William Rabb

/William Rabb

About William Rabb

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So far William Rabb has created 23 blog entries.
5 07, 2022

Insurer’s Good Deed Restarts the Clock on Benefits, Carolina Appeals Court Finds

By | July 5th, 2022|Uncategorized|Comments Off on Insurer’s Good Deed Restarts the Clock on Benefits, Carolina Appeals Court Finds

Insurers might say this one falls in the category of “no good deed goes unpunished.” In a workers’ compensation decision published today, July 5, the North Carolina Court of Appeals held that the re-issuance of a missing check to an …

23 06, 2022

‘Well-to-Do’ Investment Firm Head Charged in $300,000 South Florida Insurance Fraud

By | June 23rd, 2022|Uncategorized|Comments Off on ‘Well-to-Do’ Investment Firm Head Charged in $300,000 South Florida Insurance Fraud

The head of a small, South Florida investment firm has been charged with insurance fraud after he submitted a $300,000 roof-leak claim to his insurer, American International Group, along with allegedly fake photos of mold and other damage to his …

10 06, 2022

Citizens Adds Thousands of Policies But Has Yet to Complete Reinsurance Needs

By | June 10th, 2022|Uncategorized|Comments Off on Citizens Adds Thousands of Policies But Has Yet to Complete Reinsurance Needs

Two developments at Citizens Property Insurance Corp. show how tough the Florida market continues to be, even after recent legislative action. At a Citizens Market Accountability Committee meeting this week, Chief Operating Officer Kelly Booten said the state-run insurer of …

9 06, 2022

Milliman: Black-Lung Liabilities Top $9 Billion as Coal Industry Shrinks

By | June 9th, 2022|Uncategorized|Comments Off on Milliman: Black-Lung Liabilities Top $9 Billion as Coal Industry Shrinks

The U.S. coal industry may be shrinking rapidly as the country shifts to renewable energy, but insurers’ and self-insured companies’ liabilities for black-lung occupational disease claims have ballooned – to an estimated $9 billion and perhaps more than $14 billion. …

9 06, 2022

Insurers, Self-Insureds Now Facing $9B in Black-Lung Liabilities, Milliman Says

By | June 9th, 2022|Uncategorized|Comments Off on Insurers, Self-Insureds Now Facing $9B in Black-Lung Liabilities, Milliman Says

The U.S. coal industry may be shrinking rapidly as the country shifts to renewable energy, but insurers’ and self-insured companies’ liabilities for black-lung occupational disease claims have ballooned – to an estimated $9 billion and perhaps more than $14 billion. …

27 05, 2022

High-Speed Lawmaking: Florida Governor Quickly Signs Insurance, Condo Reform Bills

By | May 27th, 2022|Uncategorized|Comments Off on High-Speed Lawmaking: Florida Governor Quickly Signs Insurance, Condo Reform Bills

Florida Gov. Ron DeSantis signed property insurance and condominium maintenance reform legislation into law Thursday, putting an exclamation point on a whirlwind of lawmaking that began just a week ago when the bills were drafted and filed. “This package represents …

27 05, 2022

People’s Trust, Southern Fidelity Stop Writing New Business in Florida

By | May 27th, 2022|Uncategorized|Comments Off on People’s Trust, Southern Fidelity Stop Writing New Business in Florida

Two more property insurers, including two of Florida’s larger carriers, did not wait around to see what help the just-concluded special session of the Legislature may provide, and have stopped new business in the state. People’s Trust, once listed as …

20 05, 2022

Florida Appeals Court Slashes $600,000 Attorney Fee on $52,000 Claim

By | May 20th, 2022|Uncategorized|Comments Off on Florida Appeals Court Slashes $600,000 Attorney Fee on $52,000 Claim

Florida may have one of the most generous attorney-fee mechanisms in the country, sometimes resulting in plaintiff’s fees that are several times greater than the amount of damage awards. It’s enough to drive property insurers crazy – or toward the …

20 05, 2022

Florida Appeals Court Slashes $600,000 Attorney Fee on $52,000 Claim

By | May 20th, 2022|Uncategorized|Comments Off on Florida Appeals Court Slashes $600,000 Attorney Fee on $52,000 Claim

Florida may have one of the most generous attorney-fee mechanisms in the country, sometimes resulting in plaintiff’s fees that are several times greater than the amount of damage awards. It’s enough to drive property insurers crazy – or toward the …

19 05, 2022

Policies’ Arbitration, AOB Endorsements are Unconstitutional, Florida Lawsuit Claims

By | May 19th, 2022|Uncategorized|Comments Off on Policies’ Arbitration, AOB Endorsements are Unconstitutional, Florida Lawsuit Claims

Recent moves by two Florida insurers to limit litigation and restoration expenses – and regulators’ approval of those policy endorsements – have met with a constitutional challenge from contractors. One Florida law professor said the suit is likely to see …