American Integrity Insurance Company

Third-Party Litigation Funding, which involves investors providing funding for lawsuits with the expectation of financial returns, is on the rise in the past few years. It has become a significant concern for companies and insurers, due to the escalating costs associated with settlements and jury verdicts. This trend has made it increasingly challenging for insurers to manage their underwriting portfolios, potentially resulting in higher premiums for customers. Legal system reforms, including the implementation of disclosure requirements for third-party funders, are being proposed to tackle the issues arising from this growing threat. By combining proactive risk management practices and legal system reforms, insurance costs can be kept in check while ensuring protection for individuals who have been harmed by corporations. https://lnkd.in/eWbr8nZq

As a Southern homeowner, starting the year with a clear understanding of your insurance coverage is key to protecting what matters most. From unpredictable weather to life’s changes, ensuring your policy is up-to-date provides peace of mind and security for 2025. At American Integrity, we’re committed to helping you safeguard your home and loved ones. Contact your knowledgeable American Integrity agent today to review your policy. Let’s make this year your most prepared yet!

Frivolous lawsuits have far-reaching consequences that impact not only the direct parties involved, but also affect the lives of all individuals in Florida. By driving up the costs of fundamental necessities like food, cars, healthcare, and insurance, this misuse of lawsuits creates a ripple effect that can trigger job losses, inflation, and financial strain. The burden of these unnecessary legal battles disproportionately weighs on Floridians, particularly impacting retirees and working families within marginalized communities. However, the positive outcomes of tort reform enacted in 2022 and 2023 are becoming increasingly evident. The decline in frivolous lawsuits has led to more market stabilization, and in some cases, even resulted in premium reductions for some policyholders. This shift not only benefits individual consumers but also contributes to the overall economic stability and well-being of the broader Florida community. By addressing the root causes of frivolous lawsuits and fortifying legal frameworks to deter their proliferation, Florida stands to safeguard the financial interests of its residents and reinforce a more equitable and sustainable economic landscape for the future. https://lnkd.in/eh8h-Zvv

🌟We are #hiring! 2025 is the year of growth, personally, professionally, and even as an organization! We're excited to see the new innovation and exciting accomplishments that come out of this year. What's your #NewYearsResolution? Find a job that values you? Join a team that has an awesome culture? You can find all that right here 👉 https://lnkd.in/eVei7WCt

The surge in "nuclear verdicts," (jury awards of $10 million or more) is resulting in a hidden “tort tax” for consumers. These mammoth payouts are not only driving up costs for industries like trucking and retail but also impacting the prices of goods and services, putting a strain on finances and risking business operations. Some business owners are pushing for more transparency in litigation funding and reforms within the legal system to tackle the challenges brought by these hefty verdicts. They're urging for transparency in funding to ensure that everyone involved in a case, including potential jurors, knows who's financing the legal battle. Industries like trucking are feeling the squeeze as insurance costs skyrocket due to these large verdicts. Without reform, there's a real risk of insurance becoming unaffordable, adding more financial stress on businesses. This could spell trouble for business survival and financial stability, especially when companies are already facing tight margins and financial pressures. Ignoring these challenges could have significant financial consequences on Florida businesses and consumers alike. https://lnkd.in/e6e5j8tX

Happy 5th Anniversary, John Walsh! John came onboard in 2020 as our VP of Innovation and Data to lead our Data Insights & Reporting and Special Projects teams. We're grateful to have him on our team and we can't wait to see what 2025 holds for us! Congratulations on 5 years, John!

It’s embarrassing, really. 🤦

Start the New Year by ensuring your home and insurance are in top shape! Here are 5 simple resolutions for 2025: 1. Review Your Homeowners Insurance Policy: Ensure your coverage reflects any home improvements or changes by chatting with your trusted American Integrity agent. 2. Update Your Home Inventory: Document new purchases from the holidays and any valuables to ensure they're covered. 3. Create a Home Repair Emergency Fund: Set aside savings for unexpected repairs to avoid filing minor claims. 4. Enhance Home Security: Install or upgrade security systems to protect your home and potentially lower insurance premiums. 5. Schedule Regular Maintenance Checks: Regularly inspect your home to prevent issues and maintain its value. Contact your American Integrity agent and check out our website for more information where you can review your policy on our customer portal at: https://lnkd.in/eBBHKn5n. Thank you for being a valued American Integrity Insurance policyholder. We look forward to serving you for years to come.

The Florida Attorney General’s office has initiated an inquiry into CMR Construction & Roofing following a surge of over 100 complaints received post-Hurricane Ian. Customers, such as Lisa Cooper, have encountered issues including delays, substandard work, and property liens after engaging CMR for roof repair services. Additionally, the company faces potential revocation of its BBB accreditation. As the investigation progressed, it became increasingly apparent that CMR’s conduct had not only failed to meet homeowners’ expectations but had also exacerbated the financial and emotional burdens on those already struggling with the aftermath of Hurricane Ian. For homeowners navigating the challenging aftermath of a natural disaster, it is imperative to validate contractors’ credentials by consulting the Department of Business and Professional Regulation (DBPR) to verify their insurance coverage, licensing, and registration in the state. This simple yet vital step can help safeguard homeowners from falling victim to unscrupulous practices and provide reassurance during the challenging recovery process. https://lnkd.in/eD7zFEEf