The Florida hospital at the center of the high-profile Maya Kowalski negligence case has asked for a new trial, alleging that the jury foreman improperly leaked information during the trial, which resulted in a $216 million verdict against the medical …
Atlantic American Corp., the holding company for property/casualty insurer American Southern Insurance Co., Bankers Fidelity Life, and an employee benefits unit, this week reported third-quarter net income of $1.8 million, an improvement over the same period a year earlier. It …
Tampa-based HCI Group, the holding company for Homeowners Choice and TypTap property insurance companies, reported a $15.7 million net income in the third quarter, a strong improvement over Q3 last year, when the group saw a $52 million net loss. …
A Maryland mechanic who filed false claims for automobile repairs and was paid more than $223,000 by insurers will have to spend at least a few years behind bars after he was sentenced this week. Kenneth Wayne Collins, 36, was …
Heritage Insurance Holdings, parent company of Florida’s 10th-largest property insurance company, reported a net loss of $7.4 million for the third quarter of 2023, a significant improvement over last year after the carrier shook almost 74,000 policies from its rolls …
Federal safety regulators have brought the hammer down on a Louisiana contractor, deciding that the company failed to use correct safety equipment that would have prevented a fatal fall at an electric car plant construction site in Georgia. “The risks …
A south Florida insurance agent has been charged with absconding with more than $130,000 in premiums, leaving property owners uninsured after Hurricane Ian. Naser Al-Sweity, of Boca Raton, was booked into Palm Beach County jail this week on charges of …
The Alabama Supreme Court has handed down two decisions that could have an impact on uninsured motorist claim payouts and on how construction surety bonds and contracts are defended. In MSE Building Co. vs. Stewart/Perry Co., Buc-ee’s Ltd. and Philadelphia …
A federal judge has trimmed nine months off former Georgia Insurance Commissioner Jim Beck’s prison sentence for embezzlement, not because of his good behavior in jail, but because he has no prior criminal history. “Both Defendant and the Government agree …
Tampa-based Slide Insurance, which has made a practice of assuming Florida policies from other insurers in the last two years, said it has acquired renewal rights to 86,000 homeowner policies from Farmers Insurance. Farmers said in June that it would …
