When Builders Insurance Group — a mutual captive insurer for Georgia homebuilders — shifted its exclusive affiliation with Home Builders Association of Georgia, the association implemented a takeover of the insurer. Under Georgia law, mutual captive insurance companies like Builders …
Kentucky golfers and anyone who owns a golf cart within five-miles of a golf course entrance have the go-ahead to putter around on public roadways, per recently signed legislation. In a measure that may also be of interest to those …
Public adjusters are being blamed for thousands of unresolved insurance claims in Florida dating back to the 2004 and 2005 hurricane seasons. A Florida task force monitoring how state-backed Citizens Property Insurance Corp. has handled its claims suggests solicitations by …
A North Carolina bill passed through the Senate Commerce Committee on June 24 that would require insurers to notify consumers of their choice to buy more than the required minimum uninsured motorist and underinsured motorist coverage. The minimum amounts required …
When Florida lawmakers passed asbestos legislation in 2005, they muddied the waters for plaintiffs afflicted with asbestosis who were in the throes of litigation. The state’s Fourth District Court of Appeal has now clarified the situation, ruling that the Florida …
Government scientists believe small unmanned airplanes sent to hurricanes’ cores could lead to revolutionary advances in storm forecasting and measurement. The drones are able to fly far lower than manned hurricane hunter planes and can beam back information from close …
When the dust settled at the end of the 2008 legislative session, Florida lawmakers had presented their governor with a full plate of insurance issues, the most significant of which is a bill including a rate-freeze extension for state-run Citizens …
The State Farm Fire and Casualty Co. filed intentions with the Mississippi Insurance Department to non-renew all Mississippi homeowners policies for customers living within 1,000 feet of the Gulf of Mexico. State Farm spokesman Fraser Engerman said the action involves …
The Florida Cabinet voted to extend a 1 percent insurance policy surcharge to cover hurricane claims that began in 2007 for two additional years through 2014. The assessment covers outstanding claims that originated during the state’s devastating 2004 and 2005 …
When Florida lawmakers passed asbestos legislation in 2005, they muddied the waters for plaintiffs afflicted with asbestosis who were in the throes of litigation. The state’s Fourth District Court of Appeal has now moved to clarify the situation, ruling that …
