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…