Florida Insurance Commissioner David Altmaier issued the following statement:
“I applaud the Florida House of Representatives for their favorable vote on HB 1421 today, and I am especially grateful to Representative James Grant, the bill sponsor, and Representative Rene Plasencia, the prime co-sponsor. This legislation makes significant progress in protecting Florida consumers from homeowners insurance rate increases fueled by rising litigation costs associated with an Assignment of Benefits (AOB). We appreciate the support and efforts of the entire Florida Legislature as they considered this legislative priority of the Office of Insurance Regulation during the 2017 Session.”
For more information about this issue, visit the Office’s “Assignment of Benefits Resources” webpage.
Commissioner David Altmaier
Florida NFIP Policyholders Have 60 More Days to File A
Proof of Loss Associated with Hurricane Matthew Claims;
Proof of Loss Extension Associated with Hurricane Hermine Claims Has Expired
At the request of Insurance Commissioner David Altmaier, the Federal Emergency Management Agency (FEMA) has granted another extension giving National Flood Insurance Program (NFIP) policyholders in Florida an additional 60 days to file a complete, signed, and sworn proof of loss in support of their insurance claim for flooding damages associated with Hurricane Matthew. Typically, NFIP policyholders have 60 days to file a proof of loss with their insurance company following the initial date of loss. With this latest extension, Florida NFIP policyholders will have received a total of 180 days to file a proof of loss for damage caused by Hurricane Matthew.
On Tuesday, January 31, 2017, the proof of loss extension for claims associated with Hurricane Hermine officially expired. However, policyholders who experienced flood damage from this storm should continue working with their flood insurance company. As soon as possible, these policyholders should also take action to complete the proof of loss with all supporting documentation related to their flood claim and submit it to their flood insurance company.
For more information and resources about filing a flood insurance claim with the NFIP, visit www.floodsmart.gov or the Office’s “Hurricane Season Resources” webpage. A copy of the FEMA bulletin for this extension can be accessed here.
About the Florida Office of Insurance Regulation
The Florida Office of Insurance Regulation has primary responsibility for regulation, compliance and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about the Office, please visit www.floir.com or follow us on Twitter @FLOIR_comm and Facebook.