from 2006 thru 2012, millions of dollars was paid out on Fraudulent claims on the Insurance industry, and the consumers had to pay for it with huge rate hikes as well.Now 11 more people from Fort lauderdale, Palm Beach and Miami plead guily to get less Jail time, but how will the consumers get reimbursed?? We wont and this still continues today. This will continue until we change from a No fault state. Only a handfull of No Fault States remain and I guess all of the Legislators in Tallahassee get paid so well from it, that they do not want to change it. Lobbyists bring big dollars and changing the law would hurt the money politicians currently receive so changes are not likely soon. Please enjoy the full article below and please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial and Life Insurance as well.
Thx,
http://www.sun-sentinel.com/news/sfl-eleven-charged-in-staged-accident-scheme-20130726,0,4235649.story
Fema is already broke and was funded 19 billion earlier this year, but we all now know that Flood rates will be on the rise for the next several years. The Federal Funding will be reduced and the prices will have to be actuarily sound!!!! This sounds like Citizens Insurance and another reason why Privatized Insurance will always work better in the long run. Please call L & S at 1-888-244-7400 for quotes on Home, Flood, Auto, Business & Commercial and Life Insurance products as well. Please enjoy the full article below as well;
http://www.insurancejournal.com/news/southeast/2013/07/26/299720.htm
A lot of people are never happy with how claims are settled so Robin Wescott, the Florida Consumer Advocate will try to help. Good luck to her, but they will meet later this month to discuss findings and make suggestions to lawmaker’s in Tall. for the next Legislative session in 2014. For now in Fort Lauderdale, we offer to help all aith issues of any kind. Please call L& S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial and Life Insurance products as well. Please enjoy the article below;
http://www.insurancejournal.com/news/southeast/2013/07/12/298302.htm
The Home Insurance Guru 