News & Updates

Homeowner’s Insurance

Flood Disclosure Adjustment Continues to Move

Flood Disclosure Adjustment Continues to Move

A second Senate committee has approved an adjusting to existing law relating to flood insurance disclosures.  Last year, the legislature adopted a requirement for all homeowners’ policies to state that they do not cover flood damage.  Unfortunately, there is no exception in the current law for policies that actually do contain flood insurance in the […]

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Second DCA Upholds Multiple Assignments

Second DCA Upholds Multiple Assignments

Florida’s Second District Court of Appeal has upheld the ability of a policyholder to make multiple assignments under a homeowners insurance policy.  Nicon Construction v. Homeowners Choice Property and Casualty Insurance Company involved a policyholder’s issuing assignments of benefits to two separate vendors.  The insurer argued that upon the policyholder’s assigning the policy rights to […]

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