Planning, Communications, Advocacy
You may remember my opinion about public adjusters who are paid a percentage of a claim also being allowed to act as “disinterested” appraisers under a policy’s appraisal clause. In June of 2020 I published an article (one which you should read titled Public Adjusters—How Interested are the Disinterested?) in which I said the practice may be on its way out.
In answering an important question like this it’s always smart to ask an expert with knowledge acquired from multiple perspectives. We reached out to JS contributor David Thompson, AAI, CPCU, CRIS to answer the age old insurance questions for umbrella policies… “How much is enough?” and “How much does enough cost?” [Read more…] about The Umbrella Fallacy…
While in the throes of sharing an opinion on the move by Citizens Board Chairman to bypass agents and go direct to consumers, I discovered that Kyle Ulrich had beaten me to the punch. As the President and CEO of the Florida Association of Insurance Agents he’s heard these bad idea’s before–usually, as in this case, from non-insurance folks. Reproduced here with permission are his thoughts on the subject. Enjoy!
[Read more…] about Citizens Direct to Consumer—Only the Facts
Yes, once again, the END IS NEAR! For a good summary of how we got to this point and the results of trials where both sides have presented their cases on allegations against attorney Scot Strems, you should read Collapse of an Evil Empire! Part XI—Making Sense of Things.
This report is about the most recent decision (September 28, 2021)–where the Bar alleges Contempt by Scot Strems for violating the Supreme Court’s June 9, 2020, Emergency Suspension of his license to practice law. [Read more…] about STREMS NOT GUILTY of CONTEMPT
Maybe not a landmark case, but this just released decision (August 31, 2021, U.S District Court, Miami) is important and affirming—especially for those in Florida who sell commercial property coverage or who counsel business owners on business income losses due to COVID. Johnson Strategies reached out to expert and JS contributor Barry Zalma, Esq. CFE for a summary, analysis and opinion. (See NOTE #4 below) [Read more…] about Another Shutdown Verdict
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.
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
Some trial lawyers, aggressive roofers, public adjusters (PA’s) and others partially responsible for Florida having three fourths of America’s property insurance lawsuits, are quite pleased with themselves right now.
NOTE: Johnson Strategies rarely publishes on matters relating to specific losses or disasters. But the Surfside Condo Collapse is an exception, not only due to the emotional nature of the event but also the unusual insurance implications. One of the most respected authorities on Property & Casualty matters in the US, Mr. Bill Wilson CPCU, ARM, AIM, AAM, has agreed to become a JS Contributor, and to share his thoughts. Please learn more about Bill’s amazing and storied career, how to order his books or subscribe to his services, via the JS Contributors listed on the side bar. [Read more…] about GUEST COLUMNIST–BILL WILSON, CPCU, ARM, AIM, AAM