Florida Lawsuit Charges United P&C With RICO Violations in Widespread Claims Denials January 14, 2022 By William Rabb In the ongoing war between restoration companies and insurers in Florida, contractors suing carriers in assignment-of-benefits claims is nothing new....
Princess Cruise Lines Pleads Guilty to Probation Violation in Waste Dumping Case January 14, 2022 Princess Cruises has pleaded guilty Wednesday to violating its probation related to previous environmental crimes. Company officials signed a plea...
In Fireworks Factory Explosion, James River Must Defend Owners, Court Says January 14, 2022 By William Rabb A federal appeals court has found that an insurance carrier has a duty to its policyholders in wrongful death and...
Two Wanted in Georgia After Creating Fake Insurance Company January 13, 2022 Two women have been charged with insurance fraud in North Carolina after car crashes, and three men and a woman...
High Street Continues Rapid Expansion Plan January 13, 2022 High Street Insurance Partners, a brokerage based in Michigan with offices in 23 states, announced that it has purchased two...
HCI Postpones Home and Flood Insurer TypTap’s IPO Until ‘Conditions Are Appropriate’ January 13, 2022 Holding company HCI Group announced it is postponing the previously announced initial public offering of its subsidiary, TypTap Insurance Group,...
Insurers That Assume Insolvents’ Policies Could be Covered by Florida Cat Fund January 13, 2022 Private insurers, not just the state-run Citizens Property Insurance Corp., would be eligible for reimbursement from a hurricane catastrophe fund...
‘Game Changer’: Florida Supreme Court Ruling Could Chill Punitive Damages Claims January 13, 2022 By William Rabb Punitive damages, long the scourge of businesses named in lawsuits, and a tricky issue for insurers, may soon be much...
Florida Claims Litigation Drops Again in December January 12, 2022 The volume of claims litigation in Florida continues to subside and by December had dropped almost 50% below last summer’s...
King Insurance Buys Up Two More Florida Agencies: DMI and Insurance Den January 12, 2022 King Insurance announced it has added two more Florida insurance agencies to its rapidly growing stable of firms in the...