NHC Unveils New Hurricane Forecast Maps for 2024, Showing More Inland Warnings February 21, 2024 By Insurance Journal Staff Reports The familiar “cone of uncertainty” map, used for years by meteorologists to show a hurricane’s predicted path, is about to...
Texas Jury Finds LSD Did Not Cause Spinal Injury, Requires Occidental to Pay HO Limits February 21, 2024 By Insurance Journal Staff Reports When does a hallucinogenic drug become the direct cause of a catastrophic injury, triggering a homeowners’ policy exclusion? Not when...
Under New Owners, Florida’s TRUE Gets Slight Downgrade, Withdraws From AM Best February 16, 2024 By Insurance Journal Staff Reports Six weeks after Trusted Resource Underwriters Exchange, a Florida-based reciprocal property insurer, announced it had received a $1.25 billion capital...
South Carolina House Endorses Paid Family Leave Insurance Bill February 14, 2024 By Insurance Journal Staff Reports The South Carolina House of Representatives has approved a framework for paid family leave insurance in the state, sending House...
Captive Insurance Expert Pleads Guilty to Aiding Solar Ponzi Scheme Leaders February 12, 2024 By Insurance Journal Staff Reports Remember the Carpoffs, the California couple sent to prison in 2021 and 2022 for running a $1 billion Ponzi scheme...
Florida Bills on Litigation Financing, Wind-Mit Program Moving Along February 9, 2024 By Insurance Journal Staff Reports Two pieces of legislation that could help reduce losses and litigation costs for insurance carriers are moving in the Florida...
‘My Safe Florida Condo,’ Pet Insurance Bills Passed by Senate Committee February 7, 2024 By Insurance Journal Staff Reports First came the My Safe Florida Home program, providing matching grants to homeowners who fortify their homes against wind damage...
Newer, Elevated Structures Had Much Smaller Flood Claims in Ian, FEMA Says February 6, 2024 By Insurance Journal Staff Reports Hurricane Ian caused extensive damage in southwest Florida, with more than 37,000 National Flood Insurance Program claims, making it the...
Former Agent Sentenced to 15 Years in ‘FastLife’ Scheme. Spent Funds on Insurance February 5, 2024 By Insurance Journal Staff Reports A former Sarasota insurance agent and financial advisor has been sentenced to 15 years in prison for what prosecutors said...
OSHA Fines Georgia Plumbing Contractor $186,000 After Fatal Fall Down Manhole February 1, 2024 By Insurance Journal Staff Reports The U.S. Occupational Safety and Health Administration has fined a Georgia plumbing contractor more than $184,000 for failing to take...