Four months after its largest subsidiary stopped writing new homeowner business in Florida, United Insurance Holdings Corp. announced it would consolidate four of its companies into three. Publicly traded United, also known as UPC Insurance, owns Journey Insurance Co., American …
A decision handed down Thursday by the Florida Supreme Court, along with a recent ruling by state regulators, could give insurers another tool that could be used to stem the tide of claims litigation. In AirBnB Inc. vs. John Doe, …
A special insurance-reform session of the Florida Legislature probably won’t happen before November, when a new House speaker takes office. But the state’s insurance regulators are taking steps on their own to help cut the cost of roof claims. At …
Kentucky’s General Assembly has become the only legislature so far this year to adopt a bill that could give insurers lower rates on commercial loans from the Federal Home Loan Bank system. The Kentucky Senate this week unanimously approved House …
Insurance claims and loss estimates are beginning to come in from the group of deadly and damaging tornadoes that moved through the central and southern U.S. last weekend. The Federal Emergency Management Agency confirmed there were at least 52 tornadoes …
The Florida Supreme Court has suspended a workers’ compensation defense lawyer for 91 days, after he was caught coaching a deposition witness through text messages, then being less than candid about it to a judge. Derek James, of Maitland, Florida, …
Florida’s insurance commissioner is applauding a federal court’s decision to dismiss an air ambulance company’s challenge to a 2020 law that limits insurance reimbursements for pricey helicopter and fixed-wing medical transports. “The successful dismissal of this lawsuit will ensure consumers …
The Florida Supreme Court on Thursday handed down no insurance-related opinions in its regular weekly posting and did not report a long-awaited decision on an insurance defense attorney charged with coaching a witness through text messages. But one step down …
The Florida Insurance Guaranty Association is urging insurers to hold off on sending homeowners’ policy renewals until state regulators decide if they will approve a surcharge on premiums to help cover more than $168 million in claims left from two …