For the third time in the last 18 months, tornadoes or a hurricane have wiped out or have heavily damaged well-established insurance agencies in the Southeast. And all three of those agencies have rebuilt their businesses or have vowed to …
In closely watched and widely publicized toxic-tort litigation that has percolated through the courts for more than a decade, federal appeals judges this week underscored the strict standard that expert witnesses are held to when plaintiffs argue that pollution causes …
The Florida Senate approved a take-no-prisoners tort-reform bill Thursday and it could be signed into law as soon as Friday. The bill, which extends limits on one-way attorney fees, assignments of benefits, and other provisions to most types of insurance …
A sponsor of a far-reaching Florida tort-reform bill warned last week that the measure, unlike previously adopted insurance legislation, is subject to change as it moves through the House and the Senate. On Tuesday, that proved true as the Senate …
Allegations that some insurance carriers have altered field adjusters’ damage estimates has gained more national attention after The Washington Post reported on and documented examples of the practices. Leadership with Florida-based Heritage Insurance Co. and with Florida Peninsula Insurance, named …
A Florida bill that aims to further limit injury and insurance litigation and attorney fees passed a state Senate committee Tuesday after heavy debate – but with few changes. Senate Bill 236, the companion to House Bill 837, a wide-ranging …
A public adjuster that has been vilified by insurers for disrupting and delaying property inspections has been suspended for two years by an administrative law judge. But state regulators’ recommendations in the case have raised new and potentially far-reaching questions …
In a decision that animal rights advocates are calling a big win over big agricultural interests, a federal appeals court last week struck down part of a North Carolina law, declaring that it violated the constitutional guarantee of free speech. …
One year after Slide Insurance made waves by taking over thousands of policies from a troubled Florida carrier, the young company has done it again. The Florida Office of Insurance Regulation on Tuesday signed a consent order granting Tampa-based Slide …
After American Integrity Insurance Co. filed for a binding arbitration endorsement on homeowner policies one year ago, many in the industry expected a wave of other insurers to follow suit as claims litigation costs continued to rise in Florida. So …