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...
Update: Florida CFO Bars Insurers From Altering Adjusters’ Reports Without Explanation October 10, 2024 By William Rabb Almost two years after a group of independent claims adjusters alleged that insurers had deceptively altered their damage estimates and...
With Back-to-Back Storms, Florida Now Facing Delays in Claims Adjusting October 10, 2024 By William Rabb With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on...
Unlicensed Work Does Not Void Contract With Condos, Florida Appeals Court Says October 9, 2024 By William Rabb Being unlicensed as a contractor in Florida does not necessarily void a storm-remediation contract, a Florida appeals court said in...
Report Says Growth of Private Flood Insurance Has Stagnated. Neptune Disagrees October 8, 2024 By William Rabb The head of one of the largest private flood insurance writers this week questioned an AM Best report that said...