Last week, the Palm Beach Post ran a story that indicated Rick Scott thought national windstorm insurance might be the answer to Florida’s looming insurance crisis. Eliot Kleinberg wrote:

Many Florida homeowners live in fear of losing their windstorm insurance. Gov. Rick Scott suggested today that windstorm coverage go the way of flood insurance and become nationalized.

"It would make a lot of sense," Scott said at a start-of-the-season news conference at the National Hurricane Center in Miami-Dade County.


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The issue of whether the 2005 Florida Statute sections 627.7065, 627 .7072, and 627.7073 (2005), which affected sinkhole database information, testing standards, and reporting requirements, created a presumption that shifted the burden of proof to the homeowner in litigation to disprove an insurer’s expert’s opinion that damage was not caused by a sinkhole has been in question for several years. Last month, the Florida Supreme Court definitively held the statutes do not create a presumption in litigation.

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The National Flood Insurance Program (NFIP) is facing a September 30th deadline. That is the date the temporary extension runs out on the Flood Program. Unless a bill that reauthorizes the program passes, the NFIP could expire. But this week, the House of Representatives passed H.R. 1309 (The Flood Insurance Reform Act) by an overwhelming majority.


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Contingent Business Interruption coverage is usually an extension of the business interruption coverage available in most commercial property policies. It provides the insured with benefits to cover lost profits and extra expenses resulting from damage to a third party’s property.  In today’s integrated business world, most businesses are highly dependant upon others for product, sales, and even customers.  As businesses globalize, they become vulnerable to disasters across the globe.  Even now, many businesses are waiting to realize the extent of the contingent business loss that will result from the tsunami and nuclear disasters in Japan.


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The CEO and President of Occupational Athletics, Inc., Mark Everest, has announced that public adjuster safety and wellness will be the topic for his new book and audio production. Everest, in conjunction with Occupational Athletes, Inc., is developing an interactive daily system that will help public adjusters gain the knowledge and tools necessary to lead happier, more productive, and safer lives. Occupational Athletes, Inc., has provided systems for other occupations to help individuals stay safe. Everest explained that the new system for public adjusters will be an integrated lifestyle management system that will center on the safety of insurance claims adjusting and help provide a plan for keeping mentally and physically well for the long run.


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