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Florida’s Capacity Insurance Gets Downgraded, Stops Writing New Business July 8, 2022 By William Rabb AM Best has withdrawn its financial strength rating for Capacity Insurance, a commercial insurer with a small footprint in Florida,...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...
Georgia Construction Company Must Remain Defendant in Wetlands Suit, Court Finds July 5, 2022 By William Rabb A federal court in Georgia has refused to dismiss a construction company from a lawsuit over wetlands violations, even though...
Gone with the Flo: Progressive Stops Writing DP-3 Policies in Florida July 1, 2022 By William Rabb Eight months after it stopped renewing homeowners and rental property policies in Florida, Progressive Insurance announced it will now stop...
Court Orders New Trial for Insurance Exec Convicted of Bribing NC Commissioner June 30, 2022 By William Rabb It may seem a minor point to some, but it’s fundamental to the American system of justice, advocates said: It’s...
Starting July 1, Sea-Level Rise Studies Required for Florida Gov’t Coastal Structures June 29, 2022 By William Rabb Starting Friday, July 1, state and local governments will have to conduct a sea-level impact study if they build anything...
Court Ruling Provides Ammo for Insurers in Florida AOB Cases June 29, 2022 By William Rabb Florida insurers may have another weapon in the war over assignments of benefits in insurance claims, thanks to an appeals...
After Halting New Business in Florida, Bankers Faults Reinsurers’ Excessive Price Hikes June 27, 2022 By William Rabb Two more Florida property insurers have stopped accepting new business in the state. One of them blamed it partly on...