Florida Condo Bill Gives Owners Some Slack But Brings New Insurance Concerns May 7, 2025 By William Rabb Florida lawmakers late last week gave final approval to a long-debated condominium bill, one designed to give condo owners a...
Florida Bill Passes Making it Easier for Agents to Seek Surplus Lines Coverage May 6, 2025 By William Rabb Starting July 1, Florida insurance agents will no longer need to make a “diligent effort” to find coverage for hard-to-place...
Update: Members, Universal Pay Fines, $2.6 Million in Refunds After NC Conduct Report May 5, 2025 By William Rabb Two subsidiaries of Auto Club Group have agreed to refund $2.6 million to policyholders and to pay $113,000 in fines...
Florida Citizens ‘Going Naked’ on Reinsurance Below Cat Fund Layer May 2, 2025 By William Rabb Reinsurance prices have dropped since Florida’s 2022-2023 litigation reform measures were enacted, but the biggest rate reductions are mostly for...
Aspen Specialty Settles With Condo in $11M Nashville Bombing Coverage Dispute April 30, 2025 By William Rabb Aspen Specialty Insurance Co. has reached a settlement with the owners of a Nashville condominium building that was badly damaged...
Heritage Files Libel, Defamation Suit vs. Adjuster After ’60 Minutes’ Report April 30, 2025 By William Rabb Six weeks after Tampa-based Heritage Property & Casualty Insurance Co. filed a libel suit against a whistleblower claims adjuster, the...
Did Florida House ‘Sneak’ Attorney Fee Wording Into Phosphate Mine Bill? April 28, 2025 By William Rabb A late amendment to a phosphate mine bill has set off alarm bells among some in the Florida insurance industry,...
Florida Class Action Targets Litigation Funding Firm Over Data Breach April 25, 2025 By William Rabb Third-party litigation financing has become big business across the country, much to the chagrin of businesses and insurance companies that...
Florida Bill Advances, Would End Board of Engineers, Other Professional Agencies April 21, 2025 By William Rabb Elon Musk’s age of government efficiency has spread to Florida, with legislation advanced last week that would abolish at least...
USI Says Lockton, Former Team Leader Poached Workers, Harmed Client Relations April 18, 2025 By William Rabb USI Insurance Services, one of the largest brokerages in the country, has filed suit against a former sales team leader...