Category: News

Krack Attack and Insurance Agents

Nov 16, 2017 / Cybersecurity

A recent article posted on InsureTrust talks about a dangerous new “KRACK Attack” and what it could mean for insurance agents. Fortunately, the exploit addressed by the article has not actually been found “in the wild,” which means that it is likely more theoretical (or at least it hasn’t been implemented in widespread use). As the article addresses, many internet of things, IoT, devices will be more vulnerable to this […]

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Congress Blocks CFPB Arbitration Rule

Nov 14, 2017 / News

In a move that gutted consumer advocates, the Senate used its powers under the Congressional Review Act to block the implementation of a rule passed by the Consumer Financial Protection Bureau (CFPB) that would have restricted the ability of large financial institutions to compel arbitration on a class-wide basis. Arbitration functions like private court. Arbitration allows for the speedy and efficient resolutions of claims in many cases. But for customers […]

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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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