The Florida Supreme Court has granted an emergency request by The Florida Bar to immediately suspend an attorney who, with his firm, has filed thousands of assignment of benefit and first party lawsuits against Florida property insurers over the last …
From the threat of insurer ratings downgrades to mounting carrier losses because of excessive litigation to increasing insurance rates, Florida’s insurance market got off to a rocky start in 2020. Then came the COVID-19 global pandemic, causing further stress to …
Reinsurance coverage for the Florida Hurricane Catastrophe Fund will not be purchased for the upcoming hurricane season after overseers of the fund evaluated the market and found a lack of private capital availability. In a statement, John Kuczwanski, manager of …
Capitol Preferred Insurance Co., one of the top writers of homeowners insurance in Florida, has received approval from the state’s insurance regulator to shed 23,800 policies just weeks before the start of hurricane season. In a May 12 consent order, …
A Florida-based managing general agency has filed a $30 million poaching lawsuit against three former executives and the agency they jumped to while it was in the process of being acquired. Centauri Specialty Insurance Holdings (CSIH) and Centauri Specialty Managers …
Customer service representatives holding a particular Florida insurance license will be able to continue conducting business remotely until at least July 7. A directive issued by Florida CFO Jimmy Patronis that allows remote work by Florida agency customer service representatives …
Citizens Property Insurance Corp., Florida’s insurer of last resort, has moved forward with an independent study that will evaluate the insurer’s potential exposures from the state’s troubled property insurance market. The Citizens’ Board of Governors voted at its last meeting …
Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 28%, or nearly 20,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according to a recent report by …
A county in Georgia will not receive any federal relief funds after a tornado that swept through the South in April destroyed dozens of homes in the area, authorities said. Murray County Commissioner Greg Hogan told news outlets Tuesday that …
College students in North Carolina are suing universities in hopes of getting reimbursements for tuition and fees after campuses shut down and moved classes online during the coronavirus pandemic. The Raleigh News & Observer reported April 28 that the institutions …
