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Florida Third District Court Issues Opinion Regarding RM & Associates Consulting Vs. Citizens Property Insurance

Florida Third District Court Issues Opinion Regarding RM & Associates Consulting Vs. Citizens Property Insurance
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

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Western Pa. man reaffirms claims that improper flooring installation led to huge fire at his residence

Kelly | de Luca Levine
PITTSBURGH – A Western Pennsylvania man has reiterated claims that improper installation of flooring and the lack of oversight from a pair of contractors he hired, led to a fire erupting at his residence.
Giridhar Santebennur of Venetia first filed suit in the Allegheny County Court of Common Pleas on Jan. 26 versus Rusmur Floors, Inc. of Bridgeville and Benjamin Marcus Homes, LLC, of McMurray.
“Prior to September 2019, BMH was the general contractor overseeing the construction of the residential property located at 509 Villa Drive, Venetia, PA 15367. Prior to September 2019, BMH retained Rusmur to install flooring at the subject property,” the suit stated. ....

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Fla. Office of Insurance Regulation Issues Order Establishing 2021 Rates for Citizens Property Insurance Corp.

Fla. Office of Insurance Regulation Issues Order Establishing 2021 Rates for Citizens Property Insurance Corp.
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

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Florida property insurance reform still alive in Tallahassee

By
Mitch Perry
Florida
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A measure that aims to reform Florida’s property insurance industry was scheduled to get its last committee stop in the Florida House on Monday, but that vote in the Commerce Committee will now take place on Friday.
What You Need To Know
Bills in Tallahassee would prevent insurance companies from having to pay full amount to replace roofs
They would make it harder for homeowners to sue insurance companies
Supporters say the legislation won’t make rates drop right away, but it has to be done
Opponents say the measure goes to far
Republican Bob Rommel says the legislation (HB 305) is vital to deal with the “crisis” in the home property insurance industry, with rates going up 15%-30% annually for insurance companies in the state with “no end in sight.” ....

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Florida Regulator to Hold Hearing for Proposed Citizens' Rate Increases

Florida Regulator to Hold Hearing for Proposed Citizens’ Rate Increases
March 12, 2021
The Florida Office of Insurance Regulation will conduct a rate hearing on Monday, March 15 on proposed rate increases from Citizens Property Insurance Corp.
The hearing will be held virtually at 9 am EST and will include testimony and public comment on the insurer’s proposed rate filings.
The Citizens Board of Governors approved 2021 rate recommendations in January that call for a statewide average increase of 7.2% for personal lines policyholders – homeowners, condominium unit owners, mobile homeowners, dwelling, and renters. Homeowner policies would increase by an average 6.1%. Condo owners would see an average 9.4% increase. Renters rates would increase 4% on average. ....

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