Insurance

State Farm Requests Tremendous Rate Increase

Wednesday, July 23rd, 2008

State Farm has submitted a request to increase home insurance rates as much as 47% in some areas.

Florida Reviews Allstate’s Documents on Web

Thursday, April 10th, 2008

Allstate has released documents in regards to its business practices on its web site.  The State of Florida requested these documents so they can investigate the reason Allstates rates did not decrease even after Governor Charlie Crist successfully created a state law that was designed to reduce insurance premiums.
The full news article can be found […]

Options for Homeowners to get More Scarce Very Shortly

Tuesday, April 8th, 2008

State Farm has stopped writing policies in Florida. They will also drop 50,000 home policies issued to coastal residents. This will place greater pressure on the state-run insurance provider, Citizens Property Insurance in the State.
Allstate has dropped over 400,000 policies in the past four years.
Liberty Mutual and Nationwide have also been withdrawing from Florida.
If you […]

Holidays Are Coming… Do You Have the Correct Coverages?

Friday, November 16th, 2007

As the Holidays approach, FIS strongly encourages everyone to take time to review their policies to learn about coverages regarding theft, fire damage, water damage, and more. As we all know, the Holidays are stressful enough without having to worry about what would happen if the Christmas Tree caught fire, or if all of […]

Insurance Companies Drop Court Challenge on New Law

Thursday, March 1st, 2007

Recently, newly elected Governor of Florida, Charlie Crist, helped to introduce a bill that attempts to stabilize the insurance market in the State. Gov. Crist focused heavily on property taxes and insurance rates during his campaign for Governor, and quickly worked to live up to his campaign promises. The new bill takes effect […]

Building Codes May Have Saved Many During Tornadoes

Thursday, March 1st, 2007

Many of us in Florida can remember the last few times tornadoes have ravaged our State in the past 10 years. Although the occurrences are rare, they are always devastating and create a large impact in lives of local residents. Recent changes in building codes in regard to Wind Mitigation may have played […]

Vanguard Fire and Casualty Receivership

Wednesday, February 28th, 2007

In anticipation of a possible liquidation of Vanguard Fire and Casualty, Florida Insurance Specialists has worked with several reputable insurance companies to offer a possibility of several coverage choices to replace their current policies. Our insured’s with current Vanguard policies should begin receiving replacement policies within 30 days prior to their non-renewal. Some […]