SAVANNAH, Ga. (AP) — Hyundai Motor Group and LG Energy Solution said Thursday they will spend an additional $2 billion and hire an extra 400 workers to make batteries at the automaker’s sprawling U.S. electrical vehicle plant that’s under construction …
RALEIGH. N.C. (AP) — Portions of a lawsuit filed by several North Carolina bars and their operators seeking financial damages from the state over COVID-19 restrictions that shuttered doors and curtailed business can continue forward, an appeals court panel has …
Kentucky’s insurance commissioner is reminding public adjusters that they are not authorized to get paid up front, before a contract with a homeowner is signed, unless approved by the commissioner. And fees are limited to 15% of insurance awards for …
Florida-based Bayview Asset Management LLC is launching an insurance asset management arm that will seek to expand the range of investable assets available to insurers, according to a statement from the company. The new business will take in money from …
Former NFL wide receiver Mike Williams was reported to be on life support at a Tampa hospital Thursday after a construction accident. Multiple news outlets reported that Williams, who played for the Tampa Bay Buccaneers and the Buffalo Bills, was …
Public adjusters cannot double as appraisers in claims disputes if their total fees exceed the statutory cap, a Florida appeals court decided Wednesday in what may be seen as another win in property insurers’ long battle against tactics allegedly employed …
The U.S. Coast Guard is continuing to investigate the source of an oil spill that contaminated more than 19,000 gallons of water at Port Manatee in Tampa Bay. The spill was reported last week and crews have worked since then …
In the final hours before Hurricane Idalia struck Florida the storm had grown into a Category 4 beast lurking off the state’s west coast, and the forecast called for it to continue intensifying up until landfall. An Air Force Reserve …
A North Carolina insurance agent will have to return to court to determine if he or the client acted negligently by failing to disclose details about an insured’s property, the state’s Court of Appeals decided Monday. In Daniel Jones vs. …
Just days after another hurricane smashed through part of Florida, another property and casualty insurer has been approved for the state, providing more evidence that 2022 legislative limits on litigation are having a desired effect. “I think investors’ appetites have …
