Prestige Insurance Group, Inc. Blog
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Friday, November 21, 2014Cash continues to dominate home sales in South Florida, a new report shows. Roughly six of 10 Palm Beach County buyers paid cash in the third quarter, down slightly from a year ago but still well above the national average of 33.9 percent, according to RealtyTrac, a foreclosure listing firm based in Irvine, Calif. READ MORE >>
Thursday, November 20, 2014On average, a traffic accident in Florida happens every two minutes. While the accidents themselves are bad enough, Florida also has some of the nation's highest insurance premiums. Many drivers don't have insurance, even though it's required by law, and oftentimes legal drivers end up paying for the illegal ones. READ MORE >>
Wednesday, November 19, 2014Citizens Property Insurance really doesn't want your business. So much so that some homeowners feel they're being misled, if not outright deceived, as they're strongly nudged to go elsewhere.
At the urging of politicians and the state regulators who control it, Citizens has been shifting hundr... READ MORE >>
Tuesday, November 18, 2014The Florida insurance commissioner on November 5th rejected a 3.3% overall decrease in state workers compensation rates and ordered the National Council on Compensation Insurance Inc. to re-file an overall rate cut of 5.2%. READ MORE >>
Monday, November 17, 2014WEST PALM BEACH, Fla. - It's a big budget item for you every year - paying for car insurance. A recent study by nerdwallet.com found most Americans overspend by as much as $360 on car insurance every year. That's compounded in Florida, where we pay some of the highest car insurance rates in the country. READ MORE >>
Friday, November 14, 2014A second sinkhole has opened in Pasco, Florida next door to the home where a car was swallowed after a 10-foot-wide crater opened in the ground on Monday. Geologists have been called in to survey the hole which initially opened at a width of five-feet, but by mid-afternoon on Tuesday had expanded to the same size as the first depression. READ MORE >>
Thursday, November 13, 2014MIAMI (AP) — Reaching the uninsured may prove more difficult the second time around as the second enrollment season under the Affordable Care Act kicks off Saturday. Florida Health officials are feeling the pressure to re-enroll nearly 1 million Floridians plus recruit new enrollees who sat out the first year — all in half the time. READ MORE >>
Wednesday, November 12, 2014Do you know what a surety bond is? If you’re a contractor, it’s important that you understand the importance of this valuable coverage. Even the most professional contractors can have situations arise in which they cannot finish a job as promised. READ MORE >>
Tuesday, November 11, 2014NEW YORK – A federal judge ripped a potentially "widespread" and "highly improper" practice where engineering reports — the backbone for flood insurance claims — fundamentally were changed without basis and with serious financial harm to homeowners in the wake of superstorm Sandy. READ MORE >>
Monday, November 10, 2014The Florida Office of Insurance Regulation says Uber's $1 million commercial insurance policy meets state requirements, reports the Tampa Bay Times. This news brings the ride-share company one step closer to legally operating in Florida, despite the Public Transportation Commission's (PTC) concerns about Uber's insurance and licensing. READ MORE >>