A Florida judge has given another win to Citizens Property Insurance Corp., finding that the state-created insurer’s arbitration endorsement is constitutional and enforceable. “Final judgment is granted in favor of Citizens and against the plaintiff as to this declaration that …
A North Carolina insurance agent is out on bond, awaiting court action, after he was charged with diverting premium payments from four automobile dealerships. Jeffrey Martin Webster, of Jamestown, North Carolina, was charged with 18 counts, including forgery and embezzlement …
Florida’s insurance commissioner has approved a 6.9% average decrease in workers’ compensation rates for the voluntary market for 2026, marking the ninth straight year of rate cuts in the state. The average rate reduction will be for new and renewal …
Fresh off its subsidiary’s purchase of a builder-linked homeowners’ insurance program, the Tampa-based Baldwin Group took another hit to its bottom line in the third quarter this year. But the brokerage and advisory group expects the loss to turn into …
The Georgia Court of Appeals this week handed down multiple decisions, three of which could indirectly affect property and liability insurance coverage in the state for years to come. In a case over a deliberately set Atlanta apartment complex fire …
The owner of Florida-based Oakes Farms, known for his political views and conspiracy theories, has no legitimate legal claim against a Florida school district that terminated the farm’s food-supply contract over COVID-19 concerns, a federal appeals court said Wednesday. “To …
Twenty years after Hurricane Katrina swamped parts of Louisiana and Mississippi, the property insurance sector is better prepared for another catastrophic storm and the litigation that may follow, according to industry leaders. They point to tighter insurance policy language and …
Yet another property insurance carrier has been approved to do business in Florida, this one a sister company to Monarch National Insurance, based in Tallahassee. Viceroy Preferred Insurance Co. is at least the 15th new insurer to enter the Florida …
With more states adding or considering restrictions on third-party funding of lawsuits, one of the largest litigation finance firms is now planning to invest directly in some law firms. “We are pursuing strategic minority investments in firms where we can …
The Florida Department of Financial Services, without a department head since April – after Jimmy Patronis was elected to Congress – has a new chief financial officer in the form of Blaise Ingoglia, a millionaire home builder and recent state …