Category: Sinkholes in the News

May 30, 2013 by Morgan Barfield

State fines Universal Property & Casualty Insurance TALLAHASSEE — Florida’s second largest property insurer is being hit with a fine of nearly $1.3 million. Florida Insurance Commissioner Kevin McCarty announced Thursday that his office was assessing a fine against Universal Property & Casualty Insurance Company. Universal has roughly 542,000 policyholders statewide and collects more than…

April 7, 2013 by Morgan Barfield

This is a story that broke in February and was posted on TampaBay.com. Long story short, Citizens executives gave them selves huge pay raises last year, some as large as $31,000. Of course they decide to approve these raises as Citizens complains of losing money and stresses the need to cut back the number of…

March 27, 2013 by Morgan Barfield

Yet another sinkhole has opened in Seffner Florida. This one is just down the street from the second one that opened that we discussed previously because we represent that family. We also represent the homeowner of this new situation and it is interesting what we are seeing. Most notably is the fact that this homeowner…

March 14, 2013 by Morgan Barfield

Below is an article published on RiskandInsurance.com that includes commentary from our firm. Credit Steve Yahn, the author. When 37-year-old Jeff Bush was swallowed up by a giant gap in the earth when he was sleeping in his bedroom in his central Florida home in late February, his death spotlighted a natural disaster occurrence in…

March 12, 2013 by Morgan Barfield

Below is an editorial my partner, Ted Corless, posted on another website NewsMunchies.com. Its a good read. An image of the Earth giving way and swallowing Bruce Willis whole is the stuff of summer movie blockbusters.  Yet the way in which the powerhouse insurance lobby has made sinkhole coverage nearly obsolete in Florida is more…