Insurance reform group wants SEC probe of hedge fund manager’s comments (Sun Sentinel)

FORT LAUDERDALE, FL. March 30, 2016. An insurance reform group is asking the Securities and Exchange Commission to investigate a hedge fund manager’s November “short pitch,” which immediately preceded a 31 percent decline in the stock price of a Fort Lauderdale-based insurance company. Anthony Bozza, founder of Lakewood Capital, made false, incomplete or misleading statements…

Event: Preparing for Weather and Climate Risks with the PACE Funding Program.

Fort Lauderdale, FL. March 24th, 2016: Increasingly more homeowners and business owners throughout Florida are finding new ways to mitigate risks from severe storms and flooding. Others are considering energy improvements with efficiency projects and clean energy through creative financing options that this PACE (Property Assessed Clean Energy) program offers. Property owners interested in making…

FAIR informs SEC of false accusations that threaten Florida insurance consumers (Press Release)

Fort Lauderdale, FL – On behalf of property insurance consumers in Florida, the Florida Association for Insurance Reform (FAIR) has written to the US Securities and Exchange Commission regarding an incident that threatens the market and needs to be addressed. FAIR is demanding an investigation into Anthony Bozza’s “short pitch” on Universal Insurance Holdings, Inc.…

Citizens policy proposals draw opposition. Insurance reform advocates: Citizens changes are unfair to policyholders (Sun Sentinel).

FORT LAUDERDALE, FL. December 18, 2015 – The Florida Association of Insurance Reform joins the Florida Justice Association, a lobbying arm for trial lawyers, and the Florida Association of Public Insurance Adjusters in opposing Citizens’ changes. Policy changes approved by state-run Citizens Property Insurance Corp. last week would unfairly reduce coverage to repair homes damaged…

Condo Associations: Be Wary of Insuring Your Community through Unregulated Property Insurance Companies (Press Release)

FORT LAUDERDALE, FL – There is a dangerous trend in the property insurance market affecting commercial residential condos. Condo associations are increasingly becoming insured by unregulated or “surplus lines” companies. By doing so, they risk forfeiting a host of consumer protections against excessive rate hikes, reduced coverage levels, and good faith claims handling. They are…

Florida’s Insurance Commissioner and Demotech Popular Recipients of FAIR Awards (Press Release)

FORT LAUDERDALE, FL – Commissioner Kevin McCarty was honored with standing ovations from more than 170 corporate executives representing diverse industry sectors, as he received a Lifetime Achievement Award from FAIR, Florida Association for Insurance Reform. The presentation took place at FAIR’s third annual Awards Dinner and Gala on Thursday September 17 at the Kovens…

Florida’s Insurance Commissioner and Top Insurance Rating Firm Earn FAIR Awards (Press Release)

FORT LAUDERDALE, FL – Commissioner Kevin McCarty is being recognized with a Lifetime Achievement Award for his 27 years of public service, by FAIR, the Florida Association for Insurance Reform. Also being honored at the organization’s third annual awards dinner and gala are Joseph Petrelli and Sharon Romano Petrelli, founder and co-founder of the one…