Georgia Court: Despite Policy Payout, Settlement Offer Not Enforceable March 16, 2022 By William Rabb A payment of the policy limits is not always enough to settle a vehicle accident. The insurer must also agree...
Coming Soon: Stadium-Sized Site to Test 200-mph Wind, Waves, Storm Surge March 15, 2022 By William Rabb In the not-too-distant future, researchers should be able to see exactly which materials and construction techniques hold up best against...
Lawsuits vs. Citizens Insurer Continue to Rise But Legal Fees and Payouts Dropping March 11, 2022 By William Rabb A committee of the Citizens Property Insurance Corp. governing body produced some good news on litigated claims and some bad...
Florida Class Action Wants Answer: Must Insurer Pay Attorney Fees for Pre-Suit Notices? March 9, 2022 By William Rabb Florida’s Senate Bill 76, signed into law last June, was supposed to help reduce insurance claims litigation by making policyholders...
Florida Insurers Crying Foul Over Slide’s ‘Favored’ Treatment in St. Johns Insolvency March 7, 2022 By William Rabb The news that a startup Florida insurance company will assume $400 million in policies from the now-insolvent St. Johns Insurance...
Florida DFS Takes Action Against Public Adjuster Insurers Had Crossed With March 4, 2022 By William Rabb After several months of investigation, Florida regulators have filed an official action against a public adjuster that insurance companies had...
St. Johns Insurance Insolvent, to be Liquidated, Florida DFS Reports February 28, 2022 By William Rabb St. Johns Insurance Co., one of the larger property/casualty insurers based in Florida, is now insolvent and will soon be...
Florida House Committee Gives Nod to Surplus, Citizens, Fraud Bills February 24, 2022 By William Rabb The Florida House of Representatives’ Commerce Committee passed no fewer than five bills Wednesday that could affect property and casualty...
Florida Appeal Courts Side with Insurers in Attorney Fees, AOB and PIP Cases February 23, 2022 By William Rabb From attorneys’ fees to water damage to reimbursement limits in no-fault auto insurance, Florida appeals courts have sided with insurers...
Insurers Could Get Lower Rates on Liquidity with Bills in States February 21, 2022 By William Rabb Many in the insurance industry may think of the Federal Home Loan Bank as an agency that facilitates affordable mortgages...