Archives for April 2015

State Farm sheds 10% of Fla. policies in past year

State Farm, once Florida’s largest home insurer, has parted ways with about one in 10 of its remaining homeowners, or more than 40,000, in the year since announcing it is writing new business in the state again, according to data requested by The Palm Beach Post. James Savage said he “almost blew an artery” when […]

FAA gives insurance giant AIG approval to replace human inspectors with drones

Every year, in big cities and small town across the US, insurance inspectors scramble up onto the roofs of buildings to check for storm damage and venture into structures ravaged by natural disasters. In the otherwise boring world of processing and paying claims, this field work can actually be quite dangerous. Which is why the […]

Fla. property insurance documents enter computer age

TALLAHASSEE, Fla. – April 7, 2015 – The Florida Legislature has taken a step to modernize Florida insurance laws by passing House Bill 273, which would give policyholders the option to receive insurance documents via email rather than regular mail delivery. “This is great for Florida consumers and it helps insurers meet policyholder’s demands by […]