Brendan Lynch of Lake Worth and former member of our CRA is the CFO of Plastidge Insurance Agency. His company is in the middle of a law suit with Century Village, Ventnor's B Building in Deerfield Beach. CFO's are in charge of the money and most don't want to part with a penny.
A fire started in a condo unit 5.5 years ago and to this day, all those units that were affected, are still considered unsafe and uninhabitable. 192 people filed a class action suit. These folks feel that it is because they are elderly that the system is throwing them down the tubes.
When you are dealing with insurance and you have a claim, you are just screwed. It is nothing personal against Brendan and this is not just about Plastidge but all insurance companies and agencies. Brendan's company just happens to be involved in this claim. You learn quickly that most everything that lead up to filing an insurance claim is not covered. Not only that, you can't even get the coverage.
Insurance companies have expert after expert writing policies to make damn sure that you are not covered and any possible claim will be in their favor. Some even have an unwritten policy to deny as much of a claim as possible. Have you ever tried reading a commercial policy? It would take 10 lawyers to figure it out, maybe. Basically, after spending thousands or even hundreds of thousands of dollars on your insurance premium, you are self-insured. CLICK HERE. The insurance company is the only winner.
Insurance companies have the big bucks to lobby politicians to get favorable legislation. Now Rick Scott wants the insurance industry to be deregulated. Rep. Evan Jenne, D-Fort Lauderdale, sits on the House banking and insurance committee and worries about releasing the insurance industry to market forces. I don't blame him there. It will be a free for all. There is a property insurance Bill that Rick Scott supports that will make it harder for property owners to get claims paid.
“That’s what it’s about this year is turning the reins of government over to big business,” Jenne said. “I don’t think people really understand what complete deregulation or massive deregulation will do to them as consumers. They’ll pay less to their government at the end of the day, but they’ll be paying even more to the insurance companies.”
This, if it happens, will cause nightmares for everyone in the State of Florida. Bring your wallet if you want to live here. Retirees who used to be welcomed residents, who paid their bills and added to the economy as well as all those on fixed incomes, forget it. You are forever screwed. Move to Arizona.
As I recall, Brendan never had ANY problem with spending money when he was on the CRA. Oh wait-that wasn't HIS COMPANIES money that he was spending! IT WAS MY TAX DOLLARS !!!
ReplyDeleteIt's strange how this piece is not about Brendan Lynch but the first thing you do is mention him and his time on the C.R.A. Which in turn opens the door to ridicule from anyone who wants to do so. Which the first comment so apply shows. Maybe civility begins at home and travels with us to government.
ReplyDeleteYa, it was your tax dollars that would have gone to the county instead of right here in Good ol' Lake Worth.
ReplyDeleteThe CRA did just fine.
Sure it did. Ask them about the $1 mil they pay every year to pay off the Gateways. Ask them about the money they still owe on the Lucerne. Ask them about all the crap they did.
ReplyDeleteYa, I agree with P.M.M. the issue was insurance and what they cover and don't. Not about Lynch or the CRA.
ReplyDeleteI asked them "about the crap they did" and they said "can you be more specific?"
This is about insurance and the fact that they do not pay off when you need them to or think that they will after paying your premiums. Plastidge is involved in this same issue which makes the mention relative. The above photograph tells the story after nearly 6 years. Sorry you don't like truth. It hurts. It matters.
ReplyDeleteYes, this piece is about Brendan Lynch- he works for the ins Company in the article. Brendan and the CRA board he sat on SHOULD be held up for ridicule. The CRA saves A PORTION of the money that would otherwise go to the county. I would rather my tax dollars HAD gone to the county rather than the ways it was squandered by the CRA board that Brendan sat on!The county must have laughed their a$$es off behind the scenes( instead of having to maintain county roads, this stupid board did it for them)!The roads are now a huge nightmare for pedestrians to cross. And like I've said before, the only thing that Brendan and the rest of the Bobble-heads did was to make a nice place for the drug dealers to sit !Don't even START me on the Pugh property deal!!!!
ReplyDeleteWe need to be protected by the insurance companies in FL. This is awful.
ReplyDeleteAnytime one takes a stand on or writes about something, it is subjecting the issue or the author or something in the content to ridicule and worse. So, your point anonymous PMM? This is politics. Get over it. You guys play the game better and dirtier than anyone around. That's a fact. And if you have a legitimate gripe, use your real name. Man up.
ReplyDelete