Demotech Holds Off as Florida Divides on Planned Downgrades July 26, 2022 By William Rabb Rating Firm Postpones Ratings for 17 Carriers After Backlash The property insurance community has divided into two camps after the...
Another Complaint Surfaces on Strems Over Settlement and Fee Deal July 25, 2022 By William Rabb The plaintiffs’ lawyer that Florida insurers love to hate could see his two-year suspension completed soon. But allegations by the...
Florida Regulators, FAIA Slam Demotech for Reported Plans to Downgrade 17 Carriers July 21, 2022 By William Rabb Florida’s top insurance regulators and the Florida Association of Insurance Agents on Thursday blasted the Demotech financial rating firm after...
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...