Are Florida Workers’ Comp Rates Getting Too Low? Roofers, Insurer Urge Freeze October 6, 2023 By William Rabb Workers’ compensation rates have shrunk to such a low level in Florida, at least for some classifications, that they are...
Florida OIR Approves Another 153,000 Citizens Takeouts; Assumption Rate is Low October 5, 2023 By William Rabb Florida’s Office of Insurance Regulation has approved the take out of another 153,000 policies from Citizens Property Insurance Corp., the...
Is Industry Prepared? Hail, Convective Storms, Population Now Driving Billions in Losses October 4, 2023 By William Rabb Hurricanes in the East. Wildfires in the West. Those are the big disasters that grab the headlines and are driving...
Progressive Drops Some Agents, Non-Renews 100,000 HO and DP Policies in Florida October 3, 2023 By William Rabb Almost two years after Progressive Insurance announced it would stop renewing some homeowners policies in Florida, Flo and crew have...
Temporary Fix Keeps National Flood Insurance Operating but Only Until Nov. 17 October 2, 2023 By William Rabb Real estate interests and insurance companies that administer National Flood Insurance Program policies are heaving a sigh of relief after...
Education Is Key to Success for Wiglesworth-Rindom Insurance Agency October 2, 2023 By William Rabb Florida insurance agents have been through the wringer in the last five years, with repeated rate increases for properties across...
Agents, Insureds Said Surprised by Nationwide’s 10,000 Nonrenewals in NC September 29, 2023 By William Rabb In February, Nationwide Mutual Insurance filed notice with the North Carolina Department of Insurance that it would non-renew some 10,525...
Looming Government Shutdown Would Halt NFIP Flood Policies, Disrupting Home Sales September 28, 2023 By William Rabb A U.S. government shutdown, perhaps as soon as Saturday night, will force the National Flood Insurance Program to suspend issuing...
Could Appeal Decision in Florida Roof Case Lead to More Expert Witness Challenges? September 27, 2023 By William Rabb Universal Property & Casualty Insurance Co. will have to go back to court to show how an insured’s roof expert...
NC Commissioner, Firefighters Question New Law Making Fire Marshal a Separate Office September 26, 2023 By William Rabb North Carolina’s Republican supermajority in the legislature has thrown a curveball to the state’s insurance commissioner and fire marshal, a...