The Lutgert Insurance Blog


FCCI and Lutgert Insurance presented Walker Contracting Group with an FCCI SafeWorks! award for outstanding workplace safety. Pictured are (L to R): Charity Strassel, Lutgert director of construction; Gary Jarrell, Walker manager of special projects; Mike Walker, Walker president; Beth Mixter, Walker VP finance; Bud Hornbeck, Lutgert president; Jim McPherson, FCCI senior marketing underwriter; Brenda Sypula, FCCI senior commercial lines underwriter; and Tony Adams, FCCI loss control consultant.

$70 billion of original stock certificates and bearer bonds may have been destroyed when a bank vault in lower Manhattan flooded when Hurricane Sandy came ashore.

Many of these documents were originals and cannot be replaced.

If you keep any valuables in a bank vault or at your home, you may want to inquire about moving them to the highest point available or make other plans all together.

Scott Newman, CPCU
Director of Business Development
Lutgert Insurance
239-280-3244
239-262-5360 (fax)

In a recent survey conducted by ACE Private Risk Services, of 168 households with assets over $5,000,000 more than 80% fear their wealth makes them a target for liability lawsuits.  Additionally, two thirds of them believed that public perception of wealthy individuals has become more negative over the past few years.  I do not find these responses surprising but what I did find amazing from this survey was that only half of those families surveyed had adequate liability protection and 21% reported they had no umbrella (excess liability) at all. 

Sarasota-based property and casualty insurer FCCI Insurance Group (FCCI) has appointed Lutgert Insurance to its FCCI Chairman’s Club, an exclusive membership comprised of its highest performing agent partners. Lutgert Insurance is one of only 14 FCCI agent partners nationwide that have earned this distinction.

The FCCI Chairman’s Club is a program designed to reward, support, and promote those agency partners who consistently demonstrate superior levels of performance with FCCI and who conduct themselves with the highest degree of ethics and integrity. Eligibility is open to all FCCI agent partners; however, appointment is only possible through invitation by FCCI regional management.

After enduring a period of extraordinarily high rates for property and worker’s compensation coverage, we have seen a very positive change in pricing and capacity that we feel will continue over the next year or more. This is very good news for the business economy in Florida as the previous high rates made it difficult for existing businesses to survive in Florida and negatively impacted the influx of new companies to our state.

IMGThe National Flood Insurance Program (NFIP) will be adopting new flood maps for the City of Naples, as well as all of Collier County, early in the summer of 2011. What does this mean for your property? Many areas that were previously located in non flood zones or “X” zones have been remapped into zones that now require flood insurance.