The Home Insurance Guru

Now let’s see if this 45 million is worth spending and if the product is ready on time. Already many people in Tallahassee are saying that 1/1/2014 is not likely but for 45Million, I would have huge expectations!!! Much to be seen as to how this really works, but time will tell. PLease enjoy the full article and please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial and Life Insurance products as well.

http://www.insurancejournal.com/news/southeast/2013/08/23/302700.htm

From your mouth to god’s ears I hope!!! I would not be waiting for this to happen, but it will be interesting to see how the Insurance carriers file for increases next year. Re Insurance is not so simple and there are many layer’s of it so simply saying rates are down does not always mean rates will drop as they should. Companies will be taking on more risk and exposure so they will need more protections to be sure they remain a viable company in the future. We are seeing the availability of more carriers being available to write the business, but let’s see if we start to see rate decreases. I believe we will still see increases next year at 10-20 % and then we may start to see decreases if thew claims side continues to Improve. Please read 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 products as well.

Thx,

http://www.globest.com/news/12_676/miami/asset_management/Why-Insurance-Rates-Will-Decline-in-2014-336851.html?ET=globest:e39920:35112a:&st=email&s=&cmp=gst:Florida_AM_20130821:editorial

Profits are up for Citizens, Risk is down and the surplus now exceeds 6.4 Billion, the best in years. According to Citizens Insurance President Barry Gilway, and the actuaries that run the software they expect a 52% decline in coverage for fraudulent claims for Sinkhole which is what they expected, but the actual risk is still there and more. The 6.6% increase is for Citizens and follows the Glide path rate hike rules, but this 24% is only for people who have Sinkhole coverage and if they want to keep it. My guess is many will start to drop the coverage and deal with it if it happens?? PLease read the full story below and please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial, and Life Insurance products as well.

http://www.insurancejournal.com/news/southeast/2013/08/21/302477.htm

Please read the story on Sink holes and see what you could be in for. Thank god here in Fort Lauderdale and most of South Florida, we do not have much of that activity. Sink Holes can be anywhere and we have seen them in West Broward and Dade counties so all should be carefull. Please enjoy the full article and also call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & COmmercial and Life Insurance products as well.

http://www.insurancejournal.com/news/southeast/2013/08/13/301554.htm

Many questions and many more answers that still lead to more questions. The one real question is our system is so bad and controlled by Tall. that no one knows where to begin. I still affirm that you cannot deal with one problem, the system needs major overhauling. This is not liklely tgo happen anytime soon, so those of us in Fort lauderdale, S. Florida and just paying to much for Insurance, there is still no relief in sight with this Governor!!!! Please read the full article below and please call L & S at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & COmmercial and Life Insurance products as well.

http://www.insurancejournal.com/news/southeast/2013/08/12/301486.htm

CFO Jeff Atwater together with the head of the OIR(Office of Insurance regulation) will start to look into this problem. The fact is that Insurance companies can buy more reinsurance to protect the assets they have in reserves and that cost can also be passed along to the Florida consumers. Governor Rick Scott will now also want to know because his re-election campaign is well under way and he will need a boost to his ratings that are terrible. If a solution can be found so South Florida will finally get some needed relief, he would be a hero. Everyone should call their Florida Senator and Congressman to make them aware of this problem soon. Please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial and Life & Health Insurance products as well. Please enjoy the full article below;

http://www.insurancejournal.com/news/southeast/2013/08/09/301306.htm

Pasco County Tax Appraiser??? Go figure, I am personally glad he will leave the Senate as he blocked many things that could have improved our Insurance sysytem! Good Luck Pasco County and let’s hope the new Senator will be better for all of us here in Florida. PLease call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial, and Life Insurance as well. Please enjoy the full article below;

http://www.insurancejournal.com/news/southeast/2013/08/07/301020.htm

Please read how you could be affected next year. If you need help L & S Insurance works with great healthcare professionals to help you and your clients. Please call us at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & COmmercial and Life & Health Insurance as well. Pleasae enjoy the full article below;

http://www.insurancejournal.com/news/southeast/2013/07/31/300105.htm