Watch the Full Interview Florida is a catastrophe-prone state when it comes to weather, but the challenges that come from a non weather-catastrophe like the current COVID-19 pandemic bring about a host of new issues that Florida insurance agents are …
The Florida Office of Insurance Regulation (OIR) is directing all insurers to review and update their business continuity and/or continuity of operations plans in light of the current outbreak of coronavirus strain COVID-19. In a memorandum issued by OIR March …
Florida’s state of emergency due to the rapid spread of coronavirus in the state, and throughout the country, has created a need for many workers to work remotely. However, certain licensed insurance employees were restricted from doing so by a …
The page has finally turned on the tumultuous 2018 hurricane season, but for the agents who live and work in the Florida Panhandle the story isn’t over – personally or professionally. “We all still feel like we’re in hurricane mode …
Licensed insurance professionals working in the Florida Panhandle have been granted an extension of continuing education deadlines in an effort to help accelerate Hurricane Michael recovery efforts in the region, according to a statement from Chief Financial Officer Jimmy Patronis. …
Insurers are taking no chances in preparing for Hurricane Irma as the powerful category 5 storm slogs its way through the Caribbean, devastating the communities left in its wake on its potential path towards the U.S. Insurers made a full …
In September, Hurricane Hermine broke Florida’s hurricane drought that had lasted since 2005. The category 1 storm hit the Florida Panhandle, bringing significant storm surge to the Tampa Bay area before slowly traveling up the Eastern Seaboard. The storm weakened …
Assignment of benefits abuse has become such a well-known problem in the state of Florida this year that it now just goes by the nickname “AOB.” The issue with AOB comes from when a policyholder suffers a loss, such as …
The 11-year hurricane drought in Florida is officially over. While preliminary damage estimates and claims are still trickling in from Hurricane Hermine, Florida’s first named hurricane since 2005, the consensus from the insurance industry is it could have been a …
After review by the Florida Office of Insurance Regulation (OIR) and much criticism from Florida stakeholders, Florida-based Heritage Property & Casualty Company has withdrawn its request for an overall 14.9 percent increase of homeowners insurance rates in the state. The …
