Page 20 - Universal Property News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As hurricane season approaches, 3 insurers canceling thousands of Florida customers Sun Sentinel 3 hrs ago Ron Hurtibise, South Florida Sun-Sentinel © Provided by Sun Sentinel As insurers continue to bemoan heavy claims losses and litigation costs in South and Central Florida, state insurance regulators are allowing three companies to cancel or not renew thousands of policies, forcing those jilted customers to find new coverage weeks before hurricane season begins. As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will ...

Three Florida based insurance companies will be canceling thousands of homeowner policies, in what state insurance regulators called an "extraordinary" measure to allow the companies to avoid financial collapse. Most of the canceled customers will have no choice but to turn to state-owned Citizens Property Insurance Corp., ratcheting up fears that Citizens' growth could make all Florida insurance customers vulnerable to surcharges if Citizens can't afford to pay all claims after a catastrophic hurricane season.

As hurricane season approaches, three insurers are canceling thousands of Florida customers Sun Sentinel 1 hr ago Ron Hurtibise, South Florida Sun-Sentinel © Provided by Sun Sentinel As insurers continue to bemoan heavy claims losses and litigation costs in South and Central Florida, state insurance regulators are allowing three companies to cancel or not renew thousands of policies, forcing those jilted customers to find new coverage weeks before hurricane season begins. As another hurricane season bears down on the state, more than 50,000 Florida home insurance customer...

On March 26, 2021, the Fourth District issued a ruling in the matter of   Jennifer Mezadieu v. Safepoint Insurance Company, which critically cemented the principle that ‘intentionality’ on the part of an insured is not a prerequisite for prevailing on material misrepresentations pursuant to the fraud or concealment provisions commonly found in homeowner insurance policies. Most impactful of all, the decision simultaneously established a new, prospective standard of conduct that insureds in Florida should expect to meet when defining their damages in future cases.  The underlying dispute...

Not that all this golfing activity made much difference to the quality of his game. Billy, known throughout the Sunshine Coast as ‘the Sign Man’ before his retirement from the sign writing business a few years ago, is, by his own admission, a golfer of modest ability. But in recent weeks something odd has happened. Billy Gill has found his golfing mojo. A couple of weeks ago, playing off a handicap of 19, Billy scored 43 points to win a Saturday stableford competition at Maroochy River. “It was just a fluke,” the modest Billy insisted. “Things went my way and I sunk a few putts.�...