You Might Not Lose your Full Roof Replacement Insurance After All
News Provided By: South Florida Sun Sentinel Article By: Ron Hurtibise Date: March 22, 2021 Homeowners worried they’ll have to foot most of the cost to replace their roofs if…
Florida Property Insurance Industry in Tenuous Financial State, Despite AOB Reform
News Provided by: Florida Record Article by: Michael Carroll February 26, 2021 Restrictions on assignment-of-benefits (AOB) property insurance claims signed into law in 2019 have failed to control lawsuits blamed…
FAIR President Discusses Higher Insurance Premiums with WKMG Orlando
Many Florida Homeowners Hit with Higher Insurance Premiums News Provided by: WKMG Orlando ORLANDO, Fla. – Sharon Landry says she “freaked out” when she opened her statement and saw the premium…
FAIR 10th Anniversary Virtual Awards Gala
FAIR is proud to have partnered with Arc Broward and Arc Culinary to host the FAIR 10th Anniversary Virtual Awards Gala on Thursday, February 25th, 2021. The virtual gala was…
New Congressional Legislation Promises Flood-Ready Federal Infrastructure
News Provided by: On3PR New Congressional Legislation Promises Flood-Ready Federal Infrastructure House bill would ensure taxpayer funded infrastructure is built to withstand future flood risks TALLAHASSEE, Fla. — In an effort…
Hope Zelinger of Bressler Amery & Ross to Serve as Chair of Property Committee for the FAIR Board of Directors
The Federal Association for Insurance Reform (FAIR), is pleased to announce the appointment of Hope Zelinger, Managing Principal of Bressler, Amery, & Ross- Miami (Bressler), as the new Chair of the Property Committee…
It’s Time to Reform the Florida Cat Fund, Give Consumers Rate Relief
Opinion Editorial by FAIR Executive Chairman, Jay Neal Published in Insurance Journal Floridians pay the highest homeowner’s insurance rates in the nation. No one should be surprised by this. Florida…
More Than a Dozen Florida Insurers Facing Ratings Downgrades
News provided by: Insurance Journal The rating agency responsible for assigning financial stability ratings (FSR) to more than 40 Florida domestic insurers has warned that several carriers will receive downgrades…
Improving the Transparency of Florida Hurricane Catastrophe Fund’s (FHCF) Ratemaking
The Florida Hurricane Catastrophe Fund’s Ratemaking Formula Report is an “Actuarial Communication” as governed by actuary profession’s U.S. Standards of Practice, specifically #41. Therefore, it must adhere to the following…
Florida Homeowners Insurance Market Update
FAIR is deeply concerned about the recently reported operating results of Florida-based insurance companies. We have also heard from a number of affected policyholders of insurance companies that have failed,…