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Art Randolph

Florida’s Property Insurance Market

The Wind Is (Finally) Blowing

Florida’s Property Insurance Market
With Hurricane Hermine bearing down on Florida, I recognized that I could not physically do anything to assist my sister and her family in Jacksonville (or my friends and extended family throughout the state), nor my insurance company clients that admirably serve the communities that will be affected by the storm. However, Hermine obligates me to contemplate the potential impact she may have on the underwriting results and financial solvency of Florida property insurers, and how the property insurance landscape might be altered.
Joe Herbers

Disparate Impact Theory Struck Down

Property/Casualty Insurers Win Victory in Court

Disparate Impact Theory Struck Down
Joe Herbers November 05, 2014 Posted in: Blog Posts, Homeowners, Insurance / Insurers
Federal Judge Richard Leon issued an order on Monday to vacate the disparate impact rule as applicable to the 1968 Fair Housing Act. The ruling stated that the Department of Housing and Urban Development (HUD) exceeded its authority when it drafted a new rule on disparate impact.
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