On Monday, April 27, 2015, a severe thunderstorm for Southeastern Broward County and Northeastern Miami-Dade County let to flooded streets, quarter-sized hail and lightning.

In North Miami, strong gusts of wind knocked down power lines, signs and a tree, which landed on top of a car. Branches and debris littered many neighborhoods and roadways.

Due to the inclement weather, residents in both Miami-Dade and Broward County lost power. According to FPL, as many as 2,624 Miami-Dade residents and over 3,000 Broward residents were without power. Luckily, no one was hurt.

High winds and rain also passed through North Bay Village and quarter-sized hail fell in Pembroke Pines.

If your home sustained damage as a result of the high speed winds or hail, or think you may have a property claim, call The Property Claim Lawyers of The Mineo Salcedo Law Firm. One of our attorneys will be happy to review your insurance policy and conduct a free inspection of your home.

Authorities have confirmed that a tornado touched down near Ocala, Florida last week, causing sever damage to dozens of homes. Luckily, no injuries were reported but at least half a dozen homes suffered heavy damage when the line of thunderstorms passed through the area on Monday afternoon.

Marion County officials estimate that the tornado had wind gusts between 86 and 109 miles per hour. Most of the damages were within the Palm Cay and Oak Run neighborhoods.

If you have any questions concerning your Homeowners’ insurance policy, or think you may have a property claim, call The Property Claim Lawyers of The Mineo Salcedo Law Firm. One of our attorneys will be happy to review your insurance policy and conduct a free inspection of your home.

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A series of South Florida Condominium Robberies committed by the same group of subjects has an estimated combined monetary loss of $2.5 million. The crimes are being investigated be three different counties, several agencies, and 20 detectives. The Hillsboro Beach Police met with Bay Harbor Police officials Tuesday as both departments have been forced to deal with the same issue – a group of at least six individuals they believe are working together to target high-end South Florida condominiums.

A surveillance video has been released from the police department showing persons of interest during a February break-in. Officers received tips regarding a break-in in Fort Lauderdale after 7News aired the video. Suspects were once again captured on camera. 

If your home has been burglarized or vandalized, you may have a claim. Call The Mineo Salcedo Law Firm for a free consultation and inspection at (954) 463-8100.

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Researchers predict the 2015 Hurricane Season will be a mild one. They are predicting only 7 storms, compared with the 30-year average of 12. It is also predicted that three of these storms will reach hurricane strength of at least 74 miles (119 kilometers) per hour. The season starts on June 1st and lasts through Nov. 30. Citizens Property Insurance Corp., known for providing coverage when other insurers won’t take the risk, is selling as much as $1 billion of municipal debt. It would be the insurer’s first bond sale in three years. In 2012, Citizens told investors that it writes policies in areas that “appear to be at the highest risk” of hurricanes and sinkholes. If a storm produces enough claims to consume reserves, Citizens can ask for a surcharge on property-insurance policies sold statewide, including those from other companies, to repay its bonds.

One risk is that regulators don’t grant the surcharge. With storms bypassing the state, the company earned net income of more than $1 billion the past two years, raising its surplus to $7.4 billion at year-end, compared with a deficit of $1.8 billion at the end of 2005, according to financial statements.

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There’s good news and there’s bad news. The good news is Florida’s foreclosure activity has declined by more then a third from a year ago. The bad news is it still ranks as one of the highest in the nation. A recent report from research firm Realty Trac shows one in 570 homes in Florida is in foreclosure. Read more about Foreclosures in Florida 2015 at http://bit.ly/19MaKdY