August 2019

Monthly Archive

August 22, 2019

Commentary: As Flood Threat Grows, Florida Must Mandate Flood Risk Disclosure. Lots of Risk in Fort Lauderdale and S. Florida

Posted by homeinsuranceguru under Auto Insurance, Citizens MAAC Committee, FEMA, Flood Insurance, Florida, Fort Lauderdale, Fraud, Home Owners Insurance, Hurricane Updates, Lee S. Gorodetsky LUTCF, Legislators, Public Ajustors, Your Insurance Consultant from L & S Insurance | Tags: , , , , , , , , , , , , , , , , |
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Please call  Lee from Calle Financial at 954-270-7966, Your Insurance Consultant  about Home Insurance, Auto, Flood, Private Flood, Car, Life Insurance & Financial Products, Business  & Commercial Policies, and Group Products for business owners to give Employees benefits at no

The climate is changing, and it has become abundantly clear that Florida is going to be badly damaged in the decades ahead.

With the state experiencing increasingly devastating effects of severe tropical weather and frequent flooding in some neighborhoods, there has never been a more important time for Floridians to have information that can inform their decisions, especially when it comes to purchasing or renting a home

cost to them.

Please enjoy the full article below;

https://www.insurancejournal.com/news/southeast/2019/08/14/535443.htm

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August 5, 2019

Challenges Facing the Florida Insurance Market: A Reinsurer’s Perspective. Watch out Fort Lauderdale and all of Florida for more rate Hikes.

Posted by homeinsuranceguru under Auto Insurance, CLF, Condo Insurance, FEMA, Flood Insurance, Florida, Fort Lauderdale, Fraud, Home Owners Insurance, Hurricane Updates, Insurance commissioner, Lee S. Gorodetsky LUTCF, Legislators, OIR, Public Ajustors, Tallahassee, Your Insurance Consultant from L & S Insurance | Tags: , , , , , , , , , , , , , , , , |
Leave a Comment 

Please call  Lee from Calle Financial at 954-270-7966, Your Insurance Consultant  about Home Insurance, Auto, Flood, Private Flood, Car, Life Insurance & Financial Products, Business  & Commercial Policies, and Group Products for business owners to give Employees benefits at no cost to them.

Hurricanes Irma and Michael served as a reminder that Florida, more than any other state, is at risk of one of the most intense natural perils, namely hurricanes. The existence of a stable insurance market providing its customers with a wide choice of affordable insurance is essential for the Florida economy to prosper.

Nonetheless, the Florida insurance market faces various challenges, the most critical from a reinsurance perspective being:

The litigious environment that is driving unprecedented social inflation threatening the affordability and availability of private insurance and impairing (re)insurers efforts to address existing insurance protection gaps with innovative products.

The need to enhance and consistently enforce building codes reflecting the latest scientific developments to create more resilient communities that will save lives and mitigate damage from catastrophes

Please enjoy the full article below;

https://www.insurancejournal.com/news/southeast/2019/07/30/534215.htm