Personal Insurance

17 Sep Can Florida Condominiums Prevent Unit Owners from Installing Natural Gas Fuel Stations?

Posted at 23:27h in 2021, Commercial Insurance, Condominium Governance, Directors & Officers, Personal Insurance, Risk Management

By Anita Byer, Setnor Byer Insurance & Risk The Florida Legislature has a history of volunteering (i.e., forcing) condominium associations to join the Green Movement. A couple of years ago, lawmakers were focused on electric vehicles. This year it was natural gas vehicles. As a result,...

05 Aug NOAA Updates 2021 Hurricane Season Forecast to Include More Named Storms

Posted at 23:37h in 2021, Commercial Insurance, Flood Insurance, hurricane season, Personal Insurance, Safety

By Anita Byer, Setnor Byer Insurance & Risk The National Oceanic and Atmospheric Administration updated its 2021 hurricane season outlook and is now predicting more named storms than previously forecast. This is significant because the 2021 season is already breaking records—Hurricane Elsa became the earliest 5th...

28 May How Many Storms Are Predicted for the 2021 Atlantic Hurricane Season?

Posted at 19:25h in 2021, Commercial Insurance, Flood Insurance, hurricane season, Personal Insurance

The National Oceanic and Atmospheric Administration released its predictions for the 2021 Atlantic Hurricane season. The good news is that experts do not anticipate the historic level of storm activity seen in 2020. The not-so-good news is that NOAA is nevertheless predicting a season with...

14 May NOAA Updates Hurricane Season ‘Averages’, Highlights Disturbing Trend

Posted at 22:41h in 2021, Commercial Insurance, Flood Insurance, hurricane season, Personal Insurance, Risk Management, Safety

This is the time of year when most of us start thinking about the upcoming Atlantic hurricane season, which officially begins June 1st. We anxiously await forecast predictions to find out whether this season’s storm activity will be above-, near-, or below-average. But what’s considered...

03 May How Will the NFIP’s New Pricing Model Affect Your Flood Insurance Premiums?

Posted at 19:27h in Commercial Insurance, Flood Insurance, Personal Insurance, Risk Management

Are you ready for Risk Rating 2.0? The National Flood Insurance Program (NFIP) is rolling out the first major update to its rating and pricing methodology in 50 years. This is a big deal because the NFIP provides about $1.3 trillion of flood insurance coverage...

08 Mar What Does it Mean to be Fully Vaccinated Against COVID-19?

Posted at 21:57h in COVID-19, Human Resources, Personal Insurance, Safety

In the United States, nearly 2.5 million doses of the COVID-19 vaccine are being administered every day. More than 40 million Americans have been fully vaccinated against COVID-19. People are considered fully vaccinated two weeks after receiving a single-dose vaccine (Johnson & Johnson) or two...

10 Feb Identity Theft Alert: FBI, HHS Warn of Emerging Fraud Schemes Involving COVID-19 Vaccines

Posted at 22:36h in Cyber Risk, Personal Insurance, Risk Management

Cyber criminals routinely incorporate the “crisis-du-jour” into scams to increase their likelihood of success. COVID-19, it seems, is no exception. In a single week, Google saw 18 million coronavirus-related malware and phishing emails…per day! It’s gotten so bad that the Federal Bureau of Investigation, the...

27 Jul Grandfathered Flood Insurance Premiums Can Be Locked-In Indefinitely, But Time is Running Out

Posted at 18:27h in Commercial Insurance, Personal Insurance, Safety

The Federal Emergency Management Agency is in the midst of a multi-year initiative to update flood zone maps in more than 20,000 communities nationwide. Current maps need updating to more accurately reflect the risk of flooding. Flood hazards change over time and maps in some...

28 Jan It’s Time for Your Annual Insurance Check-Up

Posted at 18:16h in Auto Insurance, Personal Insurance

The start of a new year is the perfect time for an annual insurance check-up. As the days, weeks and months go by, our lives change. So do our insurance needs. To make sure you haven’t outgrown your insurance, it’s a good idea to review your coverages at least...

09 Dec Florida’s AOB Reform Prompts Citizens to Update Homeowners’ Policies

Posted at 19:43h in Personal Insurance

Floridians insured by Citizens Property Insurance Corporation will see new policy forms next year. Citizens updated its homeowners and other personal lines property insurance policies to reflect Florida’s new assignment of benefits (AOB) laws. These updates will be incorporated into Citizens’ policies with effective dates on or after February...