Latest Blogs

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Now That You Have Joined FAIA, How Can We Help Your Agency, You, and Your Team Be Successful? 7bf415b5-4ee5-4f2d-a8fa-086bfa1e7a35

5/19/2022


Join me for my upcoming FREE Membership webinar next Wednesday, May 25, from 2:00–3:00 p.m. (Eastern). In this webinar, you will have an opportunity to ask questions about the next steps for gaining appointments, market availability, member events, resources (more than you would think…), our Young Agents Council, and, our "volunteer to serve" opportunities for our boards, task forces, and committees. You will even learn about our continuing education offerings through our webinars, webcasts, and designation programs.

Did you know FAIA’s staff is available to you, and we are just a call or email away? Your FAIA membership gives you a Member Advocate—meaning one of our team members is a...

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Legal Brief: Restoration Contractors Association and Air Quality Service Provider File Suit Against OIR and Two Insurers Challenging Insurers’ Policy Endorsements Approved by OIR e0b4be0d-89c3-47a6-8e33-59daaa68e4ee

5/18/2022


Earlier this week, on the eve of the Florida Legislature’s Special Session on property insurance, the Restoration Association of Florida, Inc. (an association representing restoration contractors) and Air Quality Assessors, LLC (a service provider that does mold testing and leak detection) filed a lawsuit in Leon County Circuit Court against the Florida Office of Insurance Regulation (OIR), American Integrity Insurance Company (American Integrity), and Heritage Property & Casualty Insurance Company (Heritage). The lawsu...

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Lighthouse Insurance Company Policies in Florida, Texas, North Carolina, and South Carolina Will Cancel on May 28, 2022, at 12:01 a.m. 3ad52b82-a6c9-4ee2-9a50-82848ae12bf8

5/18/2022


FAIA has received several inquiries regarding the Lighthouse Insurance Company receivership and the effective date that all policies will cancel. Some of the confusion stems from an agent bulletin that indicates the effective date of cancellation is May 28, 2022, 11:59 p.m. The liquidation order filed in Louisiana dated April 28, 2022, states that policies will cancel 30 days after the order of liquidation is entered for Florida, Texas, North Carolina, and South Carolina. That date is May 28, 2022, at 12:01 a.m.

Working with the Florida and Louisiana receiver, FAIA has clarified that all Lighthouse policies in Florida, Texas, North Carolina, and South Carolina will cancel effective...

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FedNat, Maison, and Monarch Insurance Companies Enter into a Consent Order with the OIR 7a76cd94-f6cc-40d4-8893-aab9f2517558

5/14/2022


In a previous blog post, FAIA made reference to FedNat, Maison, and Monarch Insurance Companies being placed into receivership. Unfortunately, that was a misunderstanding between FAIA and the Office of Insurance Regulation (OIR), so that blog post has been removed and replaced with the correct description of this transaction, a consent order. Our apologies to FedNat and the OIR for any confusion this may have caused.

The consent order, dated May 13, 2022,...

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Citizens Provides Guidance for Lighthouse Property Insurance Corporation Policyholders b5ba3f89-b02d-40b2-8cd7-93bdfefe8336

5/10/2022


Today, FAIA received the following notice from Citizens Property Insurance Corporation regarding Lighthouse Property Insurance Corporation. Due to the short time frame to provide coverage (all policies will be cancelled effective May 28, 2022), Citizens has eased some of its underwriting time frames. If your agency has any Lighthouse policies, please be sure to read the bulletin for important underwriting information.

Securing Coverage for Lighthouse Property Insurance Corporation Policyholders

May 10, 2022 

Lighthouse Property Insurance Corporation was ordered into liquidation by the 19th Judicial Circuit Court in the parish of East Baton Rouge, Louisiana, as of Ap...

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