Yearly Archives: <span>2023</span>

Keyes Acquires Three Florida Firms

Keyes Coverage, a rapidly growing Florida insurance brokerage, has acquired three firms: Bill and Sheila Gaylor Insurance, based in Melbourne, Florida; My Florida Insurance Broker, in Vero Beach; and Brian Laudanno Insurance in Coral Springs. It’s part of a plan …

Florida’s Reform Bill Means New Deadlines for Insurers, Insureds, Starting This Week

Senate Bill 2A, enacted into law in December, gave Florida property insurers some major relief on litigation costs. But it also required a number of consumer-friendly actions from carriers and sets new timetables on claims, starting this week, the Florida …

PLUS Panelists Warn Insurers Not to Get Comfortable Riding the Cyber Rollercoaster

Jeremy Gittler, practice leader and head of Cyber Americas at AXA XL, thinks of the cyber insurance industry as a rollercoaster. He says that after several years of turbulence with the advent of more sophisticated ransomware, the market is slowly …

New York EMS Workers Settle Suit With City Over Media Interviews

Four New York City ambulance workers who said they were disciplined for speaking to the media during the harrowing, early months of the COVID-19 pandemic have reached a settlement in their free speech lawsuit against the fire department and the …

Families Sue Over Covid-19 Deaths at Chelsea Veterans Home

The families of three residents of a veterans’ care facility in Massachusetts who died after contracting COVID-19 in the early days of the pandemic say in federal lawsuit that the deaths were “premature and preventable” and the result of “unsanitary, …

Family Hurt in Helicopter Crash Suing Nevada Firm

Four family members from Australia who were injured during a crash-landing of a sightseeing helicopter in Southern Nevada in December have filed a lawsuit in the U.S. seeking more than $400,000 in damages from the tour operator. Las Vegas-based Papillon …

Shipping Companies Reach $97M Settlement in California Oil Spill

Shipping companies will pay nearly $97 million to settle a lawsuit with a pipeline operator over a 2021 oil spill off the coast of Southern California, the pipeline company said Wednesday. Amplify Energy, the Houston-based company that operates the pipeline, …

Meta’s Record Privacy Settlement Spurs Dispute Over State Claims

Meta Platforms Inc. is wrong to say its $725 million settlement of a lawsuit claiming Facebook illegally shared user data with a controversial research firm protects it from similar claims brought by New Mexico, attorneys for the US state said. …

SoCal Storms, Back-to-Back Hurricanes in South Central Part of New Normal?

A new AM Best commentary on the latest winter storm to hit Southern California drives home the growing risk and the financial volatility that weather-related losses pose for the insurance industry. According to the commentary, titled “Changing Weather Patterns, Climate …

White House Releases New National Cybersecurity Strategy

The White House announced a new national cybersecurity strategy meant to make the digital ecosystem more resilient, including a more aggressive stance against malicious cyber actors and shifting responsibility to “organizations that are most capable and best-positioned to reduce risks …