Month: May 2007

How are Florida industry officials responding to Gov. Crist’s criticism? | Property Insurance Coverage Law Blog

Florida Gov. Charlie Crist has not been gentle in his criticsm of insurers, so how are industry officials responding? Well the answer is, it depends on who you talk to.  Here are two very different responses according to Steve Tuckey of the National Underwriter: Cecil Pearce, American Insurance Association vice president says he understands the pressure Florida’s elected officials …

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National Catastrophe Fund Gains Congressional Support … But Is It Enough? | Property Insurance Coverage Law Blog

Since 1992 Florida’s representatives in Congress have been seeking a national catastrophe insurance fund. This year, though, there is hope the idea may be gaining support. The concept has evolved to the point that it may be more acceptable to states that aren’t disaster prone. And Hurricane Katrina’s devastation on Louisiana and Mississippi, combined with …

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Fla. Plaintiffs Settle with State Farm on Hurricane Damaged Screen Enclosures | Property Insurance Coverage Law Blog

A Broward County Court has approved a class action settlement on behalf of more than 12,000 State Farm Insurance policyholders in Florida who will receive 100 percent of the damages they requested in a $6.8 million settlement of claims filed last year in which they alleged the insurer refused to pay replacement costs of screen …

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About SRC Insurance Agency Blog | Property Insurance Coverage Law Blog

Since 1985, SRC Insurance Agency Blog has exclusively focused on Insurance Claim Presentation & Litigation, Insurance Coverage and Claim Disputes, and Insurance Bad Faith for both residential and commercial property insurance policyholders.  The firm’s goal is to ensure that insurance policyholders are treated fairly and adequately by insurance companies when they suffer a loss. It helps to …

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