• Happy Labor Day and Reminder of Upcoming Property Insurance Workshops Happy Labor Day and Reminder of Upcoming Property Insurance Workshops

    Happy Labor Day and Reminder of Upcoming Property Insurance Workshops

Happy Labor Day and Reminder of Upcoming Property Insurance Workshops

Labor Day was created by the labor movement in America and honors the social and economic achievements of American workers. Our nation’s strength and prosperity depends on the strength of American worker. A decent wage, a secure retirement, safe working conditions, and affordable healthcare are all fruits of the efforts of organized labor. We should honor the ingenuity of American workers.

In the above photo is Senator Sachs with Sharon Glickman, President of the Broward Teachers Union (BTU), and other officers of BTU

My husband, Peter, and I wish everyone a fun, safe and Happy Labor Day weekend from our new place in Delray Beach.
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REMINDER:   Don’t Forget About Upcoming Property Insurance Workshops

September 11, 2013
6 pm to 8 pm
Fort Lauderdale Beach Community Center
3351 NE 33rd Avenue
Fort Lauderdale, FL 33308

September 12, 2013
2 pm to 4 pm
Delray Beach Public Library
100 West Atlantic Ave
Delray Beach, FL 33444

September 12, 2013
6 pm to 8 pm
Boca Raton Downtown Library
400 NW 2nd Avenue
Boca Raton, FL 33432

September 13, 2013
11 am to 1 pm
Emma Lou Olsen Civic Center
1801 Northeast 6th Street
Pompano Beach, FL 33060

 

Here is a link for more information on the Property Insurance Workshops

By |September 3rd, 2013|Latest News|0 Comments

Update to Homeowners Insurance Workshop

Homeowners Insurance Workshop

Homeowner's Insurance

Join Senator Maria Sachs for a community workshop on homeowners insurance.  

Receive straight-forward answers on all insurance questions directly from experts in the insurance field.  Be sure to bring your policies.

When: Tuesday, October 2, 2012

Time:   5:30-7:00 pm

Where: Jarvis Hall

4501 N. Ocean Blvd., Lauderdale-By-The-Sea

The event is free and open to the public.

Participants will include:

 

·      Florida Association for Insurance Reform Executive Director Jay Neal

·      Attorney with the Merlin Law Group and Founder, Policyholders of Florida Sean Shaw

·      Van Ameringen’s Insurance and Financial Service’s President Len Turesky

 
Limited seating.  To reserve a spot, email Baer.Rebecca.S30@FLSenate.gov

or call (561) 279-1427.
Refreshments will be served.

 

 

 
 

 

 

Property Insurance: A Storm Brewing

The most important asset most Americans own is their home. The thought of your insurance company not having the funds to cover property losses is scary enough, but becomes an nightmare during the middle of hurricane season. Today, Floridians who have Citizen’s Insurance need to be informed of the truth behind the financial liquidity of the insurance company of last resort.

Insurance is one of the issues that the legislature controls, and is one of the top issues that affects my district, especially the coastal communities and those who live east of I95.

For this reason, I am hosting a workshop, not a political forum, but an opportunity to talk directly with insurance experts on the best insurance coverage for your particular needs and budget. I invite all homeowners, as well as business owners, to bring their policies with them as they will have an opportunity to discuss their particular insurance needs directly with the experts.

Our first workshop will be held in Lauderdale by the Sea, the second in Pompano Beach. All will be hosted by the mayors of those cities.
Contact my office to set up one for your city or HOA today.

 

By |August 15th, 2012|Latest News|1 Comment

Insurance Crisis

Florida’s insurance industry is in the midst of a crisis affecting millions of homeowners.  As Floridians prepare for the start of another hurricane season, it is time for we in government to take a serious look at the state’s problematic property insurance structure.

Even as the State Legislature has taken steps to reign in costs by capping rate increases, Florida’s own “insurer of last resort,” Citizens Property Insurance Corporation,  could increase rates for new customers as much as 55 percent next month.  And this week Citizens announced it planned to re-evaluate policies to determine whether discounts given to customers for home improvements were warranted, a move that could increase premiums for existing customers.
It has been six years since Florida was last hit by a major hurricane.  As a result, Citizens carries a surplus of $6 Billion.  We need to do more to ensure that Citizens does not take advantage of the 337,000 homeowners in Broward and Palm Beach Counties who are already struggling to pay premiums.  We need to do more to hold insurers, Citizens and private companies, accountable and equip the state to be a tougher “watchdog” over the property industry.
In the meantime, I am planning a series of workshops that will invite residents to have their insurance policies analyzed by a representative of the Florida Office of Insurance Regulation to determine if they qualify for more affordable coverage.  If you would […]

Property Tax Relief from BP

Governor Charlie Crist signed an executive order giving tax relief to protect Palm Beach County property owners.
Rep. Sachs Speaking with Gov Crist

Florida homes and business owners in Palm Beach County whose property lost value due to the oil spill can now make a claim against BP to recover part of the tax bill. The Property Appraiser is allowed to offer property owners a reassessment of the value of their property.

When the leadership of the Florida legislature failed to act on behalf of property owners in Florida, the Governor took action and issued his executive order. British Petroleum will be responsible for paying the difference in taxes, rather than the cash-strapped counties that have been most affected by the oil spill. Anyone whose commercial or personal property has been adversely affected by the oil spill should contact the office of the Property Appraiser.

Safeguard Our Seniors Legislation

This week, along with Chief Financial Officer Alex Sink, I spoke at two events about my Safeguard Our Seniors legislation, House Bill 825. Today CFO Alex Sink and I hosted a “Safeguard Our Seniors” workshop in Palm Beach County in an effort to draw attention to the need for tougher senior investor fraud laws.
“We need tougher laws on the books, but so far some politicians in Tallahassee have been protecting the special interests, not our seniors’ interests,” said CFO Sink. “Seniors are losing their life savings, deceitful agents are operating undeterred, and it’s time to stand up and take action. Nothing should stand in the way of holding criminals accountable for their actions, especially special interests and unresponsive politicians.”

The Safeguard Our Seniors (SOS) bill makes the act of “twisting” or “churning” an annuity to a senior consumer a third-degree felony, punishable by up to five years in prison. Twisting occurs when an existing life insurance policy or annuity contract from one insurance company is surrendered and the money is used to purchase another annuity from a different insurance company. Churning occurs when an annuity is switched within the same insurance company. Either way, the insurance agent gets a commission, and the annuity switch may not hold any financial benefit for the consumer and, in fact, may actually cost the consumer money. The legislation also provides many other protections to seniors to keep them from being taken advantage of by deceitful agents. “I am committed to working hard to get this legislation passed. We need stronger punishments against scammers who prey on Florida’s seniors,” Rep. Sachs said. “Our seniors have filed hundreds and hundreds of complaints and it’s time we listen to them and […]