intricate litigation schemes, it’s sometimes comforting to see just how far such “schooling” can go in other states.  Here, contractors are taught how to solicit claims or how to use enhanced invoicing techniques from attorneys bent on billable hours.  We also know in Florida that Public Adjusters school some attorneys on the value of demanding global settlements as a means to inflate the PA contingency fee and in exchange for hundreds of claim referrals worth millions to the attorney.

Teaching others to get the very most they can from the insurance mechanism was also the theme in JS contributor Barry Zalma’s article about a fraud teacher with some amazing chutzpah.  ENJOY! [Read more…] about Learning Insurance at…

I was particularly taken by a debate during Citizens Property Insurance Company (Citizens) December 15, 2021, Board of Governors meeting. You can and should watch it beginning precisely at the 42:07 mark on the Florida Channel .

Lead by Chairman Carlos Beruff (a real estate developer and home builder) board members discussed whether it’s financially more responsible for Citizens to forego the purchase of reinsurance in favor of bonds as a means to preserve surplus and reduce potential deficits.

[Read more…] about Insurance Experience Matters…

Lead by nearly 200 agents attending FAIA’s “Capitol Days”, Florida’s insurance industry converged in Tallahassee last week.

Agents have become the front line for Florida’s dreadful property market, absorbing consumer shrapnel like I’ve not seen in my 45 years dealing with such matters.  Along with many others, they appear quite fed up–their presence punctuated with placards exclaiming “There’s No Such Thing as a Free Roof!” and, my favorite…an airplane circling above towing a banner saying the same thing.

[Read more…] about ATTENTION FLORIDA LAWMAKERS—PART II