April 3, 2013

PIP Insurance and the bill that was passed last year could now be repealed by court ruling!

Posted by homeinsuranceguru under Auto Insurance, FEMA, Flood Insurance, Florida, Fort Lauderdale, Home Owners Insurance, Legislators, Tallahassee | Tags: , , , , , , , , , , , , |
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What a waste of taxpayer dollars last year to spend all the time to pass a bill when everyone knew that to repeal PIP is the only real solution to a lot of Fraud here in Florida. Fort Lauderdale and Miami are impacted the most, but all of Florida needs some rate decreases somewhere so making Florida a PIP state no more would be a better suggestion to all. Let’s see what the legislators in Tall. do now??  Please read the full article below from the Fort Lauderdale Sun Sentinal and written by the Tallahassee division, but sent to us by our friends at First State Insurance. Please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial Coverage and Life Insurance as well.

http://www.sun-sentinel.com/news/fl-pip-no-more-20130402,0,6803996.story

 

January 12, 2013

Car Insurance and staged accidents! Welcome to Fort Lauderdale and South Florida.

Posted by homeinsuranceguru under Auto Insurance, Flood Insurance, Florida, Fort Lauderdale, Fraud, Home Owners Insurance, Sun Sentinal | Tags: , , , , , , , , , , , |
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Check out Ana, just one of many who turn Florida into Fraudula.  You never know who you are dealing with and Ana has been doing this for a long time. All for money, she put her own 5 kids into harms way and asked them to even lie for her to the court so she would not go to prison. Apparantly a Judge and her children  saw differantly, thank god, and did the correct thing by locking her up and putting her kids in a safer environment. Too  bad it was only 6 1/2 years as she deserves more. This type of crime is why we pay so much for Car Insurance and why our sytem of No fault is crazy and needs to be changed. This also  shows that the bill signed into law in 2012 did nothing and it will still continue to get worse. Please enjoy the full article about Ana and her story  from the Fort Lauderdale Sun Sentinal and sent to us from our friends at First State Insurance. Please call L & S at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial, and Life Insurance quotes as well.

http://www.sun-sentinel.com/about/tribune-search/fl-staged-accidents-with-kids-20130110,0,5425652.story

 

January 5, 2013

Citizens Home Insurance President Barry Gilway talks about 2013 plans for Citizens.

Posted by homeinsuranceguru under Auto Insurance, Barry Gilway, Citizens Insurance, FEMA, Flood Insurance, Florida, Fort Lauderdale, Home Owners Insurance, Sun Sentinal | Tags: , , , , , , , , , , , |
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I still think Citizens does not know what they want to do. Mr. Gilway says that depopulation must occur, but we cannot offend anyone in doing so and hurt the consumer. I agree, but something must be done. A new Keep out plan is in place with hundreds of thousands  more depopulations scheduled already. Keep out means that when you sign up with Citizens an admitted carrier might become available to you and you will be told to not be in Citizens and go to that carrier. This has been tried in the past and failed beacise of many issues, but perhaps this time they may get it right. This article has alot of good info that I have been discussing for many months now, but it is  good reading. Please enjoy the article from the Fort Lauderdale Sun Sentinal and sent to us by our friends at First State Insurance. Please call L & S at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial and Life Inurance as well.

 

 

December 13, 2012

Citizens Home Insurance events unfold fast and Furious.

Posted by homeinsuranceguru under Auto Insurance, Barry Gilway, Citizens Insurance, FEMA, Flood Insurance, Florida, Fort Lauderdale, Governor, Governor Rick Scott, Home Owners Insurance, Rick Scott GOP, Senator Fasano, Sun Sentinal | Tags: , , , , , , , , , , , , , , |
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Investigations, accusations, Governor Rick Scott,Barry Gilway, State Rep Frank Artilles,State Rep Mike  Fasano, A National Cat Fund and The Blame game are all in this article from the Fort Lauderdale Sun Sentinal, and writtten by Charlotte Greenberg and sent to me by our friends at First State Insurance. This is like, no This is, a Soap Opera clearly and all of us are the recipients of higher rates and mismangement and misconduct at a minimum. Please read the full article about Citizens Home Insurance and see what the next Legislative session in 2013 will be all about and then in 2014 new elections for  the Governor’s race as well. Please call L & S at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial Coverage and Life Insurance as well.

http://blogs.sun-sentinel.com/condoblog/2012/12/citizens%e2%80%99-events-unfold-fast-and-furious.html

 

December 3, 2012

Citizens Home Insurance, first Take out and now try to keep out again?

Posted by homeinsuranceguru under Auto Insurance, Barry Gilway, Citizens Insurance, Flood Insurance, Florida, Fort Lauderdale, Home Owners Insurance, Sun Sentinal | Tags: , , , , , , , , , , , |
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Citizens Insurance under Barry Gilway the CEO since mid year, will drop more than 300K policies this year, which is more than the last several years combined. But now, Citizens Insurance  will look to try a new plan of Keep out. Since they are receiving more than 8K policies per week, they must slow this down to get the numbers down in the Citizens Book of business. we should here more in the next several weeks as to the details of the plan, but if the business can go to the Private market then the consumer will be better off. The Citizens policy is one of the worst in the industry and they are not trying to be the bext policy either. Since our legislatire will not do what it takes to reduce Citizens, which is a huge rate hike, other programs must be tried and will likly succeed as well. Please read the full article below sent to us by our friends at First State Insurance and written by Michael Peltier of the Fort Lauderdale Sun Sentinal below.  Please call L & S at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Comercial, and Life Insurance as well.

http://www.sun-sentinel.com/business/fl-nsf-citizens-brokering-policies-20121130,0,2912492.story

 

November 30, 2012

Wind Mitigation forms,are they really accuarate on discounts we receive on our Home Insurance policies or not?

Posted by homeinsuranceguru under Auto Insurance, Flood Insurance, Florida, Fort Lauderdale, Home Owners Insurance, Sun Sentinal | Tags: , , , , , , , , , , |
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Ask Jack Stumpff who owns a Garage door company and is questioning why people are being denied coverage because of garage doors that are only Impact rated. Other doors also protect the homes quite successfully,but no credits are given because it does not meet the State levels.  Jack took his case to Tall. and against the Office of Insurance Regulation and he won the case. Now we should not think that it ends here as the OIR will now appeal the case and until the appeal is complete, which could take years, the form will be the same and no additional discounts will be given at this time. This story was written by Ariel Barkhurst of the Fort Lauderdale Sun Sentinal and brounght to us by our friend at First State Insurance. Please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business and Commercial and Life Insurance policies as well. Please enjoy the full story below;

http://www.sun-sentinel.com/business/fl-hurricane-insurance-forms-20121127,0,3577041.story

 

November 6, 2012

PIP Insurance Fraud-A Fort Lauderdale Chiropractor pleads guilty.

Posted by homeinsuranceguru under Auto Insurance, Flood Insurance, Florida, Fort Lauderdale, Fraud, Home Owners Insurance, Sun Sentinal | Tags: , , , , , , , , , , , , |
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The Fort Lauderdale Sun Sentinal has the article and it was sent to us by our friends at First State Insurance. If you want to know why we pay so much in car Insurance here in South Florida, please read about Fraud and how bad it really is. Think of the millions in false claims and what Insurance had to pay.  If people stopped thinking about themselves and did business the correct way, we would not be as bad as it is currently. PIP fraud must go away for all of us to see real reductions in Car Insurance rates. Please read the full article below and please call L & S Insurance at 1-888-244-7400 for all of your quotes on Home, Auto, Flood, Busienss & Commercial and Life Insurance quotes as well.

http://www.sun-sentinel.com/news/palm-beach/fl-chiropractor-plea-20121105,0,6968750.story

 

November 2, 2012

Home Insurance claims from Superstorm Sandy could affect rates in Fort Lauderdale and all Florida

Posted by homeinsuranceguru under Auto Insurance, FEMA, Flood Insurance, Florida, Fort Lauderdale, Home Owners Insurance, Reinsurance, Sun Sentinal | Tags: , , , , , , , , , , , , |
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How could this be? Well it is easy when you realize that this is a global world and Insurance companies all purchase re-insurance to protect themselves from disater’s like this one. No differant than a Sunami in Japan, when the reinsurer’s like Warren Buffet’s company get hit hard, they spread the risk and charge everyone else more to cover their losses which will definitely affect Florida Home Insurance rates in 2013. The increase could be as much as a 10% state wide average  on top of other rate hikes still to come next year so be Prepared for higher priices still next year. Please read the full article in the Fort Lauderdale Sun Sentinal below and sent to us by our friends at First State Insurance. Please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial and Life Insurance as well.

http://www.sun-sentinel.com/business/fl-insurance-20121031-8,0,2865075.story

 

September 28, 2012

State Farm Increases approved for Fort lauderdale and all of Florida.

Posted by homeinsuranceguru under Auto Insurance, Citizens Insurance, FEMA, Flood Insurance, Florida, Fort Lauderdale, Home Owners Insurance, OIR, State Farm updates | Tags: , , , , , , , , , , |
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State Farm had requested 14.9% increase  but was only approved at 6.4%. That  is not bad for the consumer except the damage was done by State Farm over the last 2 years with 4 additional increases and discounts being removed!  The Increase will begin 2/1/2012 so now we will see more Increases being approved  for other carriers  as well by the (OIR) Office of Insurance Regulation.Citizens Insurance will be at about 10%.Also, always remember that whatever the increase is, the rates in Fort lauderdale and All  of South Florida will always be about double that amount and other parts of North Florida will be the same or possibly lower.  Please read the full article below and call  L & S Insurance at 1-888-244-7400 for all of your quotes for home, Auto, Flood, Business & Commercial and Life Insurance quotes as well.

http://www.insurancejournal.com/news/southeast/2012/09/28/264749.htm

 

September 10, 2012

Citizens Insurance approves plan to remove another 350K policies and with the other’s now is the 500K goal!

Posted by homeinsuranceguru under Auto Insurance, Citizens Insurance, FEMA, Flood Insurance, Florida, Fort Lauderdale, Home Owners Insurance, Senator Fasano | Tags: , , , , , , , , , , , , , , |
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Using 350 Million from the reserves of Citizens over 10 years to Insurance companies. This will occur and once out, there should be no need to go back to Citizens. People will still be able to opt out and stay w/ Citizens. but there will be no reason to do that. The rates will be guaranteed to be no higher than Citizens would have been at the renewal. This is actually a good idea because money that will now be able to be used for the reserves on a 1 million policy company instead of a 1.5 million policy company. That reduction in policies will make the 6 billion in reserves currently a better fit if a Hurricane does hit and the reserves are needed. What will happen if a Hurricane hits this year or next, while the transition is occuring is not real clear to me yet, but time will tell. Please read the full article written by Paul Owers of the Fort Lauderdale Sun Sentinal and brought to us by our friends at First State Insurance. Please call L & S at 1-888-244-7400 for quotes on Home, Auto, Business & Commercial, Flood and even Life Insurance quotes as well.

http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2012/09/citizens_adopts_new_spending_p_1.html

 

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