Articles by Michael Adams

Florida Court: GEICO on Hook for $100,000 in Additional Attorney Fees

A Florida court has ruled that one of the state’s largest automobile insurers must pay over $100,000 in attorney fees under the “additional payments” provision of its liability coverage. The Florida Fifth District Court of Appeal handed down its ruling …

Florida’s McCarty May Have Survived Scott’s Ouster Bid

Florida’s insurance commissioner appears to have survived in his appointed post for now as a move by the state’s newly re-elected governor to oust him has failed to win support of the other state officials needed to make the change. …

Florida Commissioner McCarty May Have Survived Scott’s Ouster Bid

Florida’s insurance commissioner appears to have survived in his appointed post for now as a move by the state’s newly re-elected governor to oust him has failed to win support of the other state officials needed to make the change. …

Florida Governor Eyes Louisiana Official to Replace Insurance Chief McCarty

Florida Governor Rick Scott is looking for a replacement for the state’s top insurance regulator and has already contacted a potential candidate from Louisiana. Scott’s office has confirmed that the governor contacted Ron Henderson, Louisiana deputy insurance commissioner for consumer …

Uber Auto Policy Meets State Requirements, Says Florida Regulator

Florida’s insurance regulators have determined that a ridesharing company’s automobile commercial liability policy meets state regulations, but legislative action is likely necessary to clarify whether that entitles the company to legally operate in the state. Ridesharing firm Uber has been …

Florida Supreme Court Upholds Workers’ Comp ‘Exclusive Remedy’

Florida’s insurers are breathing easier after the state’s high court ruled that the state’s workers’ compensation law bars injured workers from seeking additional benefits in civil court. The Florida Supreme Court recently handed down a ruling in a case (Morales …

Florida PIP Report Shows Reduction in Rates and Fraud

Florida’s attempt to lower the cost of personal injury protection (PIP) automobile coverage is progressing as insurers’ rates have declined due in part to lower losses and fewer fraudulent claims. The Florida Office of Insurance Regulation released an annual report …

Florida Insurance Commissioner McCarty’s Reappointment in Doubt

Florida’s insurance regulator’s tenure could be coming to an end after more than a decade as the newly re-elected governor looks to shake up his administration by replacing the heads of state agencies. Rumors have been circulating that Insurance Commissioner …

Florida Court Upholds Workers’ Compensation ‘Exclusive Remedy’

Florida’s insurers are breathing easier after the state’s high court ruled that the workers’ compensation law bars injured workers from seeking additional benefits in civil court. The Florida Supreme Court recently handed down a ruling in a case (Morales v. …

North Carolina Home Insurers Weigh Appeal of Rate Denial

North Carolina property insurers are on hold while the industry-backed rating agency contemplates whether to appeal a decision by regulators denying a proposed 25.3 percent rate increase. The North Carolina Rate Bureau made the rate filing on behalf of the …