Southeast News

Florida Cat Fund Foregoes Private Reinsurance for 2020 Hurricane Season

Reinsurance coverage for the Florida Hurricane Catastrophe Fund will not be purchased for the upcoming hurricane season after overseers of the fund evaluated the market and found a lack of private capital availability. In a statement, John Kuczwanski, manager of …

Homeowners Insurtech Openly Expands into Kentucky

Openly Insurance, a tech-forward company that specializes in premium homeowners insurance, is expanding into Kentucky, the fifth state it is offering its product in to date. Kentucky makes it the fifth state to now offer Openly’s exclusive homeowners insurance product, …

Tennessee to Require COVID-19 Testing at Long-Term Care Facilities

Gov. Bill Lee’s administration announced Friday that long-term care facilities will soon be required to test all of their residents and staff for COVID-19 after initially just urging nursing homes to do so. According to Lee’s office, the Healthcare Facilities …

South Carolina Business Owners Assess Damage After Protests

Some business owners in Charleston, South Carolina, swept up broken glass, boarded windows and took stock of ransacked shelves Sunday morning after protests erupted into violence in South Carolina. Broken glass littered sidewalks outside storefronts in downtown Charleston, where restaurants …

Georgia Nursing Home Cited for Delayed Reporting of Virus-Infected Workers

The federal agency that oversees workplace safety said Friday that it had issued its first citation in the U.S. related to the coronavirus outbreak: against a Georgia nursing home that delayed reporting the hospitalization of six infected workers. The Occupational …

Insurance Survey Asks: How Is Pandemic Affecting Your Life, Your Work, Your Industry?

How is the coronavirus pandemic affecting you and your work? Now and going forward? No matter where you work in the P/C insurance industry, your experience is important. Learn how your experience compares with that of your industry peers by …

AssuredPartners Acquires Cypress Insurance Group of Florida

AssuredPartners, Inc. has acquired Cypress Insurance Group, Inc. of Fort Lauderdale, Fla. The team of 20 will remain under the operational leadership of Terry Bond and Debbie Arciola. The agency currently reports $3 million in annualized revenues. AssuredPartners Regional President …

Mississippi Governor Says Reopening Plan has ‘Freedom with Risk’

Mississippi Gov. Tate Reeves said Wednesday that he will allow all types of businesses to reopen Monday but they must follow safety guidelines to try to minimize spread of the new coronavirus. “This does not mean the threat is gone,” …

Survey: Florida Residents More Concerned for Hurricane Season Amid Pandemic

As Florida gets ready to officially start hurricane season, a new survey shows a majority of residents are more concerned for this year’s potential storms than in previous years, given the simultaneous continuing issues related to the COVID-19 pandemic. According …

Kentucky Nursing Home Evacuated After Coronavirus Outbreak

An outbreak of coronavirus cases at a Kentucky nursing home forced the evacuation of dozens of residents to hospitals, state officials said Tuesday. Thirty-nine residents and 20 staff members at Nazareth Clifton in Louisville tested positive for the virus last …

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