Please call  Lee from Calles 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 the employer

As a board member of the MAAC committee in Florida for Citizens Insurance, I can conform this for sure. On top of all of the other carriers also trying to reduce exposure and cut the middle markets, where will people go to get Insurance coverage especially here in S. Florida. I work with Chaisteli Insurance for Property Coverage and together we  can offer help and be sure you understand all options.

 

Florida’s insurer of last resort Citizens Property Insurance Corporation will make shrinking its policyholder count a priority next year, despite potential headwinds that may come from Florida domestic carriers raising rates and restricting coverage.

Prompted by a request from Florida State Senator Jeff Brandes, the company announced at its December Board of Governors meeting that it will again seek input from independent evaluators to determine if there are exposure reduction or depopulation opportunities that can be identified for Citizens to further reduce its overall exposure and financial impact on the state.

Please enjoy the full article below;

https://www.insurancejournal.com/news/southeast/2019/12/20/552579.htm

 

Please call  Lee from L & S Insurance, Inc. 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.

A former licensed insurance agency owner was arrested in Florida after allegedly stealing more than $620,000 in insurance premiums, according to a statement from Florida Chief Financial Officer (CFO) Jimmy Patronis.

Orestes Valentin Rodriguez, owner of Blue Guard Insurance Group Inc., is accused of pocketing insurance premiums from a property management company representing a Miami homeowner’s association and never paying the association’s insurance.

Please enjoy the full article below;

https://www.insurancejournal.com/news/southeast/2019/03/29/522022.htm

Please call  Lee from L & S Insurance, Inc. 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.

More than $40.5 million was recovered for Florida insurance consumers in 2018, including $17.4 million recovered for Hurricane Michael victims, by the state’s Insurance Consumer Helpline, according to a statement from Florida CFO Jimmy Patronis.

Patronis said the Florida Department of Financial Services Insurance Consumer Helpline (1-877-MY-FL-CFO) received more than 297,500 calls for assistance and opened more than 22,500 complaints on behalf of consumers last year.

 

Please enjoy the full article below;

https://www.insurancejournal.com/news/southeast/2019/03/22/521395.htm

Please call  Lee from L & S Insurance, Inc. 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,

An unlicensed insurance adjuster has been arrested over unlicensed public adjusting activities and the filing of false and fraudulent liens on individuals’ homes following Hurricane Irma, according to a statement from the Florida Department of Financial Services.

Chief Financial Officer (CFO) Jimmy Patronis reported Mary Bruce is accused of stealing $14,000 in total from homeowners.

Following Hurricane Irma in September 2017, DFS investigators discovered that Bruce approached roofing companies and homeowners in Central Florida and falsely identified herself as a “claims manager.”

Bruce is alleged to have told homeowners she could increase prior hurricane insurance claim settlements up to $30,000, but would require homeowners to sign a Power of Attorney document in order to do so.

Once signed, Bruce submitted an adjusted claim to the insurance company, doubling the original cost estimates submitted previously. If the insurance company refused to pay the increased adjusted amount, Bruce would then place a lien on the homeowner’s property.

Bruce was arrested and booked into the Volusia County Jail on charges of unlicensed public adjuster and filing of false and fraudulent lien. If convicted, Bruce faces up to 10 years in prison

Please enjoy the full article below;

https://www.insurancejournal.com/news/southeast/2019/01/18/515155.htm

Please call Lee Gorodetsky at 954-270-7966 for free quotes on Home Insurance, Auto, Flood, Private Flood, Car, Business & Commercial, Life, Health, and all types of group and benefit programs.

An unlicensed contractor operating in the Florida Panhandle has been arrested by the Florida Disaster Fraud Action Strike Force (DFAST) for allegedly conducting roofing repairs following Hurricane Michael, according to a statement from Chief Financial Officer (CFO) Jimmy Patronis.

Ashley Porterfield, owner of Porterfield Building, was arrested Nov. 20 on charges of unlicensed contracting, a third-degree felony during a state of emergency. DFAST reportedly observed employees of Porterfield Building repairing a damaged roof while deployed to the Panhandle following Hurricane Michael.

Investigators made contact to verify the company had the proper licensure and workers’ compensation insurance coverage required by Florida law. It was discovered that Porterfield was not licensed to conduct business in the state.

“The Panhandle is recovering after Hurricane Michael, but unlicensed contractors could deal another blow to Florida families,” Patronis said. “Unlicensed activity puts Floridians in danger and takes business away from reputable contractors that follow the law. Before allowing anyone to make repairs, verify they have the required licenses and insurance. While hurricane season ends tomorrow, we will keep working to protect residents and business owners as they rebuild.”

Porterfield was and booked into the Bay County Jail and if convicted, could face up to 5 years in prison

Please enjoy the full article below;

https://www.insurancejournal.com/news/southeast/2018/12/06/511147.htm

Please call Lee from Acentria Insurance for free quotes on Home Insurance, Auto, Flood, Private Flood, Car, Business & Commercial and Life, health & group coverage as well.

A Florida man has been sentenced to more than a year in prison for his role in a $23 million auto insurance fraud involving chiropractors’ clinics.

The SunSentinel reports 55-year-old Jason Dalley wept in court April 16 as a judge sentenced him to spend a year and nine months in prison and pay more than $1.8 million in restitution

Dalley admitted he was part of a group of clinic owners, chiropractors and attorneys involved in the scheme. Court records show the fraud involving clinics in Broward, Palm Beach and Miami-Dade counties brought in at least $23 million from 10 insurance companies between 2010 and 2017.

Dalley ran a personal injury and criminal defense law firm in Boca Raton. He pleaded guilty to conspiring to commit health care, mail and wire fraud.

Please enjoy the full article below;

https://www.insurancejournal.com/news/southeast/2018/04/20/486981.htm

Please call L & S Insurance at 1-888-244-7400 for free quotes on Home Insurance, Auto, Flood, Private Flood, Business & Commercial & life & Financial products as well.

The Florida Office of Insurance Regulation (OIR) has given contingent approval for an overall statewide workers’ compensation rate increase of 14.5 percent to take effect Dec. 1, 2016. The rate increase is in response to two recent Supreme Court rulings undoing reforms passed in 2003 and rocking the state’s workers’ compensation system.

In the Sept. 27 order, OIR disapproved the National Council on Compensation Insurance’s (NCCI) filing for a 19.6 percent increase, on behalf of insurers, saying that much of an increase on new, renewal and outstanding policies was not justified.

Instead, OIR said NCCI could submit a revised filing for a 14.5 percent increase.

“After a thorough review of the workers’ compensation insurance rate filing submitted by the [NCCI] and careful consideration of hundreds of public comments and testimony received from interested stakeholders, [OIR] has issued an order that gives contingent approval to an overall combined average statewide rate increase of 14.5 percent versus the requested 19.6 percent,” OIR said in its statement.

OIR said approval of the revised rate increase is contingent on NCCI amending the filing to include the recommended changes stipulated within the order. The amended rate filing must be filed with OIR for review and approval no later than Oct. 4, 2016. NCCI said it would review the order and respond “in a timely manner.”

 

http://www.insurancejournal.com/news/southeast/2016/09/27/427642.htm