Here is a good article titled “Cracks Show in Sinkhole Fix” published in the Tampa Bay Times that yet again highlights how the Florida legislature goes to extremes to “fix” insurance issues that in the end generally causes more harm and confusion to Florida property insurance policyholders.
Citizens floats a sinkhole fix was the headline in the Tampa Bay Times article that ran in the paper on 12/11/2013. The article says letters will go out to “current and potentially future litigants this week that offered to pay for repairs.” This program, which we reported on in one of our previous blogs, has been in…
If you have been following the news media lately, particularly the print media then no doubt you have read a number of stories about sinkholes and the remediation method that homeowners are fighting with their insurance companies about. The Dunedin story has fanned the flames of this issue big time and laser focused some interesting…
A recent media article following the new catastrophic sinkhole loss in Dunedin, Florida caught my attention the other day as it looks like we have two forces on a collision path. And wouldn’t you know that the poor insured policyholder is caught in the middle. The media recently reported that a Citizens Insurance claim committee will vote…
Public adjuster Keith Grams of Tutwiler & Associates was recently interviewed by WFLA and NBC News about sinkhole insurance repair issues. He offers further comments regarding concerns about the direction the insurance companies and legislature are taking. For many years the Florida legislature and the insurance industry have systematically weakened coverage for sinkholes. Last week’s massive sinkhole…
The catastrophic sinkhole that opened up in Dunedin, Florida has brought attention to limits of the new law that was passed in 2011 by the Florida Legislature. This law made it extremely difficult for homeowners to get proper coverage or alternatively pay a hefty price for a very limited sinkhole policy. Many of the changes are not good…