HCI Postpones Home and Flood Insurer TypTap’s IPO Until ‘Conditions Are Appropriate’ January 13, 2022 Holding company HCI Group announced it is postponing the previously announced initial public offering of its subsidiary, TypTap Insurance Group,...
Insurers That Assume Insolvents’ Policies Could be Covered by Florida Cat Fund January 13, 2022 Private insurers, not just the state-run Citizens Property Insurance Corp., would be eligible for reimbursement from a hurricane catastrophe fund...
‘Game Changer’: Florida Supreme Court Ruling Could Chill Punitive Damages Claims January 13, 2022 By William Rabb Punitive damages, long the scourge of businesses named in lawsuits, and a tricky issue for insurers, may soon be much...
Florida Claims Litigation Drops Again in December January 12, 2022 The volume of claims litigation in Florida continues to subside and by December had dropped almost 50% below last summer’s...
King Insurance Buys Up Two More Florida Agencies: DMI and Insurance Den January 12, 2022 King Insurance announced it has added two more Florida insurance agencies to its rapidly growing stable of firms in the...
Charles Taylor Firm Buys Contego Investigative Services January 12, 2022 Charles Taylor, a claims management and tech company, has acquired Orlando-based Contego Investigative Services, the companies announced in a news...
No Need for Experts in Claims Litigation: Just Use Google Earth, Florida Bill Says January 12, 2022 By William Rabb Insurers would no longer need to hire expensive expert witnesses in some claims disputes, but could rely on Google maps...
Citizens Starts Massive Florida Property Inspection Program This Month January 11, 2022 Citizens Property Insurance Corp. is reminding agents that it is greatly expanding the number of property inspections, starting this month,...
More Coastal Areas Join Forces Over New Flood Risk Rating System January 11, 2022 Despite studies showing a new federal flood-risk rating is more equitable and accurate, opposition to higher flood insurance rates continues...
Kentucky Lawmakers Plan to Move Quickly on Tornado Recovery Package January 11, 2022 Kentucky lawmakers, back in session, are planning to take up tornado-recovery legislation this week, with the goal of quickly distributing...