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 […]

Homeowners Insurance: Time for an Annual Check-Up

An annual check-up on your homeowners insurance can result in a healthier policy and a healthier pocketbook. It’s time for your annual check-up. The good news is that for this one, you won’t have to don one of those revealing hospital gowns — and you may walk away with a healthier pocketbook. We’re talking about […]

Citizens Ins. to accept alternate mobile home valuation tools

Citizens Property Insurance Corporation says it now accepts alternative valuation methods from policyholders to ensure their mobile and manufactured homes are properly covered. On March 2, Citizens began sending out the first of 100,000 postcards to mobile and manufactured home owners encouraging them to talk to their insurance agents to ensure that improvements and upgrades […]

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Flood insurance premiums can go up after April 1

A bulletin released by the National Flood Insurance Program (NFIP) outlines changes in flood insurance rates after April 1, 2015, that are allowable under a law passed last year – the Homeowner Flood Insurance Affordability Act (HFIAA) that changed some details of the Biggert-Waters Act. Both HFIAA and Biggert-Waters are complex documents, and it’s important […]

Fla. eliminates last hurricane assessment

It’s official: The Florida Office of Insurance Regulation (FOIR) eliminated the last of a series of emergency assessments on property insurance policyholders in Florida. The assessments were levied to pay off claims from the eight hurricanes in 2004 and 2005. FOIR yesterday issued an Order to the Citizens Property Insurance Corporation (Citizens) terminating the 1 […]