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Category Archives: Florida Insurance

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Florida Auto Insurance “Fraud Tax” Requested By Trade Group

Florida Auto Insurance “Fraud Tax” Requested By Trade Group

Saturday’s Post 11/5/11-   A report from the Property Casualty Insurers Association of America (PCI) highlights issues with the Car Insurance personal injury protection (PIP) coverage offered in Florida with its no-fault auto insurance legislation.  They recommend four law changes to combat this. Increased time to investigate suspect claims. Inspection of medical facilities that bill for… Continue Reading

A Florida County To Address Auto Insurance Fraud

A Florida County To Address Auto Insurance Fraud

 Monday’s Post 10/31/11 –  A Florida county has submitted its own ordinance to discuss the outlandish number of scams perpetrated by fraudulent medical clinics.  Hillsborough County State lawmakers’ have promised to discuss the insurance fraud issue and revise the state’s automobile no-fault laws. The debate  is over PIP (Personal Injury Protection) and the fraud  within medical centers in Hillsborough Country. Through an unanimous vote, the Hillsborough Country Board of Commissioners… Continue Reading

Alfa Insurance Company Introduces Car Insurance

Alfa Insurance Company Introduces Car Insurance

Sunday’s Post 10/30/11 –  Residents of Alabama who have homeowners insurance with Alfa Insurance Company can now enjoy a multi-policy discount with their new auto insurance coverage just introduced by the insurance carrier. Just recently, Alfa Insurance Co. publicized that it will no longer countersign and underwrite a mono-line homeowner policies in Alabama. According to the company, this will only provide… Continue Reading

Rates Rising, But Florida Home Insurers Report Still Losing Money

Rates Rising, But Florida Home Insurers Report Still Losing Money

Tuesday’s Post  10/25/11 –  Many Florida homeowners expected relief from the higher property insurance bills that followed the busy 2004 and 2005 hurricane seasons. But more than 4 million homeowners are about to get hit by rate hikes and disappearing coverage. State regulators have approved $718 million in rate increases.  The insurance industry and its… Continue Reading

New Homeowners Protection Class Ratings in Florida Cause an Insurance Coverage Dilemma

The Insurance Service Office of  Florida’sInsurance Industry has created new Protection Class Homeowners Ratings for  those high risk counties in the state of Florida.  The Florida Insurance Rating Agency which provides the state’s Insurance Carriers with vital claims statistics, underwriting and actuarial data for setting  an insurance company’s policy rates, has made it difficult for those rural Florida residents to acquire Homeowners Insurance Coverage.… Continue Reading

Florida Insurers Find New Way Of Handling Sinkhole Fraud

Sinkhole payment abuse has caused a huge increase in insurance premiums for homeowner insurance policies in Florida.  This type of fraud has now forced insurance companies in Florida to come up with better ways of addressing this problem and reduce losses. A spokesman for a florida based homeowners insurance carrier recently stated; “not only is rising premiums a consequence of sinkhole fraud, but there is also… Continue Reading

Insurance For Every Need

Insurance For Every Need

Day in and day out, 365 days a year; drivers all over the United States shop for all types of Insurance coverage. They’re shopping at the time of their auto insurance renewal, when they turn 16, or when they find out their auto insurance is being cancelled. InsureDirect.com is not just licensed to sell many… Continue Reading