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August 2013 Archives

As sinkholes increase in Florida, so might bad faith insurance

Sinkholes used to be quite rare. However, recently they have become more frequent, especially in Florida. The unique geology of Florida makes the land especially prone to sinkholes, and rapid development has made them regular hazards to property.

Insurance company profit increases despite improper conduct fines

People across Florida are swamped with high insurance premiums. These costs are often higher in Florida with a higher potential for natural disasters, particularly hurricanes. Although hurricane season is not nearly over, there is already big news for one insurance company in Florida. The largest private home insurance company in Florida, Universal Insurance Holdings, announced major profits this week.

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