Other property owners see rates increase ahead of hurricane season. Mark Harper Daytona Beach News-Journal USA TODAY NETWORK This month three carriers of homeowners’ insurance informed state regulators they will be dropping more than 53,000 policies just as hurricane season is arriving. Some Volusia County insurance agents say they’ve been busy – not unlike accountants during tax season – working … Read More
Natural Disaster Impact 40% of small businesses will not immediately reopen 25% more small businesses will close one year later 75% of small businesses without a continuity plan will fail 3 years later General Information As of May 20, 2021, NOAA’s is predicting another above-normal Atlantic hurricane season. Forecasters predict a 60% chance of an above-normal season, a 30% … Read More
Introduction: We want to put this information in front of our clients in an effort to keep you informed about the effects in the Florida insurance market related to frivolous lawsuits and to support the legislative efforts to address this below issue. Please take a few minutes to read the email from American Integrity Insurance on lawsuit reform and join … Read More
By: MarketScout Large homes assessed biggest rate increase The composite rate for personal lines was up 6.3 percent in the fourth quarter of 2020, reflecting the market’s rate acceleration. In fact, homeowners with properties valued over $1,000,000 paid average rate increases of 8.2 percent clearly signaling ongoing price increases for large homes. Richard Kerr, CEO of MarketScout profiled market conditions … Read More
It is becoming more and more common that consumers install solar systems on their homes for the purpose of providing electricity to the home. This is often referred to as “net metering.” While solar panels have been around for a long time, most were used to provide hot water to houses. Solar electric systems are now popular. Under a net … Read More
By Amy O’Connor | October 30, 2020 The Florida Office of Insurance Regulation is monitoring the state’s property insurance situation that is seen as in a crisis by those in the industry. The regulator said the insurance market has been buffeted by multiple hurricanes in the last several storm seasons, as well as by other market challenges like assignment of benefits (AOB) abuse, that “have … Read More
By Amy O’Connor | October 29, 2020 After years of warnings that the Florida property insurance market was heading towards an availability crisis, many in the industry say the moment of reckoning has arrived. They blame unchecked claims litigation from non-catastrophe water losses and rising reinsurance rates that have severely strained the financials of Florida insurers. The situation has gone from bad to … Read More
Congratulations to our Chairman, Greg Baker, who was awarded the Florida Association of Insurance Agents (FAIA) Chairman’s Award. This award derived from, among many other things, his work and leadership in workforce development and in being the main person responsible for getting insurance education programs started in what will soon be 6 state colleges in Florida. Greg was honored in … Read More
Congratulations Davis Alexander, on becoming the first student to receive a 20-44 insurance license (on the same day the law took effect) under the new law created by HB 1133. We are so proud to have you as part of our team! To learn more about the bill, please visit https://www.flsenate.gov/Committe…/BillSummaries/…/html/1097
Our VP, Dan Alexander, was recently elected to the Board of Directors for the Florida Association of Insurance Agents (FAIA). FAIA is dedicated to enhancing the independent agency system through education, legislation, communication and member service. FAIA is the central source of information for 2,200 member agencies throughout the state, which employs over 25,000 licensed agents. Dan just entered his … Read More
On June 22, 2013 Gregory E. Baker received The Mitchell Stallings Memorial Award in recognition of his continuing service to FAIA, to the insurance industry, and to the community. View the pdf
On April 6, 2013, ThompsonBaker Agency will sponsor Kiwanis One Day Walk-A-Thon as part of the Eliminate Project. The Eliminate Project is Kiwanis International’s global campaign to help eliminate maternal and neonatal tetanus from the face of the Earth. The campaign will raise $110 million for the project.
Dan Alexander was welcomed as Chairman of The St. Augustine Chamber of Commerce during the annual breakfast. The Chamber announced its resolution to unify the St. Johns County business community by merging the St. Johns County Chamber of Commerce and the Ponte Vedra Beach Chamber of Commerce.
Congratulations to our Personal Line Team Leader, Matt Cornelison, who was recently awarded Travelers High Achiever of the Year award for the Northeast Florida territory! The High Achiever Award is based on the individuals Experience, Professional Development, Product Knowledge, Quality of Work, Client Service and Team Dynamics. Congratulations again Matt!
Congratulations to our very own Matt Cornelison for graduating from the Chamber’s Leadership St. John’s Class of 2012. “I was truly excited to participate in the program, but was not sure how much I would get out of it,” suggests 2012 graduate Matt Cornelison, of the Thompson Baker Agency. “After meeting the other class members and people in our community, … Read More
Download our 2012 Hurricane Preparedness Guide and get ready for hurricane season, June 1st – November 30th. Do you know why we recommend and sell flood insurance? Check out these Before & After photos from Hurricane Katrina.
Alan recently spoke at the Economic Development Council’s quarterly breakfast. Read about it here.
Please help us welcome our newest intern Charlsea Owens. Charlsea will primarily be working with our Personal Insurance department, but will also perform other duties for the Agency. She is a Senior at Flagler College and is majoring in Business. She is also Captain on the Flagler College Women’s Basketball Team.
Download our 2011 Hurricane Preparedness Guide and get ready for hurrricane season, June 1st – November 30th.
Please help us welcome Dillon Cunningham as our new intern. Dillon is performing the duties of Commercial Lines Account Administrator. He is currently enrolled at St. Johns River State College pursuing a Business degree. We feel confident that Dillon will be an asset to the Agency. This internship program is another way that ThompsonBaker is moving forward with recruitment of … Read More