North Carolina Judge Orders Lindberg to Give Up Control of Firms to Repay Insurers May 19, 2022 A North Carolina court has ordered jailed insurance and business entrepreneur Greg Lindberg to relinquish control of hundreds of his...
Policies’ Arbitration, AOB Endorsements are Unconstitutional, Florida Lawsuit Claims May 19, 2022 By William Rabb Recent moves by two Florida insurers to limit litigation and restoration expenses – and regulators’ approval of those policy endorsements...
People Moves: Longtime Alabama Agency Adds New Shareholder-Owners May 18, 2022 Byars/Wright Insurance, an independent agency with six offices in Alabama, has named four new shareholders, officially giving the agency six...
Kentucky Coal Mine Cited for Tree Fall That Killed Worker in January May 18, 2022 The U.S. Mine Safety and Health Administration has cited the owners of an eastern Kentucky surface mine where a worker...
Asked to Rethink 41% Rate Increase, Florida Farm Bureau Did. New Request is Higher May 18, 2022 When Florida Farm Bureau Insurance companies filed for a 41% rate increase for homeowners last December, the Florida Office of...
11th Circuit: Safeco Doesn’t Owe in Subro Claim by Agency’s E&O Carrier May 18, 2022 By Jim Sams A federal appellate court threw out a Florida jury verdict that would have required a Liberty Mutual unit to pay...
Video of Carolina Beach House Collapsing into Sea Continues to Go Viral May 17, 2022 A video of a beach house being swallowed by the sea on North Carolina’s Outer Banks continues to go viral,...
Three More Florida Insurers Asking for Big Rate Hikes at Hearings May 17, 2022 The Florida Office of Insurance Regulation held hearings Tuesday on major rate increases from three more property insurers: Florida Farm...
Florida Law Requires Post-Mortem on Insolvent Insurers, But Few Reports Available May 17, 2022 Florida regulators are required to perform post-mortem analyses on failed insurance companies, but few of the reports have been completed...
Sunshine State Could See Higher Risk of Property-Destroying Wildfires May 17, 2022 Perhaps the rain from hurricanes can help extinguish the wildfires. That may be the only silver lining to computer modeling...