Insurance Groups Pushing Hard for Georgia Tort Reform as State Liability Costs Soar February 6, 2025 Georgia’s governor has asked state lawmakers for $175 million to cover the growing costs of liability claims against state agencies...
North Carolina Insurance Chief Reports Arrests in Deer, Storm Claims February 6, 2025 A Charlotte man has been arrested on a felony charge of insurance fraud for allegedly falsely claiming to an insurer...
NC Rate Bureau Wants 23% Hike in Auto Insurance Rates February 6, 2025 The North Carolina Rate Bureau, basing its filing on input from insurers in the state, has requested a 22.6% average...
NC Governor Tests Lawmakers With Hurricane Helene Recovery Funding Request February 5, 2025 By Gary Robertson RALEIGH, N.C. (AP) — North Carolina Gov. Josh Stein asked state legislators Monday to roughly double their spending so far...
DeSantis’ Budget Would Triple Funding for Wind Mitigation Grant Program February 5, 2025 Florida’s 2025-2026 state budget, as proposed by Gov. Ron DeSantis, would provide some $600 million for home and condominium hardening...
Weinstein Wants Mangrove to Be Big Player in Florida, Focused on Mid-Market February 5, 2025 By William Rabb Stephen Weinstein, a Harvard-trained lawyer, has spent more than two decades with Renaissance Re as chief legal officer and executive...
Ryan Specialty Completes Buy of Velocity Risk Underwriters February 4, 2025 Specialty insurance provider Ryan Specialty reported it has completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by...
Insurer Seeks to Exit $30 Million Wrongful Death Lawsuit Over Boy’s Fatal Shooting February 4, 2025 By Andrew G. Simpson An insurance company says it is not obligated to defend or indemnify the owners and managers of a Memphis apartment...
North Carolina Officials Issue Urgent Plea for More Hurricane Recovery Funds February 4, 2025 By Makiya Seminera North Carolina officials charged with leading recovery efforts in western North Carolina after Hurricane Helene — as well as parts...
Mangrove, Florida’s Newest Home Insurer, Receives Demotech Rating February 3, 2025 Brand new Florida home insurer Mangrove Property Insurance Co. has received a Financial Stability Rating (FSR) of “A, Exceptional” from...