William Rabb

/William Rabb

About William Rabb

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So far William Rabb has created 90 blog entries.
7 08, 2023

Massive Citizens Takeout Plan Seen as Sign That Things Are Looking Up in Florida Market

By | August 7th, 2023|Uncategorized|Comments Off on Massive Citizens Takeout Plan Seen as Sign That Things Are Looking Up in Florida Market

Stakeholders near and far are hailing a record number of takeouts from Citizens’ Property Insurance Corp. as a sign that the troubled Florida insurance market is improving, even if it will likely mean higher premiums for homeowners. “This is what …

4 08, 2023

Florida Injury Lawyer Pleads Guilty to Defrauding Players, Litigation Funders in NFL Suits

By | August 4th, 2023|Uncategorized|Comments Off on Florida Injury Lawyer Pleads Guilty to Defrauding Players, Litigation Funders in NFL Suits

A Florida injury attorney, now disbarred, has pleaded guilty to swindling litigation funders and former NFL football players who had sued the league over concussion injuries. Just before his trial was set to begin in federal court in Tallahassee next …

1 08, 2023

After UPC Insolvency, Parent Company Rebrands to American Coastal Insurance

By | August 1st, 2023|Uncategorized|Comments Off on After UPC Insolvency, Parent Company Rebrands to American Coastal Insurance

Six months after its namesake insurance carrier was deemed insolvent, United Insurance Holdings is rebranding itself in the name of its surviving insurer, as American Coastal Insurance Corp. The St. Petersburg, Florida-based holding company for now-defunct United Property & Casualty …

31 07, 2023

Florida Citizens’ Board Approves $36M for New and Improved Clearinghouse Platform

By | July 31st, 2023|Uncategorized|Comments Off on Florida Citizens’ Board Approves $36M for New and Improved Clearinghouse Platform

Florida insurance agents will soon be able to access a new online clearinghouse platform designed to make it easier to steer policyholders away from the still-growing, state-created Citizens Property Insurance Corp. The $35.7 million investment, approved by the Citizens Board …

28 07, 2023

Florida’s Universal Profits Are Up as Carrier Sheds Policies, Feels Impact of Reforms

By | July 28th, 2023|Uncategorized|Comments Off on Florida’s Universal Profits Are Up as Carrier Sheds Policies, Feels Impact of Reforms

Efforts by Universal Insurance Holdings, the publicly traded parent company of one of Florida’s largest property and casualty insurers, to shed policies, spread risk and raise rates appears to have paid off so far in 2023. And recent legislative changes …

17 07, 2023

Fla. Supreme Court Allows Early Dismissal of Medical Malpractice Cases

By | July 17th, 2023|Uncategorized|Comments Off on Fla. Supreme Court Allows Early Dismissal of Medical Malpractice Cases

Like a sports league deciding to make greater use of in-game instant replay on crucial calls, the Florida Supreme Court has made it a little easier for hospitals and other medical malpractice defendants to challenge expert witnesses’ qualifications. “This is …

14 07, 2023

Time Out Called: Florida High Court Rule Change Seen as a Win for Med Mal Insurers

By | July 14th, 2023|Uncategorized|Comments Off on Time Out Called: Florida High Court Rule Change Seen as a Win for Med Mal Insurers

Like a sports league deciding to make greater use of in-game instant replay on crucial calls, the Florida Supreme Court has made it a little easier for hospitals and other medical malpractice defendants to challenge expert witnesses’ qualifications. “This is …

12 07, 2023

Water Damage Exclusions, on the Rise, May Frustrate Insureds But are OK, Court Says

By | July 12th, 2023|Uncategorized|Comments Off on Water Damage Exclusions, on the Rise, May Frustrate Insureds But are OK, Court Says

A federal appeals court has affirmed a lower court ruling that a Scottsdale Insurance commercial policy for a community center excludes almost all non-weather water damage. It’s the type of “infuriating” exclusion that plaintiffs’ attorneys and some brokers have said …

11 07, 2023

BREAKING: Farmers Insurance Further Reducing Florida Business

By | July 11th, 2023|Uncategorized|Comments Off on BREAKING: Farmers Insurance Further Reducing Florida Business

One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans to cut back further on its presence in the hurricane-prone state. The Florida Office of Insurance Regulation said Tuesday that …

9 05, 2023

Light Duty or Scheme to Avoid Workers’ Comp Claim? Florida Appeals Court to Decide

By | May 9th, 2023|Uncategorized|Comments Off on Light Duty or Scheme to Avoid Workers’ Comp Claim? Florida Appeals Court to Decide

Most people will be familiar with the posters at workplaces, noting the number of days since a lost-time work injury. Well, there’s a dirty little secret behind that, one that helps employers avoid higher experience modifications on their workers’ compensation …