Florida Court Rulings, Legislation Could Impact Insurers’ Claims Practices December 19, 2023 By William Rabb Recent Florida legislation that has limited plaintiffs’ attorney fees and has raised the bar for bringing bad-faith claims against insurers...
Florida Judge Slams Universal for ‘Stonewalling,’ Demands Answers From Company December 19, 2023 By William Rabb Universal Property & Casualty Insurance Co. officials are discounting the significance of recent Florida judges’ rulings that have slammed the...
Are Billions in Wind Mitigation the Answer for Florida’s Insurance Problems? December 18, 2023 By William Rabb While Florida’s property insurance landscape appears to be leveling out, much more funding is needed to fortify homes against hurricane...
A Year After Florida Adjusters Dropped a Bomb, They’ve Heard Little and Now Want Investigators Fired December 14, 2023 By William Rabb One year ago, three independent claims adjusters stood before the Florida House Commerce Committee and charged that several insurance companies...
KBRA: Florida Insurers Got Creative in 2023 but Higher Reinsurance, Storms Coming December 13, 2023 By Insurance Journal Staff Reports Things are looking up in the buffeted Florida market, but reinsurance rates will continue to rise for the next two...
Florida Trial Lawyer State Rep Offers Condo ACV Bill as a Solution to Costs December 12, 2023 By Insurance Journal Staff Reports A bill introduced by a Democrat and trial attorney would take a step toward something that property insurers have longed...
Florida Governor’s Budget Would Slice Premium Taxes and FIGA Assessment December 8, 2023 Florida Gov. Ron DeSantis and the state’s insurance commissioner have touted the governor’s 2024-2025 state budget, released this week, as...
Florida Authorities Charge 4 in Fraudulent Roof Claims, Issue Warrant for Contractor December 4, 2023 By Insurance Journal Staff Reports Florida authorities have announced the arrest of four people in connection with an alleged scheme to deliberately damage roofs in...
US Senate Committee Wants Investigation Into Florida Citizens’ Loss Reserves December 1, 2023 By William Rabb The chairman of the U.S. Senate’s Budget Committee has begun an investigation into Florida’s Citizens Property Insurance Corp. and how...
Florida Lawmakers Fund Home Hardening Program, Idalia Recovery in Special Session November 8, 2023 The Florida House of Representatives and Senate moved quickly this week to approve more funding for the state’s popular home-hardening...