Category: Property Law

Ricky McGraw Is Going to Be a Footnote in the History of Florida Insurance Law—One Way or the Other

Ricky McGraw is no stranger to insurance legal controversy. While most defendants in a criminal fraud prosecution remain silent, an article in Florida Daily, Florida Daily Investigations: David vs. Goliath: Florida Contractor Fights Back Against Baseless Fraud Allegations, came as no surprise. The article noted, in part: In a shocking turn of events, a general contractor […]

What is the History of Market Conduct Studies?

The modern history of insurance company market conduct studies starts in the 1970s. Before this time, most examinations of insurance companies were financial and concerned solvency. This changed in the 1970s. McKinsey & Company, the same consultant for many insurers regarding their business processes, was commissioned by the National Association of Insurance Commissioners (NAIC) to […]

Market Conduct Studies—Complaints Matter, But the Question Is How Much?

Policyholders, insurance restoration contractors, and public adjusters should liberally file consumer complaints regarding frustrations and complaints they have with state insurance commissioners. While some academic studies suggest that the statistical probability of such complaints generating a market conduct claim study will take place, my belief is that this is because there are not enough complaints […]

California Public Adjusters Legislative Conference in Sacramento, February 27 and 28

One of the easiest and best presentations I will make this year will be on February 27 at the California Association of Public Insurance Adjusters (CAPIA) Legislative Conference in Sacramento. The topic is “Update to Significant California Property Insurance Legislation Recently Enacted.” California public adjusters will not want to miss it. Amy Bach and Chip Merlin […]

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