Southers Construction Ponzi Scheme Allegations: New Hampshire Attorney General Sues
The roofing world was rocked this week as the New Hampshire Attorney General filed a lawsuit against Southers Construction, alleging the company operated a Ponzi scheme. According to the AG’s office, the 49-page complaint details how the company changed when Ricky Southers began working with Lee Haight, leading to numerous homeowners reporting little to no work done after paying deposits.
Key Points:
- Ponzi Scheme Allegations: The complaint accuses Southers Construction of violating the Consumer Protection Act.
- Homeowner Stories: 17 homeowners claim they were left with unfinished projects after making payments.
- Ongoing Case: This legal battle is just beginning, with many details yet to be proven.
Stay tuned for more updates as this case unfolds. For an in-depth look, check out our detailed video on this topic from last week.
AI in Roofing: Insurance Companies Cutting Rates
AI technology is transforming the roofing industry, and it’s making headlines again. The Florida Peninsula Insurance Company recently announced a rate cut for homeowners, attributing the savings to recent reforms. However, there’s speculation that AI roof scans might also be contributing to these savings.
Key Points:
- AI Roof Scans: The technology helps insurance companies assess roof quality efficiently.
- Florida Insurance Crisis: Homeowners in Florida have faced skyrocketing insurance rates, making this rate cut significant.
- Mixed Reactions: While some believe AI scans will save money long-term, others remain skeptical.
Join the conversation and let us know your thoughts on AI’s role in the roofing industry.
Cape Coral Roofing Company Fire: MTS Construction Investigation
A fire recently engulfed the former headquarters of MTS Construction in Cape Coral. While rumors swirl about the cause, our investigation found no evidence linking MTS to the incident. The building is now occupied by A Plus Roofing and Waterproofing, which has no ties to MTS.
Key Points:
- Fire Incident: The fire is under investigation, with no current evidence pointing to arson by MTS.
- New Occupant: A Plus Roofing operates out of the building now and is a separate entity from MTS.
- Public Speculation: Many online comments suggest the fire was intentional, but there’s no proof supporting this theory.
We’ll keep you updated as more information becomes available.
Accidents: Cape Coral Roofing Company Fire
A fire recently engulfed the former headquarters of MTS Construction in Cape Coral. While some rumors suggested that the fire was intentionally set to claim insurance money, our investigation found no evidence to support this claim. The building is now occupied by A+ Roofing and Waterproofing, a separate entity with no ties to MTS.
- Investigation Highlights:
- Rumors: Speculations of intentional arson for insurance claims
- Current Tenant: A+ Roofing, established in 2022, is unrelated to MTS
- Official Statement: A+ Roofing confirms they are not connected to MTS
We’ll keep an eye on the investigation and update you with any new information.
Tesla Solar Roofs: Declining Numbers and Future Uncertainty
Tesla’s Q1 report failed to provide specific numbers for their solar roof installs, signaling a possible decline in the product’s popularity. However, Tesla’s solar storage systems are performing well, suggesting the company might shift focus.
Key Points:
- Declining Installs: Lack of specific numbers in the Q1 report hints at decreased interest.
- Class Action Lawsuit: Last year’s lawsuit hasn’t helped Tesla’s solar roof sales.
- Solar Storage Success: Tesla’s battery systems are gaining traction, potentially shaping the company’s future strategy.
Good News for the Roofing Industry
SkillsUSA Grant: The Lowe’s Foundation awarded a $1 million grant to SkillsUSA to help recruit Gen Z workers into skilled trade jobs. SkillsUSA’s initiatives, like National Signing Day, support the next generation of skilled workers.
Guardian Roofing’s Community Contribution: Guardian Roofing in Seattle partnered with National Women in Roofing and Rebuilding to provide a free roof installation for a woman in need. This collaborative effort highlights the positive impact roofing companies can have on their communities.
