HB 1433 will keep MRP’s out of Texas. Everything is bigger in Texas, especially when it comes to hail and severe weather events. In fact, Texas continually ranks #1 for most natural disasters each year. Property damage insurance is a critical part of living in the Lone Star State – as is the ability for […]
HB 1433 Will Protect Policyholders In Texas Read More »
Florida policyholders have been promised lower insurance rates for years by legislators and lawmakers. As recently as 2019, a new law went into effect that aimed to reform the market and make coverage affordable. Known as the “AOB Law,” it was the most heavily lobbied bill during the session. It was primarily supported because carriers
Will HB305 And SB76 Lower Insurance Rates? Read More »
The roof reimbursement schedule proposed under SB76, HB 305, will leave Florida policyholders picking up the tab for what property insurance should cover. If the current legislation passes, homeowners with roofs 10+ years or older could lose coverage, have to pay out of pocket for repairs, or be forced to get a brand new one.
The Roof Reimbursement Schedule Impact FL Policyholders Read More »
To help consumers and small businesses receive equitable payments on insurance claims, Rep. La Shawn K. Ford is sponsoring legislation to help policyholders get fairly reimbursed for experts and consultants who help them make their case. “The passage of House Bill 142 would be a huge win for Illinois insurance policyholders,” said Rep. Ford, D-Chicago.
HB142 Helps Consumers Get Fair Insurance Claims Read More »
A key argument in most first party breach of contract cases is whether or not consequential damages can be recovered. Should damages that were caused by the breach of contract be awarded to the first-party claimant, even if those coverages are not listed in the policy? These types of cases blur the lines between breach
Breach Of Contract & Consequential Damages Read More »
The American Adjuster Association has a clearly defined message for what they are trying to accomplish for policyholders: Fairness and Balance. In short, equitable solutions for policyholders that have been underpaid on claims. Our message has been heard by members of the Illinois legislature, a very challenging state to get pro-consumer legislation. State Farm, Allstate,
Illinois HB0142 Seeks Fair & Balanced Payments For Property Damage Claims Read More »
Policyholders pay A LOT in insurance premiums each year. In fact, if you own a home, have kids, or if your employer does not provide health insurance, your annual premiums can be well over $1,000 per month just for basic auto, home and health coverage. With that level of financial commitment, most people expect any
Addressing The Insurance Claim Bad Faith Loophole Read More »
It is not uncommon for several insurance adjusters and experts to be involved in a property damage claim. Insurance carriers have their own inhouse team (people referred to as a carrier or desk adjusters) and regularly use Independent Adjusters (IA) during catastrophic events like a hurricane to manage a high volume of claims. Policyholders are
Adjuster Licensing Rules Creates Imbalance Of Power Read More »
Some industries have been getting insurance refunds for their premiums because of COVID closures, but it’s not the industries you’d think of.
Insurance Refund For COVID? Read More »
hief Financial Officer Jimmy Patronis held a press conference with victims of the Category 5 Hurricane to highlight legislation he says will help speed up the process.
New Consumer Protection Act In Florida Read More »
