About: Ted A. Corless
Posts by Ted A. Corless:
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Business Intelligence: The Basics of Commercial Property Insurance Claims
When a catastrophic loss occurs, a business owner’s first impulse may be to mitigate the loss and resume operations as quickly as possible. However, settling a commercial property insurance claim is a complex undertaking and accepting an insurance adjuster’s opinions or an insurance company’s offer of settlement without investigation or review can lead to a […]
Posted on in Insurance -
Sinkhole Season: Know Your Rights
Last week, the ground cracked open in front of a South Florida gated community. Firefighters arrived at Cooper City’s Biltmore Grove just after 1:30 p.m. AT&T subcontractors had apparently busted a water main during an excavation outside the neighborhood, and the rupture caused water to flow from the roadway and created a sinkhole measuring about […]
Posted on in Insurance&Sinkholes -
From TampaBay.com: Editorial: Why should Citizens policyholders need their state lawmaker to get claims resolved?
Citizens Property Insurance wisely ended its long-running fight with a Palm Harbor condominium association with a good resolution that finally will allow the homeowners to make needed sinkhole repairs. But the settlement only came about because an in… Read More […]
Posted on in Insurance&Sinkholes -
Construction Law: More Lawsuits Filed Over Miami Bridge Collapse
It has been a little more than a month since a bridge collapsed over a busy Southwest Eighth Street in a Miami suburb, killing six people and injuring others. There continues to be many questions about the cause of the incident on March 15, 2018 near the Sweetwater campus of Florida International University. The $14.2 […]
Posted on in Insurance&Personal Injury -
Personal Injury Claims for Ridesharing Accidents
The expansion of ridesharing companies like Uber and Lyft in Florida, and the emergence of self-driving cars are poised to transform personal injury law and the insurance industry. As the Sunshine State continues to attract millions of visitors and new residents each year, it is no surprise Florida has embraced ridesharing as a key transportation […]
Posted on in Insurance&Personal Injury -
Citizens Hit with $12.7 Million Verdict, and Its President Can’t Handle the Sunshine
March 19, 2018 Re: Response to Barry Gilway’s March 16, 2018 Letter to the Editor Barry Gilway, president/CEO and executive director, of Citizens Property Insurance Corp. (“Citizens”), recently responded to an article published in the Tampa Bay Times concerning the trial between Cloverplace Condominiums Association (“Cloverplace”) and Citizens in which a jury – after […]
Posted on in Insurance&Sinkholes -
Corless Barfield Trial Group Wins $12.7 Million Verdict Against Citizens Property Insurance
Built in the 1980s, Cloverplace is a duplex community just off U.S. 19 in Pinellas County. The 120 buildings (240 units) are home to about 500 people, many of them retirees and young families. In 2007, residents of the Cloverplace Condos began to notice unmistakable signs of sinkhole activity. Walls were cracking, stucco was peeling […]
Posted on in Insurance&Sinkholes -
Sinkholes Swallow Real Estate in Florida
SINKHOLES IN THE NEWS How do sinkholes form? Why does Florida get so many of them? The questions posed here are timely, for sure. Several sinkholes opened up recently in The Villages, threatening several homes, the Marion County Sheriff’s Office said. Four homes were evaluated. Officials said the largest of the three holes is 35 […]
Posted on in Insurance&Sinkholes -
Is It the End of Florida’s No-Fault Auto Insurance System?
Did you know that Florida drivers pay some of the highest insurance rates in the nation for the least amount of coverage? Florida drivers paid the fifth-highest average auto insurance bill in the United States in 2015. Moreover personal injury protection (PIP) premiums increased 25 percent in 2015 and 2016. Today, Florida is one of […]
Posted on in Insurance&Personal Injury