AUTO NO-FAULT: “…and here we are again!”

I’m often critical of the Palm Beach Post. And, for good reason.

But…just because it far too often “gets it wrong” on property insurance, doesn’t mean I shouldn’t recognize when it gets it right on auto insurance. [Read more…]

Citizens vs Big Bubba’s Insurance!

Aside from a piece two years back about a public adjuster threatening to sue me, the blog I wrote November 18th, “Big Bubba’s Catfish & Insurer Ratings“, generated more commentary than anything I’ve published over the last four years. [Read more…]

BIG BUBBA’S CATFISH & INSURER RATINGS

Had a far ranging conversation recently with a friend and lobbyist regarding Florida’s domestic property carriers. He asked… “What can we do about agents that keep telling their clients domestic insurer’s are thinly capitalized?”

First, I reminded him that independent agents would never intentionally deride carrier’s in which they’ve placed clients. Makes no sense.

But, here’s the rub. [Read more…]

Assignment of Benefits…The Brewing Storm!

There’s a storm brewing! Widespread mistreatment of consumers by emergency remediators, mostly water extraction contractors and roofers, continues with no end in sight. Lured by the potential of huge payoffs with little chance of any consequences and enabled by Assignment of Benefits (AOB) they routinely kidnap the claim and leave premium payers with the ransom note. [Read more…]

Charlie’s “new” Plan & The Way We Were

You’ve already heard about Charlie Crist’s New Insurance Plan.  A rewrite of the historical record  ignoring some facts and distorting others to obfuscate damage from the first insurance plan he pushed through in early 2007. [Read more…]

AOB…a flicker of common ground?

Common ground was visible recently between public adjusters and insurer’s. A brief flicker, sure. But, it was there.

Sparked by an article from Dick Tutwiler, CPCLA, PCLA opining on coverage reductions for water losses, abuse of Assignment of Benefits (AOB) by water extraction companies and the unlicensed practice of public adjusting. [Read more…]

The Post…at any cost!

In an understandable attempt to close a painful chapter of ethical missteps, The Palm Beach Post editorial titled “Too much hot air in inflated homeowners market assessment”, gets it wrong….again.

And…AGAIN! [Read more…]

Barn Burners II

Last week you read of a hatchet job by the Palm Beach Post.  Writer Charles Elmore was hell bent on connecting the rates and underwriting of Citizens with the international travel necessary to save $233 million on reinsurance premiums.

Anything favorable to Citizens, or the reinsurance deal it secured, was sullied with Elmore’s fact selection, the words he put in the mouths of others, sales puffery he cut/pasted from travel brochures and spa pictures downloaded from the internet.

Not a good day for journalism.

[Read more…]

The Palm Beach Barn Burners!

Those with barrels of ink never really get their comeuppance.

But…when a major Florida daily that fancies itself an advocate for insurance consumers is accused by a leading advocate for insurance consumers of mistreating an insurance company, well…that’s about as close as it gets. [Read more…]

Water Extraction… Florida’s biggest cost driver?!

It’s Thursday, 2:15 in the afternoon. A Tallahassee plumber, who arrived at 9:00AM, has just left my home.

The result of a call from the utility company warning  of a potential water leak. My previous months water bill was $191.22 for 24,339 gallons of water (I had the sprinklers on every day).

But…since paying that bill I began hemorrhaging  nearly 128,610 gallons in three weeks at a cost of nearly $400.  And, I was told “… it’s still leaking!”

After checking the irrigation system (sprinklers) I discovered my worst water leak nightmare.  A pipe beneath the garage slab was leaking.  Water was pouring outside and into the neighbors yard.   Drywall was wet up to 18″ high.  Outside the brick wall was wet to the same height.  The fifteen year old indoor/outdoor garage carpet was soaked. [Read more…]