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ASSIGNMENT OF BENEFITS

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ASSIGNMENT OF BENEFITS
Assignment of Benefits is a commonly used tool by water, fire/smoke restoration and resolution contractors.Assignments of Benefits is typically a written contract proposal form for the restoration contractor and has become the standard method for guaranteeing payment by the homeowner’s insurance carrier. Assignment of post-loss benefits have been recognized in Florida since 1917, as set forth in the Florida Supreme Court’s decision in West Florida Grocery Co. v. Teutonia Fire Ins. Co., 77 So. 209 (Fla. 1917). Florida’s Second District Court of Appeal recently upheld the ability of a policyholder insured to make multiple assignments under a homeowner’s insurance policy.  Nicon Construction v. Homeowners Choice Property and Casualty Insurance Company cite involved a policyholder’s issuing assignments of benefits to separate restoration and reconstruction vendors.  The insurer argued that upon the policyholder’s assigning the policy rights to the first restoration ve…

DIFFERING COVERAGES AND EXCLUSIONS OF YOUR GCL POLICY, EXCESS POLICY AND UMBRELLA POLICY

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DBPR'S EMERGENCY RULE ALLOWS GENERAL, BUILDING, AND RESIDENTIAL CONTRACTORS TO DO RE-ROOFING

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DBPR’S EMERGENCY RULE ALLOWS GENERAL, BUILDING, AND RESIDENTIAL CONTRACTORS TO DO RE-ROOFING

To our clients who are hard at work in repairing the damages of Hurricane Irma, the Department of Business and Professional Regulation has declared an emergency rule permitting general, building, and residential contractors to do re-roofing in FEMA identified disasters zones.

This is an opportunity for your company to gain some additional business while serving your community that’s in need of relief.

The Disaster Contractors Network; register and select the areas in which you are available to provide services: http://www.dcnonline.org/



The DBPR Emergency Order: http://files.constantcontact.com/de700d13601/9dc735f5-4bc6-4c12-8890-d6987b4377b9.pdf

APPLY FOR ASSISTANCE – www.fema.gov

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APPLY FOR ASSISTANCE – www.fema.gov
After Hurricane Irma’s devastation, FEMA is accepting applications for Individual Assistance; you will not be required to pay back FEMA. You may be referred to the Small Business Administration (SBA) for a low interest disaster loan; if you qualify, you will be required to pay back the loan. Stay Safe.


Please visit:https://www.fema.gov/apply-assistancefor instructions; https://www.disasterassistance.gov/ for application; https://www.sba.gov/loans-grants/see-what-sba-offers/sba-loan-programs/disaster-loans for SBA loan application

TAX RELIEF FOR VICTIMS OF HURRICANE IRMA IN FLORIDA – www.irs.gov

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TAX RELIEF FOR VICTIMS OF HURRICANE IRMA IN FLORIDA – www.irs.gov
To our clients who reside or have a business in the counties affected by Hurricane Irma, the IRS has declared extensions for filing tax returns, paying taxes and for other time-sensitive acts. Certain deadlines on or after September 4, 2017 and before January 31, 2018, are now postponed through January 31, 2018.


Please see link for further details; you may qualify for relief:https://www.irs.gov/newsroom/tax-relief-for-victims-of-hurricane-irma-in-florida

United States Citizenship and Immigration Services - Revision to the I-9

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REVISION TO THE I-9
  Last month, the United States Citizenship and Immigration Services (USCIS) released its most recent revised version of the I-9 form, also known as the Employment Eligibility Verification Form. The new I-9 can be found here: https://www.uscis.gov/news/alerts/revised-form-i-9-now-available. Employers can immediately switch over to the revised version or continue using the I-9 with a revision date of 11/14/16 up until September 17, 2017. On September 18, 2017, however, employers must use the revised form with a revision date of 07/17/17 for all new employees. Although the revisions may seem inconsequential, they are designed with the intention of making the form easier to navigate and reduce the number of errors. 
  Employers must continue following existing storage and retention rules for any previously completed Form I-9 and the rules regarding storage and retention have not changed under the newly revised I-9. Current employees do not have to fill out the new f…

Contractors and Subcontractors Beware

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Contractors and Subcontractors beware of shopping center, retail and out parcel projects. Big box and specialty retailer store closures may impact collectability for ongoing projects.

Fortune 500: The Death of Retail is Greatly Exaggerated | Fortune.com