Florida legislative leaders, facing increasing pressure from the public and the press, this week pledged to investigate property insurers’ financial structures. And bills filed before the 2025 Legislature began this week also would require executive pay disclosure by carriers, along …
Defending workers’ compensation claims from employees who have not disclosed previous injuries may have just become a little more complicated for employers and insurance carriers in Georgia. The Georgia Court of Appeals last week found that a long-standing defense against …
Florida’s chief financial officer, now a candidate for Congress, is backing a bill that would set up a trust fund that would help fund home hardening grants for years to come. Senate Bill 1466, sponsored by state Sen. Nick DiCeglie, …
Surety carriers providing bonds for elected officials in Georgia this week discovered that a statute of limitations on claims litigation is only three years in some cases – not six or 20 years as one insurer had initially believed. “…Because …
Insurance agents in Florida and beyond are finding that some of their toughest competition now seems to be coming from firms that aren’t really insurance agencies at all – at least not in the historical sense of the word. “They’re …
Multi-year market conduct investigations by the New York State Department of Financial Services have resulted in $20 million in fines and consent orders against three dozen auto insurers – for failing to timely report new and terminated auto insurance policies. …
A Florida framing contractor has been sentenced to 48 months in prison and millions of dollars in fines and restitution after he failed to obtain workers’ compensation insurance and ignored safety practices, leading to deadly consequences. Despite six previous citations …
As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers’ claims-handling and other practices. Florida Insurance Commissioner Michael Yaworsky late last week posted a memo, demanding …
In his previous, dual role as state fire marshal, North Carolina Insurance Commissioner often championed the work of firefighters in the state. In 2023, while highlighting the health problems that firemen often face and the need for health screenings, Causey …
Is a binder binding, even if the property owner never received the insurance policy? Yes, it is, the Alabama Supreme Court decided last week in a case that marks another win for insurers relying on binding arbitration agreements. When Francine …
