New litigated claims for Florida’s largest property/casualty insurers grew to 6,398 in June, according to data compiled by litigation management software provider CaseGlide. June litigated claims were up 14% from May’s figure of 5,364. Of the 17 largest Florida insurers …
Plagued by worsening financial issues and under pressure from credit rating agencies, Gulfstream Property and Casualty Insurance Co. entered the first months of 2021 determined to increase its capital contributions. The Sarasota-based personal residential insurer had just come off a …
A U.S. appeals court late Saturday in a 2-1 ruling put on hold a lower-court decision that said the U.S. Centers for Disease Control and Prevention (CDC) could not enforce its coronavirus cruise ship rules in the state. Last month, …
Suspended Georgia Insurance Commissioner Jim Beck improperly took money from the private insurer he led and used it to buy campaign signs when the Republican ran for office in 2018, a witness testified Friday in Beck’s trial. The testimony came …
A tornado spawned as Tropical Storm Elsa moved inland across South Carolina caused about $1 million damage to buildings in the Beaufort County town of Port Royal, officials said. At least 44 buildings in the town of 13,000 suffered some …
Concerns about cybersecurity have led the state of Kentucky to extend its search for a company to modernize its pandemic-stressed unemployment insurance system, Gov. Andy Beshear’s administration said Wednesday. The need for additional safeguards against hackers means the state will …
A Florida judge on Wednesday approved the sale of the oceanfront property where a collapsed Florida condominium building once stood, with proceeds intended to benefit victims of the deadly disaster. At a hearing, Miami-Dade Circuit Judge Michael Hanzman ordered that …
A local government in Georgia agreed Tuesday to pay $500,000 to settle a lawsuit brought by the family of a Hispanic man who died in a struggle with police officers 2017. Columbus Council members met in closed session and approved …
The Citizens Property Insurance Corporation’s Board of Governors approved rate adjustments that will raise average premiums by an additional 2.3% in February 2022. The board for the state-backed insurer unanimously voted in favor of the rate increases, which head to …
West Virginia Attorney General Patrick Morrisey said he will oppose OxyContin maker Purdue Pharma’s bankruptcy plan, arguing that his state, one of the hardest hit by the opioid epidemic, would get shorted in settlement money. “I remain vigorously opposed to …
