Insurance Maven Group - Rick Waldman

To be fair this should have been addressed a couple of year's ago ......

DeSantis called on to take immediate action to address Florida's insurance crisis State senator urges Governor to "come home and take care of your state"

Here is a step in the right direction regarding Homeowners Insurance .....

It's Time to Roll up Our Sleeves and Rebuild the Florida Insurance Market With the Florida legislative changes passed in December – prohibiting assignments of benefits and one-way attorney fees – there is now an opportunity to

At this point, all we can do is Pray .....................

Florida Gov. DeSantis Signs Bill Seeking to Stabilize Insurance Market Florida Gov. Ron DeSantis signed a sweeping property insurance bill on Friday. How much and when it will work to stabilize the stormy market are among the

Get FLOOD INSURANCE !!!!!

Requiring Citizens' Policyholders to Also Buy Flood Insurance Could Address Problems Problem: Less than 20% of Floridians in vulnerable areas carry flood insurance. Uninsured flood losses from Hurricane Ian are projected to be as high as

What's going on ?

Florida’s insurance rates have almost doubled over five years, yet insurance companies are still losing money — and the reason is more insidious than hurricanes Look at fraud and the number of lawsuits.

The ongoing Homeowners saga ............

AMBest Report Shows Florida Insurers Far Out of Line on Reinsurance Dependency Mango Questions State-Run Ratings Agency Idea Florida-domiciled property carriers are extremely reliant on the reinsurance market, making them vulnerable

Some insurance companies dropping Florida customers if they put solar panels on their homes ....

Some insurance companies dropping Florida customers if they put solar panels on their homes Some insurance companies that covered solar panels in the past are no longer writing new policies for solar power

Study finds insurance fraud costs at a record $308.6 billion annually Insurance fraud costs the US economy a record $308.6 billion annually according to a new comprehensive study by the Coalition Against Insurance Fraud, the first of its kind in more than 25 years.

Ouch !!!!!

Another property insurer exiting Florida’s troubled market United Property & Casualty Insurance Co. will exit Florida’s troubled homeowners’ insurance market, forcing customers to find new coverage as their policies come up for renewal, the insurer’s parent company said Thursday. The St. Petersburg-based United Insurance Holdings Corp. said it has fil...

30 Years Ago Andrew Upended Florida, But Current Legal Storm May Be Worse It was 30 years ago today that Hurricane Andrew, the strongest storm to make U.S. landfall in more than two decades, gouged its way across south Florida,

Not out of the woods yet .....................

F**A to Extend Assessment, Due to Southern Fidelity, Weston Failures Thanks to the mounting number of insolvencies of Florida property insurers in the last two years, the Florida Insurance Guaranty Association will have to

Florida's Heritage, UPC Report Losses, Changes for Q2; No Word on UPC Sale Two major Florida P&C insurers have announced second-quarter financial results. The news is a mixed bag, and was not unexpected. In an earnings call