Category: News

Florida Statutory Bad Faith Claims

Sep 14, 2017 / Hurricane Irma

You purchase insurance with the expectation that it will help reduce your losses. In some cases, the law requires you to purchase insurance, which is why we all must have car insurance. In other cases, you are contractually required to carry insurance, including when you have a mortgage (homeowners insurance) or when you rent or lease property (renters insurance). Suddenly, you suffer a catastrophic loss from a hurricane. You think […]

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Oil- Here We Go Again

Jun 29, 2017 / News

After rebounding sharply from lows around $26 a barrel in 2016, oil markets are once again under pressure. After trading to nearly $60 a barrel on output cuts from OPEC, oil is once again under pressure trading down to a recent low of $42. Increased production from U.S shale producers and Iran, Iraq, Libya and Nigeria have flooded the market despite OPEC’s efforts. Energy analysts are making bearish predictions for […]

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When Does a Text Become a Binding Contract in Real Estate

Jun 2, 2017 / Blog Posts , Tags: ,

Watch out, that text you just sent may have created an enforceable contract. As the use of electronic communication has become more pervasive in society, warnings regarding its various forms: text messages, email, Facebook posts, Facebook messages, and even Snapchat messages, have likewise become pretty commonplace. Keep in mind, these warnings need to go far beyond warning your children of social media’s ill effects. Your use of social media and […]

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Bond Abuses Continue

Jun 1, 2017 / Blog Posts

The trend of brokerage firms abusing investor trust with respect to bonds continues with this month’s FINRA Disciplinary Actions (May 2017). This latest summary of disciplinary actions states that FMSbonds, Inc. (CRD #7793, Boca Raton, Florida) was censured and fined for its actions related to municipal bonds. We note this because just last month we wrote a detailed blog post about abuses in the bond world. The current political environment may […]

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