New Initiative by Florida’s Insurance Consumer Advocate Targets Contractor Fraud March 9, 2021
In an effort to educate consumers about contractor fraud schemes that are contributing to increased insurance rates, Florida’s Insurance Consumer Advocate (ICA) Tasha Carter has launched a new educational initiative, Demolish Contractor Fraud: Steps to Avoid Falling Victim.
The new website includes information on how contractor fraud is committed; contractor prohibitions and unlicensed adjusting, as outlined in law; and how consumers are impacted.
“Deliberate deception and intentional acts of fraud are driving up insurance rates and harming consumers. Consumers are essentially paying more for less. The availability and accessibility of adequate insurance coverage is decreasing significantly,” said Carter. “I created Demolish Contractor Fraud to educate consumers on how to spot fraud and protect themselves from falling victim.”
Florida Legislative Session 2021: Insurance Bills to Watch
The Florida insurance industry will be fighting for property insurance reforms in the 60-day legislative session that kicked off this week, but there are several other insurance-related bills to watch.
Read on for a breakdown of the bills being considered by Florida lawmakers in the 2021 Florida Legislative Session:
Authorizes the Insurance Consumer Advocate to collect certain information from the entities issued a certificate of authority by the Office of Insurance Regulation. Aggregate information may include information asserted as trade secret information unless the trade secret information can be individually taken out.
Establishes a Statewide Office of Resiliency with the office of the governor that is headed by a chief resilience officer. Creates a statewide sea-level rise task force adjunct to the Office of Resiliency, to recommend projections of anticipated sea level rise and flooding impacts along coastline.
Regulators Weigh Citizens Property Insurance Rate Hikes usf.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usf.edu Daily Mail and Mail on Sunday newspapers.
Hearing set to discuss Citizensâ rate hike proposal Citizens Property Insurance Corp. customers may see higher rates. (Source: WAFB) By News Service of Florida Staff | February 26, 2021 at 10:34 AM EST - Updated February 26 at 10:34 AM
TALLAHASSEE, Fla. (News Service of Florida) - Florida regulators will hold an online public hearing March 11 about a proposal by the state-backed Citizens Property Insurance Corp. to raise rates later this year.
State Insurance Consumer Advocate Tasha Carter announced the Office of Insurance Regulation hearing in a Twitter post Thursday, saying she is seeking feedback from customers about the rate proposal.
Alarmed by a steady increase in people turning to Citizens for coverage, the insurerâs Board of Governors on Jan. 26 approved a proposal that would lead to various rate changes, depending on factors such as types of policies.