AM Best Urges ‘Immediate and Substantive’ Reforms by Florida Lawmakers December 12, 2022 Ahead of this week’s special legislative session in Florida, the AM Best financial rating firm predicts that “without immediate and...
Florida Bills Offer Broad Attack on Insurance Costs: Legal Fees, AOBs, Reinsurance December 11, 2022 By William Rabb After years of what some insurers have labeled half-measures, Florida lawmakers appear to be on the cusp of delivering “historic”...
Suspended Florida Claim Center Lawyer Agrees to Interim Probation December 9, 2022 By Jim Sams A Florida lawyer whose law license was suspended after setting up a “mobile claim center” near Fort Myers is able...
Lindberg Claims Buyer for Carolina Insurance Companies, But Liquidation Has Begun December 9, 2022 North Carolina insurance executive and reported billionaire Greg Lindberg, now awaiting a second trial on bribery charges, says he has...
One Year Later: Kentucky Agency, Community Recovering from Powerful Tornado December 9, 2022 By William Rabb A year ago Saturday, one of the most powerful tornadoes to hit the United States ripped through western Kentucky with...
Electrical Equipment Damaged in Carolina Shooting Attack Has Been Repaired December 8, 2022 Duke Energy said Wednesday that it has completed repairs on substation equipment damaged when it was shot up last weekend....
Unlicensed Contractor, Deputy Sheriff in Florida Charged in Insurance Fraud Cases December 8, 2022 An unlicensed contractor and a deputy sheriff in Florida have been charged in separate incidents of contracting fraud and insurance...
Florida Ratings Crisis: Fannie and Freddie Agree to Accept Citizens-as-Backstop Plan December 8, 2022 By William Rabb It took more than four months, but Fannie Mae and Freddie Mac have now agreed to accept an innovative but...
Florida OIR Wants Longer Notice on UPC’s Policy Cancellations for Runoff December 8, 2022 United Property & Casualty Insurance Co., now in the midst of an orderly run-off after years of heavy losses, had...
Officials Mark $2.5 Million for Kentucky River Flood Mitigation Study December 8, 2022 By Insurance Journal Staff Reports After massive flooding inundated parts of eastern Kentucky in 2021 and again this year, state officials are looking for ways...