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Lynne McChristian
Our blogger, Lynne McChristian, is the Florida representative for the Insurance Information Institute and is based in Tampa.
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About this Blog
No one can predict the future, but insurers have to try. That is the very nature of the insurance business -- to price and sell a product before the true cost of hurricanes, floods, wildfires and other types of claims are known. Private insurance companies must operate their businesses to have the money on hand – in advance – to pay anticipated claims. They can't go back and make up the difference if they get it wrong. This blog’s goal is to help Florida residents understand their insurance coverage, the issues and their choices. The more you know the better the insurance decisions you make.
Monthly Archives: January 2011
Florida drivers pay a “fraud tax”
The No-Fault Auto Insurance system in Florida is under stress due to rising fraud and abuse, and that is driving up the cost of insurance. Florida ranks #1 in the U.S. for staged accidents, according to the National Insurance Crime … Continue reading
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Insurers, law enforcement fighting auto fraud
Insurance reflects the costs of doing business in any given state, and Florida is costly not only to property insurers, but also for those selling automobile insurance. And, the costs of selling auto insurance are rising because criminals see no-fault … Continue reading
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Senate report says sinkholes not geology problem; must be manmade
The Florida Senate issued a sinkhole insurance report this week and concluded there is no geological reason insurers are paying three times more in sinkhole claims in 2009 than they did in 2006. Whew! That means Florida is not disappearing … Continue reading
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