Wesco Settles Coverage Dispute Over $36 Million IRA Financial Cyber Attack July 25, 2023 By William Rabb Wesco Insurance, a part of AmTrust, has agreed to settle its dispute with a financial firm that lost millions in...
Farmers Forced to Rescind Thousands of Nonrenewal Notices in Georgia July 24, 2023 By William Rabb About the same time that it announced a major pull-back from the Florida and California markets, Farmers Insurance also sent...
Florida Quelled Attorney Fees But WV Doctrine is Alive – With Limits July 24, 2023 By William Rabb The Florida Legislature made national headlines late last year when it effectively curtailed one-way attorney fees and greatly limited plaintiffs’...
Federal Court Orders Former Insurety Capital CEO to Pay $9M for Self Dealing July 21, 2023 By William Rabb A federal court in Florida has ordered the former CEO of an insurance industry finance company to pay almost $9...
Florida High Court Rule Change Seen as a Win for Med Mal Insurers July 14, 2023 By William Rabb Like a sports league deciding to make greater use of in-game instant replay on crucial calls, the Florida Supreme Court...
Water Damage Exclusions, on the Rise, May Frustrate Insureds but Are OK, Court Says July 12, 2023 By William Rabb A federal appeals court has affirmed a lower court ruling that a Scottsdale Insurance commercial policy for a community center...
Farmers Insurance Further Reducing Florida Business July 11, 2023 By William Rabb One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans...
Florida Insurers Show a Little Profit in 2023 But Two Join the Watch List July 11, 2023 By William Rabb Florida’s beleaguered insurance industry may have turned a corner in 2023, with net income in the black for the first...
Fla. High Court: 2-Year Statute of Repose Applies, Even in Liability Insurance Suits July 5, 2023 By William Rabb A Florida Supreme Court decision has put to rest some questions about whether a statute of limitations on lawsuits can...
Using Forklift to Tow Vehicle at Night Not Covered by Shop’s Liability Policy – MS Court July 5, 2023 By William Rabb Using the boss’ forklift to tow a personal vehicle to a welding shop at night is not work-related and is...