Matthew Lemakos Law, LLC.

08/28/2023

https://www.nhc.noaa.gov/graphics_at5.shtml?start

If you are in this area, please make all necessary preparations and take all precautions ahead of this storm.

Key Messages, when available, are found in the NHC Tropical Cyclone Discussion text product. They are designed to highlight essential points about hazards and forecast uncertainty for select tropical cyclones. The Key Messages graphic on the NHC website and NHC social media (Twitter and/or Facebook)...

08/24/2023

https://www.wtsp.com/video/money/florida-orders-citizens-insurance-to-change-proposed-premium-hike/67-d7554c4a-864d-49ec-9040-dff37a6f976d

The state-backed property insurance company initially proposed a 12 percent rate hike for most people with 'multi-peril' policies on their main residences.

07/26/2023

https://www.insurancejournal.com/news/southeast/2023/07/26/732121.htm

Despite years of complaints from Florida property insurers and some lawmakers that out-of-control claims litigation was destroying the industry, recent

07/18/2023

https://finance.yahoo.com/news/housing-market-2023-florida-boom-193108722.html

Farmers Insurance recently indicated it will no longer offer coverage in Florida -- the third major insurer to pull out of the state so far this year, with AAA being the fourth -- in a move that will...

06/01/2023

Is your insurance up for renewal? Make sure you have the coverage you need as we enter into storm season and research your insurance company (and policy terms!) to make sure you, your property and personal property are covered.

Featured Partner Offers The average cost of home insurance in Florida is $3,227 per year, based on our analysis of rates. The Insurance Information Institute (Triple-I) puts the average annual cost even higher, at $4,231 per year. In terms of how Florida compares to the re

05/15/2023

If you're looking to purchase a home in Florida, or even find a new homeowner's insurance company, you can easily locate all active carriers through the Department of Financial Services website.

https://www.myfloridacfo.com/division/ica/resources #:~:text=Office%20of%20Insurance%20Regulation%20Active%20Company%20Search,-The%20Florida%20Office&text=The%20OIR%20provides%20an%20Active,in%20the%20State%20of%20Florida.

04/30/2023

https://nbc-2.com/news/state/2023/04/28/policyholders-could-pay-the-price-as-citizens-insurance-customers-increase/

If you have an insurance policy in Florida you're being warned that the state owned insurance company has the power to increase your rates by up to 2%.

04/26/2023

Do you know the different types of coverage that your homeowner's insurance covers?🫵 It can be confusing, but knowing your coverage (and limits) can help you if you ever need to file a claim.

04/23/2023

Has your insurance claim been delayed due to your insurance company becoming insolvent? In the 2021 Division of Rehabilitation & Liquidation Report, your Chief Financial Officer Jimmy Patronis breaks down why some companies become insolvent. ❌

04/20/2023

When was the last time you reviewed your Homeowner's Insurance Policy? If you reside in Florida, make sure you to review your coverage each year it renews so that you are aware of your policy limitations and you have the coverage you need in case of a Hurricane or flood.

05/12/2021

Big changes are coming to the insurance industry due to the Florida Legislature's passing of Senate Bill 76 which addresses "Insurance Reform." Some of the biggest changes are going to have a large impact on the way roofers are able to solicit homeowners. Violation of the law will result in a $10,000.00 fine per occurrence, so if you know anyone in the Roofing industry in Florida please link them to this article. Also feel free to contact me with any questions you might have.

The Florida Legislature just recently passed a bill that is going to change the way roofers and contractors who handle insurance claims are going to be able to solicit and handle their business. The bill was passed a few...

03/29/2021

One of the most important duties that an insurance carrier has to its customers is the duty to adjust their claims in good faith. Not only is this duty, in my view, a theoretical ethical guideline by which all insurance companies should adhere to. It is also codified in our laws, providing severe penalties to insurance companies who adjust their customers claims in bad faith.

One of the most important duties that an insurance carrier has to its customers is the duty to adjust their claims in good faith. Not only is this duty, in my view, a theoretical ethical guideline by which all insurance ...