A Florida law grants license to STEAL
THE COST OF HOMEOWNERS INSURANCE i n Florida, already about twice the national average, will continue to rise thanks to plaintiffs’ attorneys who work with contractors to exploit loopholes in laws that allows them to cash in on claims, the state Once of Insurance Regulation has found. Meanwhile, lawmakers in Tallahassee who have been aware of the problem for several years have so far failed to pass legislation to stop it. “The unscrupulous guys are turning a small water leak
Grant: Big insurance companies protecting their bottom lines
Big insurance carriers throughout Florida and even the state-run property insurer, Citizens, are in Tallahassee trying to convince lawmakers that water damage claims by property owners are jeopardizing the insurance market and driving up insurance rates. Their claim: Fraudulent actors are causing an increase in water claim payouts. However, insurance carriers across the board are routinely shorting contractors who have completed restoration work resulting from legitimate clai
