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...
Update: AM Best Says Tower Hill Prime Faces Surplus, Capital Problems October 10, 2022 By William Rabb Editor’s note: This article was updated Oct. 16 to reflect additional information from Tower Hill Group and AM Best. The...
After Ian Swamped His Office and Home, Florida Insurance Agent Picking Up the Pieces October 6, 2022 By William Rabb John Gardner this week found himself in a position no insurance agent would like to be in: no office to...
Will Ian Consume Florida Cat Fund, Forcing More Back-Breaking Reinsurance? October 5, 2022 By William Rabb While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated...
Video Shows Ian Storm Surge Devastated Part of Florida; Losses Mounting October 3, 2022 By William Rabb FORT MYERS, Fla. – Dave Lusk, who lives on San Carlos Island, sandwiched between Fort Myers and devastated Fort Myers...
Commitment to Employee Development Helps Sets Granite Insurance Apart October 3, 2022 By William Rabb The Best Agency to Work For in the Southeast for 2022 is North Carolina-based Granite Insurance Agency, an organization that...
Misrepresentation by Insured? It’s Complicated, Florida Appeals Court Says October 3, 2022 By William Rabb Proving that an insured misrepresented the extent of damage from a storm may have become a little more complicated for...
Citizens’ Early Estimate of $3.8B in Ian Losses; Florida OIR Suspends Use and File September 29, 2022 By William Rabb Hurricane Ian continued to churn through central Florida Thursday morning, leaving widespread flooding and wind damage in its wake. It...
Appeals Court Won’t Certify Class Action on State Farm’s Diminished Value Formula September 28, 2022 By William Rabb Auto and property insurers in the last three months have settled class-action lawsuits in Southern states alleging the carriers systematically...