Recent Announcements


SB 408 Signed into Law

posted Jul 6, 2011, 7:07 AM by se bi

Governor Rick Scott signed SB 408 into law on May 17, 2011. 

Below you can find some of the changes that will take place

  • Expanding exclusions from losses covered by the Florida Hurricane Catastrophe Fund to include losses caused by perils other than a covered event, such as fire, theft, flood or rising water, as well as amounts paid for waivers of deductibles and bad faith awards.
  • Limiting public adjuster compensation for reopened or supplemental claims to 20 percent of the claim payment (10 percent for Citizens Property Insurance Corp. claims) and requiring additional disclosure statements and notices to certain parties. 
  • Requiring insurers to provide two replacement cost coverage options for payment of personal property insurance claims. The first option pays the full replacement cost without reservation. The second option pays the depreciated value and holds back the remainder of coverage until the policyholder provides receipts.
  • Requiring a policyholder to file windstorm and hurricane claims within three years

SB 408 also addresses sinkhole claims, which have proliferated in Florida in recent years. Carriers sought to have the mandatory coverage language deleted but settled for language specifically defining “structural damage” to narrow the definition of a sinkhole loss. Additionally, the new bill requires a policyholder to pay 50 percent of sinkhole testing costs up to $2,500 if the policyholder requests testing after an insurer denies the sinkhole claim; sinkhole claims must be filed within 2 years of the covered loss.

Florida Public Insurance Adjusters Win Apeal Regarding Solicitation Ban

posted Dec 30, 2010, 6:03 PM by se bi   [ updated Dec 30, 2010, 6:05 PM ]

Florida public adjusters won a constitutional argument that Florida Statute 626.854(6) wrongly banned all solicitation for 48 hours in violation of the Florida Constitution. The opinion is clear in its finding and conclusion.

Hurricane Katrina

posted Nov 20, 2010, 10:54 AM by se bi   [ updated Oct 13, 2017, 11:28 AM ]

Hurricane Katrina struck the Gulf Coast on August 29th, 2005. Five years later, businesses and homeowners are still dealing with their insurance claims. Local law firms along the Gulf Coast have contacted Group 1 Adjusters to assist in resolving left over Katrina Claims. Since Katrina struck in 2005, Group 1 has succesfully assisted hundreds of businesses and homeowners throughout 4 states. The left over claims have been in litigation for years and now are starting to come out of court and into the appraisal process.  Group 1 Adjusters has teamed up with local law firms on providing detailed damage model reports and appraisal representation.

Group 1 Adjusters settle 42 Hurricane Wilma claims

posted Nov 20, 2010, 10:51 AM by se bi   [ updated Feb 26, 2011, 4:03 PM ]

Prior to the Statute of Limitations running on October 24th, 2010, Group 1 Adjusters successfully protected majority of its clients claims by settling them through mediation or the appraisal process. The remaining clients either retained attorneys or received a tolling agreement with their insurance companies.

Group 1 Adjusters Finalizing Hurricane IKE Claims...

posted Nov 20, 2010, 9:39 AM by se bi   [ updated Nov 24, 2010, 7:49 AM ]

Two years have passed since Hurricane Ike devastated Texas. Although it is unclear regarding the statute of limitations in Texas, Group 1 Adjusters have protected thier clients with attorneys or tolling agreements.
 
Specializing in commercial claim disputes, Group 1 did not want their clients to risk losing their claim by not filing.

Group 1 Adjusters helping residents in New Mexico and Colorado

posted Oct 14, 2009, 11:16 PM by se bi   [ updated Nov 24, 2010, 7:59 AM ]

Over the summer of 2010; major hail storms affected residents of Colorado, New Mexico, and Arizona. Several commercial property owners have contacted Group 1 Adjusters to review their claims and provide appraisal representation.
 
 
If your commercial property has suffered hail damage and your insurance company failed to replace/repair your roof adequately, call Group 1 Adjusters now for a free review.

Group 1 Adjusters helping those in the community

posted Oct 14, 2009, 11:11 PM by se bi   [ updated Nov 24, 2010, 8:09 AM ]

Since Group 1 Adjusters was established, we have successfully helped several hundred churches, hotels, business owners, retirement centers, and homeowners with their property damage claims. We take pride in our communities, customers, and profession. We work hard for each and every one of our clients, helping them to get the best possible result. Our success has been proven time after time. Contact us and we will provide you with a referral list.

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