State Finds Florida Specialty Insurance Insolvent; 90K Homeowners Lose Coverage October 7, 2019 By Amy O'Connor Florida personal lines insurer Florida Specialty Insurance Co. (FSIC) has been ordered into receivership and will be liquidated after state...
Man Sentenced to 2 Years for $250K Insurance Fraud Scheme in California October 7, 2019 Kenneth X. Huang, 41, was sentenced last week to two years in federal prison, three years supervised release, and ordered...
Hub Acquires Assets of California-Based LBE Insurance Services October 7, 2019 HUB International Ltd. has acquired the assets of Chatsworth, Calif.-based LBA Insurance Services Inc. Lior Avishay, president of LBA, and...
Report: Alabama Hospitals Pay Hackers in Ransomware Attack October 7, 2019 An Alabama hospital system that quit accepting new patients after a ransomware attack said Saturday it had gotten a key...
Comments Sought on Proposed Claim Rules for Texas Windstorm Insurer October 7, 2019 Texas insurance regulators are seeking input on proposed changes to claims-related rules for the state’s property insurer of last resort...
Insurers Named as Defendants in Challenge to Michigan Auto Insurance Law October 7, 2019 By David Eggert Crash victims and a brain-injury rehabilitation facility challenged Michigan’s new auto insurance law on Oct. 3, contending that pending limits...
Corvus Increases Cyber Risk Policy Limits for Insureds Utilizing Security Services October 7, 2019 Corvus Insurance, a provider of AI-driven commercial insurance, has updated its cyber underwriting model to reward highly protected organizations with...
Supreme Court Lets Stand Claim Applying Disabilities Act to Online Services October 7, 2019 By Lawrence Hurley The U.S. Supreme Court on Monday rejected a bid by Domino’s Pizza Inc. to avoid a lawsuit by a blind...
Federal Disaster Declared for 6 Imelda-Impacted Texas Counties October 7, 2019 Texas officials say a federal disaster declaration has been granted for six Southeast Texas counties that sustained severe flooding caused...
U.S. Supreme Court Rejects U. of Wisconsin Appeal in Patent Fight with Apple October 7, 2019 By Andrew Chung The U.S. Supreme Court has refused to hear a bid by the University of Wisconsin’s patent licensing arm to reinstate...