Month: July 2008

Tampa Tribune Calls For Explanation Regarding State Farm | Property Insurance Coverage Law Blog

The Tampa Tribune ran an editorial in today’s paper regarding the forty-seven percent average rate increase request made by State Farm. Many editorials are not very helpful. This one is on point and I hope that our government leaders are paying attention. Here is the editorial in its entirety:     Big Insurer’s Bid To …

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Snookered Again | Property Insurance Coverage Law Blog

When will our legislature learn not to trust insurance executives and, especially, their lobbyists?  Maybe when we vote insurance-beholden legislators out of office. The Tampa Tribune, St. Petersburg Times and Miami Herald ran front page stories regarding State Farm’s administrative request for an average rate increase of 47%.  At first I thought it was a …

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No Flood Insurance And Not Enough Insurance | Property Insurance Coverage Law Blog

  Two recurrent issues are keeping policyholders from full recovery following disasters.  First, policyholders are not getting flood insurance even though it is available.  Second, policyholders are not increasing the limits of coverage to reflect the full costs of construction or replacement. They are exposed to the risk of being significantly under-insured.   In Iowa, …

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Allstate Worst Insurer In America | Property Insurance Coverage Law Blog

The American Association for Justice conducted a study and concluded that Allstate Insurance is the worst insurer in America. (Click here to see a complete copy of the study)  The report speaks for itself, but it truly details some outrageous behavior and a claims culture that clearly favors Allstate’s pocketbook over beneficiaries.  I am often asked …

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Another Hurricane Bertha | Property Insurance Coverage Law Blog

Rarely do hurricanes which start as storms off the African coast make it all the way across the Atlantic to the United States in the hurricane months of June and July. The last one to do so was Hurricane Bertha in 1996. Some of my blogging meteorologist colleagues began following a huge weather wave last week. (You …

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