Travelers Must Pay $2M for Yacht Lost in Irma: Florida Law Bars ‘Technicality’ Denials June 28, 2023 By Jim Sams Travelers must pay a $2 million claim by the owner of a 92-foot-long yacht that was sunk by Hurricane Irma...
U.S. Hurricane Victims Want Improved Disaster Relief, With Faster Money, Less Red Tape October 31, 2022 By Wayne Parry Survivors of storms that pounded several U.S. states say the nation’s disaster aid system is broken and that they want...
Florida Lawsuit Charges United P&C With RICO Violations in Widespread Claims Denials January 14, 2022 By William Rabb In the ongoing war between restoration companies and insurers in Florida, contractors suing carriers in assignment-of-benefits claims is nothing new....
Federal Court Finds 27 Months is Too Late to File Irma Claim November 2, 2021 If the insurance policy calls for “prompt notice” of property damage after a storm, the policyholder cannot wait two years...
Court Affirms Miami Condo Tower Hurricane Damage Award That Disappointed Both Sides July 27, 2021 By Jim Sams The 11th Circuit Court of Appeals affirmed a jury verdict that found an insurer liable for $2.6 million in damages...
Florida Woman Pleads Guilty to Hurricane Irma Disaster Assistance Fraud January 31, 2020 A Florida woman has pleaded guilty to lying about damage caused by Hurricane Irma. Deannajo White, 39, pleaded guilty in...
Florida Woman Found Guilty of Hurricane Irma Relief Fraud November 25, 2019 A Florida woman has been convicted of fraudulently obtaining Hurricane Irma disaster relief money. Court records show that 37-year-old Karen...
N.Y. Updates Insurance Company Disaster Response, Recovery Plan Requirements April 25, 2018 The New York Department of Financial Services (DFS) has issued updated disaster response and recovery plan requirements for all insurance...
Natural Disasters Cost Insurers a Record $144 Billion in 2017: Swiss Re’s sigma April 10, 2018 Global insured losses from natural catastrophes were US$144 billion in 2017, the highest-ever recorded in a single year, according to...
2017’s Natural Hazards and the Destruction They Brought: CoreLogic January 25, 2018 CoreLogic’s annual Natural Hazard Risk Summary and Analysis shows that 2017 was a year of relatively average activity for most...