The Department of Financial Services has received reports of an unlicensed entity selling bogus homeowners insurance. Global Insurance Group, headquartered in Aventura, Fla., has been aggressively advertising that it offers the lowest windstorm insurance rates in Florida. When asked about its licensing status, a company representative reported that it sells coverage through a company named Global Property and Casualty Insurance. Neither entity is either licensed or authorized to sell insurance in Florida.
Was this article valuable?
Here are more articles you may enjoy.
Florida Appeals Court Strikes Jury’s $335,000 Award in Universal Plumbing Claim 
Berry Producer Driscoll’s Sued Over Alleged Greenwashing, Use of Forever Chemicals 
NYC Says Source of Legionnaires’ Disease Has Been Eliminated 
Majority of Small Business Are Underinsured as Other Expenses Prioritized From This Issue
