Florida Senate Committee Passes Reform Bill; Would Make Citizens ‘Noncompetitive’ December 13, 2022 By William Rabb A Florida Senate Committee spent about two hours Monday reviewing a sweeping property insurance reform bill before approving it along...
Florida Bills Offer Broad Attack on Insurance Costs: Legal Fees, AOBs, Reinsurance December 11, 2022 By William Rabb After years of what some insurers have labeled half-measures, Florida lawmakers appear to be on the cusp of delivering “historic”...
One Year Later: Kentucky Agency, Community Recovering from Powerful Tornado December 9, 2022 By William Rabb A year ago Saturday, one of the most powerful tornadoes to hit the United States ripped through western Kentucky with...
Florida Ratings Crisis: Fannie and Freddie Agree to Accept Citizens-as-Backstop Plan December 8, 2022 By William Rabb It took more than four months, but Fannie Mae and Freddie Mac have now agreed to accept an innovative but...
Florida Chamber Summit Panelists Confident Lawmakers will Stem Attorney Fees December 7, 2022 By William Rabb If Florida lawmakers had any doubts about what reforms they need to consider at next week’s special legislative session, the...
Florida Session Agenda Calls for Claims Process Changes, More Oversight of Insurers December 6, 2022 By William Rabb Florida legislative leaders posted a proclamation Tuesday painting the broad outlines of the special session scheduled to begin Monday, Dec....
Update: Pickleball Explosion in Florida Creating New Hits and Misses for Insurers, Agents December 5, 2022 By William Rabb If the insurance industry hasn’t noticed, the sport known as pickleball is exploding across the country, especially in Florida, where...
Update: Florida Consultant on Demotech Alternatives Faced Issues in Other States December 1, 2022 By William Rabb A Mississippi-based consulting firm hired to figure out Florida’s insurance company financial rating conundrum has faced scrutiny in other states...
Four Florida Cities in Top 10 Most Dangerous for Pedestrians, Affecting Insurance Costs November 29, 2022 By William Rabb Six of the top 10 most dangerous cities for pedestrians are in the Southeast and four of those are in...
West Virginia High Court Issues Slew of Rulings – Some For, Some Against Insurers November 22, 2022 By William Rabb The West Virginia Supreme Court has handed down four decisions that could affect insurers’ payouts in auto, homeowners and worker...