Florida OIR: $3B Spent on Claims Defense in 2021; 27 Insurers Now on Watch List July 21, 2022 By William Rabb In 2021, Florida’s domestic property insurers spent more than $3 billion on legal defense costs and containment – double the...
MSP Recovery Scores Another Appeals Court Victory Against Auto Insurers July 20, 2022 By William Rabb A Florida law firm that has made a lucrative business out of the Medicare Secondary Payer Act – and disrupted...
Starbucks Ordered to Pay $9 Million After Florida Woman Hit in Drive-Thru Lane July 19, 2022 By William Rabb Starbucks Corp. has appealed a nearly $9 million verdict rendered against it after a customer was struck by a vehicle...
Alabama Counties’ Insurance Fund Not Liable for its Own Actions in Deadly Dock Fire July 18, 2022 By William Rabb Insurers and government self-insurance pools should be breathing a sigh of relief after the Alabama Supreme Court absolved a county...
Goodbye Courtroom? Florida Citizens Wants Claims Disputes Heard by Admin Judges July 14, 2022 By William Rabb By this time next year, Citizens Property Insurance policyholders and assignees of benefits could see their claims disputes decided, not...
Court: Colony Insurance Off the Hook for Damages for Fatal Shooting at Atlanta Store July 12, 2022 By William Rabb An insurance company is not responsible for premises liability damages after a man was shot and killed outside an Atlanta...
Florida Insurance Agents Feeling the Heat from Roiling Marketplace July 11, 2022 By William Rabb Dan Alexander has seen the worst of the Florida property insurance market from the inside-out – from agents who’ve quit...
Florida’s Capacity Insurance Gets Downgraded, Stops Writing New Business July 8, 2022 By William Rabb AM Best has withdrawn its financial strength rating for Capacity Insurance, a commercial insurer with a small footprint in Florida,...
Miami Jury Orders Bar That Served Drunken Driver to Pay $96M in Damages July 7, 2022 By William Rabb A Miami-Dade jury has returned one of the largest verdicts ever in an automobile accident case, awarding $95 million in...
Insurer’s Good Deed Restarts the Clock on Benefits, Carolina Appeals Court Finds July 5, 2022 By William Rabb Insurers might say this one falls in the category of “no good deed goes unpunished.” In a workers’ compensation decision...