It was a no-brainer for former thought-leaders from AIG to set up shop for their new high net worth insurer in the Sunshine State, a state known for beautiful beaches, a growing economy and lots of wealthy individuals. A pull …
Florida’s number one Judicial Hellhole ranking for 2017 from the American Tort Reform Foundation (ATRF) is unlikely to be an achievement the state will celebrate any time soon. Quite the opposite, according to business groups like the Florida Chamber of …
A company that rates many Florida property/casualty insurers believes hurricane losses and assignment of benefits litigation during 2017 could affect some insurers’ financial ratings. Ratings company Demotech says it will wait until it has analyzed year-end financial information, revised business …
Litigation from the abuse of assignment of benefits by third parties represented more than half of all Florida insurance litigation in 2017, and without a legislative fix those fueling the abuse will continue to get rich at the expense of …
South Carolina has alerted insurers of several changes to loss costs for the state’s voluntary and assigned risk workers’ compensation markets and has issued a requirement that updated loss cost multipliers be filed in response to the recent termination of …
Appalachian Underwriters, Inc. is has hired workers’ compensation underwriter Alon Cohn to its Sanford, Fla., office. Cohn will focus on the production of new workers’ compensation business in the Southeast region, including Alabama, Florida, Georgia, Mississippi, and Tennessee. Previously a …
South Carolina has alerted insurers of several changes to loss costs for the state’s voluntary and assigned risk workers’ compensation markets, and has issued a requirement that updated loss cost multipliers be filed in response to the recent termination of …
The epidemic of assignment of benefits (AOB) abuse that has been plaguing Florida for several years is only getting worse, says a new report from the Florida Office of Insurance Regulation (OIR). The most recent data call of water or …
Cannasure Insurance Services, an cannabis insurance MGA and wholesale broker, is launching a new comprehensive coverage program for the cannabis industry. Patrick McManamon, CEO of Cannasure Insurance Services, said the program will offer all lines of coverage to medical and …
Commercial Coverage Insurance Agency Owner Samantha Tradelius approaches running the nonprofit she started two years ago, The Sparkle Foundation, in the same manner she runs her insurance agency: it’s about taking care of people and living a life of purpose. …
