Insurer Not Liable if Bank Improperly Cashes Insurance Check, Appeals Court Finds November 1, 2024 By William Rabb Insurance carriers are not responsible if a bank improperly cashes a check made out to two insureds and gives the...
Fla. DFS Offers to Check Contracts With Roofers, Adjusters; Tenn. Eyes Claims Denials October 30, 2024 By William Rabb Officials in two Southeastern states have taken steps to hold insurers or recipients of insurance funds accountable after Hurricanes Helene...
Judge Cans North Carolina Captive’s Claims That Managers Stole Software October 29, 2024 By William Rabb Six months after a North Carolina captive insurance firm for nursing homes around the country accused its managers of poaching...
Universal, AmCoastal Report Some Costs from Helene, Milton for Q3 October 28, 2024 By William Rabb One of Florida’s largest property insurers and one of its smaller carriers reported losses at least partly related to Hurricane...
Florida’s Heritage Insurance Reports 5,400 Claims, $57M in Cat Losses From Milton October 24, 2024 By William Rabb More loss and claims estimates are trickling in from carriers after Hurricane Milton caused widespread wind and flood damage in...
Appeals Court Says Experts Must Show Causal Relationship in BP Oil Workers’ Suits October 22, 2024 By William Rabb A federal appeals court has underscored the high bar that expert witnesses must meet before a court can connect the...
At Energy, ‘You Are Not Just a Number’ October 21, 2024 By William Rabb The president of Energy Insurance Agency, an operation with a large presence in Kentucky, said it is “incredibly humbling” for...
People’s Trust Managed Repair Clause Survives Another Florida Legal Challenge October 17, 2024 By William Rabb After at least three appeals court decisions in the last four years, homeowner lawsuits that take issue with a Florida...
Update: Milton’s 152,000 Claims So Far Mean New Pressure on Reinsurance, Rate Hikes October 15, 2024 By William Rabb Property Insurance claims from Hurricane Milton had topped more than 152,180 by Tuesday, with some $1.9 billion in estimated insured...
Agents Report Limited Damage But More Claims Expected As Floridians Return Home October 11, 2024 By William Rabb Insurance agents and carriers in the path of Hurricane Milton reported only minor damage to their own offices and homes...