Florida House Committee Follows Suit, Quickly Approves Insurance Reform Bills May 25, 2022 By William Rabb A Florida House committee and the state Senate wasted little time Tuesday in approving sweeping property insurance bills, leaving only...
Florida Senate Committee Passes Insurance Market Rescue Bill 19-2 May 24, 2022 By William Rabb A Florida Senate committee overwhelmingly approved two measures Monday that supporters believe will go a long way toward trimming roof...
Florida Insurance Groups Divided on Proposed Special Session Bill May 22, 2022 By William Rabb Florida’s insurance community appears to be split, at least to some degree, on the impact that two draft bills will...
Florida Appeals Court Slashes $600,000 Attorney Fee on $52,000 Claim May 20, 2022 By William Rabb Florida may have one of the most generous attorney-fee mechanisms in the country, sometimes resulting in plaintiff’s fees that are...
Policies’ Arbitration, AOB Endorsements are Unconstitutional, Florida Lawsuit Claims May 19, 2022 By William Rabb Recent moves by two Florida insurers to limit litigation and restoration expenses – and regulators’ approval of those policy endorsements...
Florida CFO Wants More Insurance Fraud Investigators, Education Campaign May 16, 2022 By William Rabb Ahead of next week’s special legislative session, Florida’s chief financial officer is asking lawmakers for $6.5 million to fund 23...
FedNat to Cancel 56,000 Policies Under Restructuring Plan; Monarch Finds Investor May 16, 2022 By William Rabb Starting today, May 16, Florida insurance agents and 68,000 policyholders will have 45 days to find new homeowners and dwelling...
Strems, Adjusters, Restoration Firm Settle Florida Citizens Lawsuit for $1M May 13, 2022 By William Rabb A now-suspended Miami lawyer, along with the successor to his law firm, a public claims adjuster and a restoration company,...
Florida Restaurants Go Hungry in Federal, State COVID Suits vs. Lloyd’s May 12, 2022 By William Rabb Florida restaurants have had little success in recent lawsuits against Lloyd’s of London over insurance coverage for shutdowns during the...
Claims Frequency Up for 2021, but Workers’ Comp Profitability ‘Unprecedented’ May 11, 2022 By William Rabb For the first time in more than a decade, workers’ compensation claims frequency, outside of COVID-19 illness claims, increased in...