The Impact of Storms on the Florida Property Insurance Market 1990-2010
This is a special report by Demotech, Inc. on the impact of storms on the Florida property insurance market from 1990 to 2010.
Call on a Florida Public Adjuster to Assist You With Your Hurricane Milton or Helene Insurance Claim
This is a special report by Demotech, Inc. on the impact of storms on the Florida property insurance market from 1990 to 2010.
For five years, Floridians have struggled to fix the state’s property insurance system, ricocheting between attempts to appease the industry and punish it.
They’ve seen premiums rise as much as 350 percent on the coast and witnessed the cancellation of 2 million policies. Thousands of homeowners now can only find insurance from a state pool that many believe could not pay its bills after a major hurricane. Despite no hurricanes in five years, Florida insurers are demanding yet more money from homeowners. At the same time, the capital that insurers have on hand to pay claims has shrunk. Investigative reporter Paige St. John and The Herald-Tribune spent more than a year examining the Florida insurance market in an attempt to find out why. This portal of stories that includes a tool to check the financial health of your insurance carrier are the result.
Just as our communities are encouraged to have emergency disaster plans in place before a catastrophic event, claim professionals and their field colleagues should also have clear and definite plans in place to ensure their life, health and safety. Originally presented at the 2011 Windstorm Conference in Houston, TX this presentation covers important issues such as Safety Training & Preparation for Field Inspection, Accidental Hazards & Perils, Intentional Acts, Field Security Precautions and much more. Any claims adjuster will benefit from this important topic…