Agency Intelligence

In this episode of Agents Influence podcast, host Jason Cass interviews Stacey Giulianti, Chief Legal Officer at Florida Peninsula Insurance Company. Episode Highlights: Stacey shares that Florida has a severe insurance crisis, with 76% of lawsuits against insurance providers for homeowners claims filed in the state, causing a negative economic impact and 71% of the money going to attorneys instead of consumers. (3:46) Stacey explains that insurance companies are raising premiums to cover increasing costs of roofing materials and labor, and are working to change laws to reduce lawsuits and outlaw assignment of benefits by third-party contractors. (11:47) Stacey mentions that insurance companies should better explain that regular homeowners insurance policies don't cover flood damage to avoid Better Business Bureau complaints. (16:07) Stacey discusses the tort reform laws that Florida recently implemented which limit the ability of individuals to collect damages in liability cases if they are more than