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In the past six months, lawmakers across several states have proposed new limits on how public adjusters are compensated. Known as “fee caps,” these rules set a maximum percentage that an adjuster may charge on an insurance settlement. Supporters say caps protect consumers from excessive charges. But critics warn that these restrictions could backfire, making […]

Most policyholders rarely read the fine print of their insurance policies until disaster strikes. When a claim is filed, whether after a hailstorm, fire, or auto accident, many consumers find themselves overwhelmed by unfamiliar language, complex procedures, and a process that seems stacked against them. This lack of knowledge isn’t rare. A 2023 survey found

Florida state legislators are marketing SB76 as the solution to Floria’s insurance problems. Jim Boyd is among them and claims lawyers are incentivized to sue insurance companies in property damage cases. Carriers will be forced to pay excessive fees if they lose the case. If this lawsuit abuse can be controlled, rates will stabilize.  However,