Like a good neighbor, State Farm is there. But the top home insurance firm in California, as measured in direct premiums written, has stopped accepting new homeowner insurance applications, citing the growing risk from wildfires and the rising cost to rebuild. The company said it will continue to serve existing customers, as well as offer […]
Tag: hurricanes
A Reckoning for Florida’s Insurance Industry
Florida Insurers Accused of Altering Hurricane Ian Damage Estimates The insurance industry in Florida is poised for punishment – be it civil or criminal – as a result of the improper handling of countless Hurricane Ian claims. Ian caused $115 billion in damage, the second-largest insured loss on record after Hurricane Katrina, according to a […]
The Importance of a Hurricane Damage Lawyer in Florida
Hurricane season 2023 is bearing down on Florida. It’s now less than 100 days from the official June 1 start of the Atlantic hurricane season. The National Hurricane Center chose this six-month period because it accounts for 97% of all Atlantic tropical storms and hurricanes, according to NOAA’s Hurricane Research Division. But remember, Mother Nature […]
Florida Wind Damage Claims Lawyer
Under Florida law, homeowners insurance policies must cover property damage caused by wind. Yet insurance companies will attempt to delay, deny or underpay valid wind damage claims since they are in the business of making a profit. As such, an experienced and results-oriented property damage attorney can make all the difference in obtaining compensation for […]
Legal Solutions to Large Loss Property Damage Claims
2022 proved lucrative for Tampa Bay real estate. The 20 highest grossing real estate sales from Hillsborough, Pinellas, and Pasco counties brought in a cumulative total of more than $2 billion, property records reveal. Among the top transactions was a 390-unit apartment complex and a 13-acre beach resort. Multi-family properties and commercial real estate are […]
Autopsying Ian: What Property Owners Should Know After Hurricane Ian
Hurricane Ian pummeled Florida as a strong Category 4 storm. It unleashed catastrophic floods and life-threatening storm surge along with wind damage and tornadoes. Millions of people remain without power. Hurricane Ian’s devastating impacts were felt throughout Florida, including in Charlotte, Citrus, Collier, Hillsborough, Lee, Manatee, Orange, Pasco, and Pinellas counties. Our goal at Corless […]
Storm Is Brewing Over Climate Change & Property Insurance
Policyholders are feeling the heat over climate change and its impact on their insurance claims. Stronger and more frequent natural disasters – hurricanes, fires, windstorms, tornadoes and floods – are destroying structures at record-breaking rates. The U.S. Environmental Protection Agency notes how rising global average temperatures will cause more persistent and intense weather events that […]
What Natural Disasters Are Covered By Homeowners Insurance?
Every day we hear news reports of devastating fires, flash floods, lightning strikes, windstorms, hail, and tornadoes. A record number of severe storms and fires are impacting Americans from coast-to-coast in large part due to global warming and climate change. In Florida, what natural disasters can you expect to be covered by your homeowner’s […]
Price of Paradise: Get Peace of Mind Before a Storm Strikes
Batten down the hatches. Hurricane season is here, and that means an increase in the frequency and severity of severe storms. Multiple tropical threats and disturbances appear in the Atlantic as the July 4th holiday week kicks off. A combination of factors – La Nina, climate change, warmer ocean waters, and the Gulf of Mexico’s […]