Crist’s Claim of Cutting Insurance Rates ‘Mostly True,’ Politifact Says October 21, 2022 By William Rabb A fact-checking publication known for its thorough examination of claims made by politicians has deemed Charlie Crist’s statement that he...
Florida CFO Calls for Ban on Assignments of Benefits, Limits on Public Adjusters October 20, 2022 By William Rabb In the wake of Hurricane Ian, Florida’s chief financial officer has taken a hard line on insurance claims litigation, calling...
Farm Bureau Must Defend Insured in Deadly Legionnaires’ Disease Outbreak in Carolina October 19, 2022 By William Rabb What started out as festive time at the North Carolina Mountain State Fair in 2019 ended with 96 people hospitalized...
Requiring Citizens’ Policyholders to Also Buy Flood Insurance Could Address Problems October 19, 2022 By William Rabb Problem: Less than 20% of Floridians in vulnerable areas carry flood insurance. Uninsured flood losses from Hurricane Ian are projected...
Florida Building Codes Made a Big Difference for Newer Homes in Ian, Reports Show October 17, 2022 By William Rabb In the hardest-hit parts of southwest Florida, many newer structures survived remarkably intact in Hurricane Ian’s winds, suggesting that updated...
Will Hurricane Ian Consume Florida’s Catastrophe Fund, Forcing More Back-Breaking Reinsurance Next Year? October 17, 2022 By William Rabb While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated...
Judge Dismisses Florida Racketeering Lawsuit Against United P&C October 14, 2022 By William Rabb A federal judge has dismissed a lawsuit against United Property & Casualty Insurance Co. and its adjusters, a closely watched...
Alcon, J&J Agree to Settle Contact Lens Price-Fixing Suit for $75 Million October 14, 2022 By William Rabb Alcon Vision and Johnson & Johnson have agreed to pay a total of $75 million to settle a class-action lawsuit...
Universal Predicts $1B in Losses from Ian; HCI’s Wind Exposure Less than Irma’s October 13, 2022 By William Rabb The parent company of Universal Property & Casualty Co., the second-largest property insurer in Florida, projects its total losses from...
Insurers’ Claims Investigation Work Product Protected After Alabama High Court Ruling October 11, 2022 By William Rabb A company cannot be compelled to turn over its risk management work product that may include attorney-client information and claims...