Florida’s Heritage Insurance Reports 5,400 Claims, $57M in Cat Losses From Milton October 24, 2024 By William Rabb More loss and claims estimates are trickling in from carriers after Hurricane Milton caused widespread wind and flood damage in...
CRC Group, Insurance Office of America Add New Faces in the Deep South October 23, 2024 CRC Group, a wholesale specialty insurance distributor with offices in Birmingham, Alabama, has added three new faces to its Southern...
AIG Plans to Consolidate Atlanta Ops Into Innovation Hub October 23, 2024 American International Group, better known as the global insurance enterprise AIG, said it will consolidate its Atlanta-area operations into a...
Cash-Flush Florida Tries to Buy Back Its Bonds for First Time October 23, 2024 Florida bond investors are about to have an unusual decision to make — whether to sell their debt back to...
Tennessee Pollution Exclusion Confusion: Courts Differ But Clauses Can Apply October 23, 2024 By Junaid N. Savani Insurers often include exclusions within their liability policies to prohibit coverage for claims arising out of pollution exposure. The exact...
Hurricane Milton Caused $1.5B-$2.5B in Losses to Florida Agriculture October 22, 2024 Hurricane Milton caused an estimated $1.5 billion to $2.5 billion in damage to Florida’s crops and agricultural infrastructure, according to...
Centerbridge-Backed Lab Under Pressure After Chemical Fire October 22, 2024 By Eliza Ronalds-Hannon Weeks after a chemical warehouse fire in Rockdale County, Georgia, released plumes of toxic smoke, nearby residents can now leave...
Appeals Court Says Experts Must Show Causal Relationship in BP Oil Workers’ Suits October 22, 2024 By William Rabb A federal appeals court has underscored the high bar that expert witnesses must meet before a court can connect the...
Claims from Hurricane Milton Continue to Rise in Florida October 22, 2024 Almost two weeks after Hurricane Milton made landfall near Sarasota, Florida, as a Category 3 storm, claims and loss totals...
At Least 7 Dead After Ferry Dock Gangway Collapsed on Georgia Island October 21, 2024 By Russ Bynum SAVANNAH, Ga. (AP) — Authorities said at least seven people were killed Saturday when part of a ferry dock collapsed...