After Federal Court Bans Brazilian Plywood Certifier, Another Appears June 20, 2022 By William Rabb Less than a month after a federal judge barred a Brazilian firm from certifying any more plywood due to questions...
Cast Iron Drainpipes Latest Target in Florida Claims. But They Can Be Defended. June 20, 2022 By William Rabb A decade ago, it was questionable sinkhole damages that proliferated in Florida property insurance claims. More recently, “free roof” solicitations,...
People: FAIA Names Six to Board of Directors June 19, 2022 The Florida Association of Insurance Agents installed new board members at its annual convention last week in Orlando. The board...
Alabama Insurance Commissioner Ridling to Retire; Fowler To Take Over June 17, 2022 Alabama’s longest-serving insurance commissioner, Jim Ridling, will retire at the end of the month, the state’s governor announced. “Jim has...
North Carolina Governor Signs Law Waiving Premium Taxes for Relocating Captives June 17, 2022 The battle for the captives continues. Not long after Tennessee regulators this year bragged about the number of captive insurers...
Rehab Plan Didn’t Suffice. Southern Fidelity Sinks into Insolvency June 16, 2022 By William Rabb Two weeks after it lost its financial stability rating, Southern Fidelity Insurance Co. has been ordered into receivership and is...
Wright to Pick Up United P&C’s Flood Book in July June 16, 2022 Wright National Flood Insurance Co. has announced it will take over United Property & Casualty’s flood insurance book of business,...
Attorneys in Florida Condo Collapse Settlement Seek $100 Million in Fees June 15, 2022 Attorneys who worked to secure settlements topping $1 billion in the collapse of a beachfront Florida condominium building in which...
Florida’s Litigated Claims Dropped 14% from April to May for Largest Carriers June 15, 2022 Florida’s 16 largest property insurers reported a 14% average decrease in litigated claims in May, the first drop in the...
Three Nominees for Florida Supreme Court Appear to Lean the Insurer Way June 15, 2022 By William Rabb Some Florida insurers may feel like they didn’t score a home run with the recent property insurance reform measures signed...