As heard on “Forbes Radio” Channel on American Airlines, December 2004 ……………………………… Summary: There was a time when the insurance industry was relatively easy to understand and navigate. But today, all that has changed. Companies are finding it increasingly difficult to not only deal with their insurance carriers regarding claims and payouts, but even to identify which insurance products they need the most.
In 1893, when Florida sat at the tail end of Henry Flagler’s railway and before the state had commercial importance or many insurers of its own, it was hard for Floridians to get the attention of out-of-state companies. Those who sold insurance policies were apparently no exception. The Legislature’s reaction to this difficulty began a pro-consumer tradition that, then and now, placed Florida’s Insurance Code among the most aggressive in the country. This article is […]