(Photo: AAIS)
AAIS (the American Association of Insurance Services), a national non-profit insurance advisory group, has received approval for its new Florida Homeowners By-Peril Insurance Program from the Florida Office of Insurance Regulation (FLOIR).
With all of the unique insurance issues in Florida, from severe weather to continuous regulatory and litigation issues, AAIS representatives say their Florida Homeowners By-Peril Program will provide a solution to problems some carriers face.
|About the program
The AAIS By-Peril program enables carriers to manage specific property exposures by the peril causing losses. The By-Peril rating program uses algorithms and loss cost selections that account for unique elements required in Florida.
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