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Florida Agents Join Consumer Advocate in Fight Against Contractor Fraud

Florida Agents Join Consumer Advocate in Fight Against Contractor Fraud As Florida insurers focus on addressing mounting losses in the state’s property insurance market with legislative reforms, rising rates and coverage restrictions, other stakeholders are working to educate consumers about one issue that is perpetuating the markets problems – contractor fraud. Florida’s Insurance Consumer Advocate Tasha Carter wants to close what she says is a consumer knowledge gap with a new program offering tips, services and resources on this issue, and she’s looking to insurance agents to help her spread the word. “I don’t think that most homeowners understand what’s happening in the marketplace,” Carter said. “Of course, they’re receiving their renewal notices with the increased premium rates [and] most of them mistakenly think that that maybe due in part to recent hurricanes or claims that have been filed across the board.”

Senate Ready To Vote On Property Insurance Changes

Backers say the bill is needed because of financial problems in the insurance industry that have led to homeowners facing large rate increases or turning to the state-backed Citizens Property Insurance Corp. for coverage. Part of the bill would allow insurers to limit amounts paid for roof damage and would place new restrictions on attorney fees in insurance disputes. After rejecting a series of amendments proposed by Democrats, the Senate could vote as soon as Wednesday on potentially far-reaching changes to Florida’s property insurance system. The Senate on Thursday took up a bill (SB 76), sponsored by Banking and Insurance Chairman Jim Boyd, R-Bradenton, and positioned it procedurally for a vote.

Capitol Watch for Thursday, April 1

Capitol Watch for Thursday, April 1 (Source: News Service of Florida) By News Service of Florida | April 1, 2021 at 7:49 AM EDT - Updated April 1 at 7:49 AM TALLAHASSEE, Fla. (News Service of Florida) - The following events/topics are scheduled today in Tallahassee and elsewhere: RESIDENT TUITION AT ISSUE: The House Post-Secondary Education & Lifelong Learning Subcommittee will take up a bill (HB 747), filed by Rep. Fiona McFarland, R-Sarasota, and Rep. Joe Harding, R-Williston, that would ensure in-state tuition status for residents working outside of Florida for the U.S. Department of State, the U.S. Department of Homeland Security, the U.S. Department of Defense or while teaching at a U.S. Department of Defense dependent school. (12:30 p.m., 212 Knott Building, the Capitol.)

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