insurance Tag

21 Jun Assignment of Insurance Benefits: How Will Florida’s AOB Reform Affect Floridians?

Posted at 13:18h in Commercial Insurance

An assignment of insurance benefits (AOB) allows a vendor to collect insurance proceeds directly from the insurance company instead of the insured. Many are surprised to discover that AOBs are quite common. In fact, if you ever had property damage that required a construction contractor or water remediation company,...

12 Sep Understanding Florida’s Statutory Insurance Requirements for Condominium Associations

Posted at 16:59h in Condominium Governance

Every condominium association should have insurance, which is precisely why Florida law requires them to have insurance. Associations must use their best efforts to obtain and maintain adequate insurance to protect the association’s property. Florida’s minimum mandatory insurance requirements apply to every residential condominium, regardless...

01 Aug Insurance 101: Do You Need Longshore and Harbor Workers’ Compensation Insurance?

Posted at 19:31h in Commercial Insurance, Labor & Employment Law, Risk Management, Safety

Did you know that longshoremen aren’t the only employees covered by the Longshore and Harbor Workers' Compensation Act? If you didn’t, you’re not alone. Identifying who is covered by the Longshore Act isn’t always easy. This can be a huge problem because violations of the...

20 Jun Are You Prepared for Hurricane Season (2018th ed.)? It Only Takes One!

Posted at 13:16h in Personal Insurance, Risk Management, Safety

And…. we’re off! Everyone knows that the 2018 Atlantic Hurricane Season officially began on June 1st. Well, everyone but Alberto, the subtropical storm that became the first named storm of the season on May 25th. Nevertheless, this is the time of year when we remind...

05 Apr Do You Know What Homeowner’s Insurance Covers…and What It Doesn’t?

Posted at 16:08h in Personal Insurance, Risk Management, Safety

Many of us will remember 2017 as the year of natural disasters. Even if you weren’t in the path of a coming storm or a spreading wildfire, you probably knew someone who was. It was a year of hurricanes, wildfires, flooding and severe weather. Economic...

16 Mar May I Install Hurricane Shutters? A Loaded Question for Condominium Association Boards

Posted at 19:29h in Condominium Governance, Risk Management, Safety

In the State of Florida, what right does a condominium board have to prohibit a unit owner from installing hurricane shutters? Florida Condo Training Get convenient and affordable online training for condominium association leaders. When determining a condominium board's right to limit or otherwise restrict a unit owner...

16 Mar An Ounce of Prevention: What Employers Can Do to Keep Workers’ Compensation Costs Down

Posted at 13:52h in Human Resources, Risk Management, Safety

As a firm specializing in Workers' Compensation defense, General Liability defense, and Employment and Labor Law defense, we have a bird's eye view of the successful (and sometimes unsuccessful) practices of our clients. In this article, we offer preventative measures that can be utilized to...

14 Mar 8 Ways to Protect Your Home from Flooding

Posted at 18:09h in Personal Insurance, Risk Management, Safety

Flooding has become a serious threat to both coastal and inland areas, especially in Florida. Learn 8 important ways to protect your home for flooding.

02 Feb Workers’ Compensation Rates Decreasing in 2018: When Will Your Premiums Go Down?

Posted at 14:20h in Employee Benefits, Human Resources, Labor & Employment Law

Good news for Florida employers! Workers’ compensation insurance premiums are going down in 2018. The Office of Insurance Regulation approved a statewide overall premium decrease of 9.8 percent. This should provide welcome relief, particularly after last year’s 14.5 percent increase. The premium reduction for new and renewal policies...

09 Jan Insurance Premiums — 2018: Following one of the Costliest Catastrophic Years

Posted at 17:37h in Commercial Insurance, Personal Insurance

While it is yet too early to know the ultimate cost to the United States property/casualty insurance sector for 2017’s catastrophic losses, experts are in agreement that the storm, fire and flood events could cost US insurers as much as 100 Billion – making 2017...