For Immediate Release:
December 17, 2009
Contact: Vicki Twogood
850-413-2970
TALLAHASSEE — In an effort to help Floridians affected by property insurance losses the Insurance Consumer Advocate will host a roundtable on Wednesday, January 6, 2010. Recently, several insurance companies have amended or removed the appraisal provision from their policies. The appraisal process had been considered to be a cost-effective process for resolving claim disputes, but has been highly criticized in recent years.
Sean Shaw will bring together members of the insurance industry and other professionals who are involved in the alternative dispute resolution processes, such as public adjusters, appraisal umpires and attorneys. The roundtable will work to identify complications with the current appraisal process and make recommendations on how to improve the appraisal process so that it can again be a viable dispute resolution process.
The following is pertinent information regarding the time and location:
DATE: Wednesday, January 6, 2010
TIME: 10:00 A.M. – 12:00 P.M.
1:00 P.M. – 3:30 P.M.
LOCATION: House Office Building, 4th Floor
Committee Room 404
The Capitol
Tallahassee, FL 32399
A copy of the agenda will be posted on the Insurance Consumer Advocates website at: http://www.myfloridacfo.com/ICA/. Public Comments will be heard in the afternoon session. Those unable to attend the meeting may listen via conference call at Dial-in Number: (888) 808-6959, Conference Code: 4132880 or watch the roundtable on the Florida Channel’s website at http://www.wfsu.org/tfc/index.php.
Participants of the Claims Dispute Resolution Roundtable include:
The Insurance Consumer Advocate is appointed by Florida Chief Financial Officer Alex Sink and is committed to finding solutions to insurance issues facing Floridians, calling attention to questionable insurance practices, promoting a viable insurance market responsive to the needs of Florida’s diverse population and assuring that rates are fair and justified.