Lighthouse Insurance Misled Hedge Funds Before it Collapsed in 2022, Lawsuit Claims October 31, 2023 By William Rabb A Florida lawsuit brought by private equity fund Fortinbras Enterprises and three others charges that Lighthouse Property Insurance Corp. executives...
Florida Appeals Court Ruling Puts New Scrutiny on Wind Experts’ Credibility October 31, 2023 Expert testimony is subject to a well-established standard set forth by the US Supreme Court 30 years ago in Daubert...
Duke Energy Plans Green Hydrogen Project in Florida October 30, 2023 Electric utility Duke Energy plans to build a project to create clean energy using an end-to-end system to produce, store...
Tennessee DCI Holds Webinar on Changes in Licensing Exam Program October 30, 2023 The Tennessee Department of Commerce and Insurance will host a webinar Thursday, Nov. 2 to cover key changes in the...
South Carolina Seeing Record Number of Insurance Fraud Complaints October 30, 2023 South Carolina in 2022 saw a record number of complaints about insurance fraud, and has almost matched the number through...
Universal Ready to Add Florida Policies Again, Contemplates Potential Rate Cuts October 30, 2023 By William Rabb Universal Insurance Holdings, after discontinuing more than 160,000 policies over the last two years, now sounds like it’s ready to...
People Moves: FSLA Names DeMott New President, Adds Board Members October 27, 2023 The Florida Surplus Lines Association installed new officers and directors at its recent annual convention, including new President Dave DeMott,...
TWFG Acquires Jeff Kincaid Agency in North Carolina October 27, 2023 TWFG Insurance, also known as The Woodlands Financial Group, has continued its growth trajectory with the acquisition of Jeff Kincaid...
Appeals Court Upholds $12M Verdict in Fatal Keys Crash; Insurer Facing Bad-Faith Claim October 27, 2023 By William Rabb A federal appeals court this week upheld a $12 million jury award against a gravel and waste-hauling company in a...
Kentucky Approves 18th-straight Decrease in Workers’ Comp Loss Costs October 26, 2023 Kentucky’s Insurance Commissioner has approved a 6.4% decrease in average workers’ compensation loss costs for the state, making it the...