Blog: Condo Insurance Claims

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Your Florida Condo and Flood Insurance

FEMA has labeled most areas in the state of Florida a flood zone. If you live in a condo in Florida, even if you are nowhere near water, chances are you live in a flood zone. In fact, 97% of all Florida communities participate in the National Flood Insurance Program. [http://www.floridadisaster.org/Mitigation/SFMP/Index.htm] While you may not…

Can Everyday Décor and Events Lead to a Condo Insurance Claim?

With the seasons changing, people start stoking the home fires more. We’re lighting candles and cooking more as well as turning on lights earlier and keeping them on longer. It’s important to be mindful that these areas are also common sources of house fires. Here are 3 things to be mindful of as we head…

Miami Condo Association Sues QBE Insurance Over Hurricane Claims

A Miami condominium association is suing its insurer, QBE Insurance Corp., and its Florida general managing agent, for more than $500 million in damages, claiming bad faith and deception in handling hurricane claims. Daniel S. Rosenbaum, the managing partner of Katzman Garfinkel Rosenbaum, LLP, in West Palm Beach, said his firm obtained a judgment against…

Condos say state insurer owes them millions for 2004 hurricane damage

(The Orlando Sentinel – McClatchy-Tribune Information Services via COMTEX) — DAYTONA BEACH It’s been four years since Florida suffered through its worst hurricane season in recorded history — the 2004 quartet of Charley, Frances, Jeanne and Ivan, and a cumulative $42 billion in damage. Yet Citizens Property Insurance Corp. still has almost 2,000 unresolved homeowner-damage…