With Florida Rulings, Will More Insurers Require Arbitration in Claims Disputes? April 1, 2022 By William Rabb A decision handed down Thursday by the Florida Supreme Court, along with a recent ruling by state regulators, could give...
Florida Reaches $878M Opioid Settlements With CVS, Teva, Others March 31, 2022 Florida has reached more than $878 million in settlements with CVS Health Corp and three drug companies to resolve claims...
Flood Rating 2.0 Begins April 1 for NFIP Renewals, Hiking Premiums for 2 Million Homes March 31, 2022 Starting April 1, property owners in low-lying areas across the country will see their premiums increase when they renew their...
Tornadoes Kill Two, Leave Damage, Power Outages Across Parts of South March 31, 2022 Strong thunderstorms and tornadoes caused damage across parts of five Southern states Wednesday night and Thursday morning, killing two people...
After Suspending New Business in Florida, Lighthouse Loses Financial Rating March 31, 2022 The Demotech rating firm has withdrawn the financial stability rating for another Florida-admitted insurer, Lighthouse Property Insurance. It’s an ominous...
Georgia Tree Company Supervisor Pleads Guilty in Murder of Whistleblowing Worker March 30, 2022 A man who helped supply undocumented and uninsured immigrant labor to a tree removal company in Georgia has pleaded guilty...
No Florida Special Session for Months, but OIR Moves to Allow Roof Deductibles March 30, 2022 By William Rabb A special insurance-reform session of the Florida Legislature probably won’t happen before November, when a new House speaker takes office....
Alabama Wildfire Chars 600 Acres; No Injuries Reported March 29, 2022 A wildfire that began over the weekend has consumed more than 600 acres of woods southeast of Birmingham, threatening homes...
Georgia Commissioner Directs Insurers to Pay Full Amount of Taxes on Totaled Vehicles March 29, 2022 Georgia’s insurance commissioner has issued a directive to auto insurers to include the full amount of sales tax when settling...
Lexington Insurance Pulling Out of Florida, Other Markets for High-End Homes March 29, 2022 Lexington Insurance, an AIG company, is pulling out of the Florida homeowners market, leaving an estimated 8,000 affluent customers looking...