Southeast News

Fed Court Wants Florida Supremes to Clarify Rule That Can Bar Subrogation Recovery

In the next year or so, the Florida Supreme Court will decide on the exact meaning of a legal doctrine that, under one interpretation, has blocked millions of dollars per year in subrogation recovery for liability insurance companies. The 11th …

Florida Surplus Lines Saw ‘Monumental’ Growth in February, FSLSO Says

Surplus lines in Florida saw a huge increase in premium, policy count and new business for February compared to the same month last year, a spike in growth that the Florida Surplus Lines Service Office called “monumental” and “eye-popping.” The …

Miami Trial of J&J Talc Powder Cancer Claims Ends in Hung Jury

The latest trial over claims that Johnson & Johnson’s talc products cause cancer ended in a mistrial on Tuesday, as a Florida state court jury said it could not agree on a verdict. The lawsuit was brought by Bob Sugarman, …

NC Appeals Court Gives Green Light to Liquidation of Lindberg Insurance Firms

Former North Carolina insurance and business mogul Greg Lindberg has lost an appeal on whether one of his companies can delay the liquidation of two of his troubled life insurance carriers. North Carolina Insurance Mike Causey said the March 5 …

Federal Appeals Court Puts Florida’s ‘Stop Woke’ Act to Sleep as Speech Violation

Florida’s so-called “stop woke act,” championed by Gov. Ron DeSantis, violates businesses’ and employees’ First Amendment free speech rights, a federal appeals court ruled Monday in striking down the 2022 law. “This law, as Florida concedes, draws its distinctions based …

NTSB: Engine Oil Warnings Sounded Just Before Jet Crashed on Florida Interstate

ST. PETERSBURG, Fla. (AP) — Moments before the deadly crash of a charter jet on a Florida highway, three warnings about oil pressure problems in its two engines sounded, the National Transportation Safety Board said in a preliminary report Tuesday. …

Insurer CEO Warns Limits on Cancellations Will Deter Carriers From Florida Market

The head of two property insurance companies set to enter the Florida market this year is warning state lawmakers that bills that would limit some policy cancellations and nonrenewals after storm damage could do more harm than good. “It absolutely …

Jury Awards $72.5M to Woman Paralyzed When Struck by New York City Bus

A Florida woman who says she was struck and dragged by a New York City bus and left partially paralyzed has been awarded $72.5 million in her lawsuit against the city’s transit agency. A city jury found in favor of …

FTI Consulting Acquires Madison Group Actuarial Firm

A global risk advisory firm has beefed up its actuarial muscle with the acquisition of Madison Consulting Group, based in Madison, Georgia, and Newtown Square, Pennsylvania. FTI Consulting, which recently released its own annual report on mergers and acquisitions in …

Georgia’s Largest County Still Repairing Damage from January Cyberattack

Georgia’s largest county is still repairing damage inflicted on its government a month ago by hackers who shut down office phone lines, left clerks unable to issue vehicle registrations or marriage licenses and threatened to publicly release sensitive data they …

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