Entries for September 2011
Florida Property Insurance Reform - Update
September 22, 2011 21:50
was honored to present Florida Property Insurance Reform – Update
as part of the First Annual Policyholder Conference on Property and Business Interruption Losses
hosted by Anderson Kill & Olick, P.C.
at the Doral Marriott in Miami, Fl. During the presentation, he reviewed some of the sweeping changes that were part of the 2011 Florida property insurance legislation (SB408) and discussed the impact they will have on both policyholders and the claims process. Topics included: Sinkhole coverage changes, the Replacement Cost Value (RCV) holdback reinstatement, filing deadlines, insurance rate increases, Citizens Insurance specific legislation and new public adjuster requirements and limitations on contractors acting as public adjusters. “The ever changing landscape of insurance regulation requires both policyholders and those of us who manage claims to either understand or become victims of the new rules,” stated Tutwiler. “Even thought some of the legislation is not consumer friendly, we must learn to operate within these boundaries in order to continue to protect our clients’ claims.”