Federal prosecutors have said that Bradley Reifler, a New York-based investment manager, contributed greatly to the demise of North Carolina Mutual Life Insurance Co., the oldest black-owned insurance company in the United States. Last week, a judge sentenced Reifler to …
The National Flood Insurance Program has approved a waiver that will allow some policyholders flooded by Hurricane Ian to receive advance payments of as much as $20,000 – with few strings attached. “The payments will get to the customer, but …
A fatal shooting by a disturbed driver is not covered by the victim’s uninsured motorist policy, the South Carolina Supreme Court decided this week in an opinion that shows how court rulings on the issue have evolved over the last …
In a twist of fate and a sign of the times, some Florida business groups are backing the Democrat in a state House race in the Tampa area, while trial lawyers are putting their weight behind the Republican challenger. The …
A construction company and mortgage lender accused of damaging wetlands on a famous Georgia island have agreed to settle a federal lawsuit brought by landowners. The site of the controversy is on picturesque St. Simon’s Island, which gained attention when …
Former Florida Insurance Commissioner Kevin McCarty is criticizing current state regulators over their recent digs at the Demotech financial rating firm, after Demotech warned it would downgrade more than a dozen property insurers in the state. “Demotech is merely the …
A Florida judge has thrown out a constitutional challenge to an insurance litigation reform law, noting that the state officials named in the lawsuit were not the correct defendants. Plaintiffs Restoration Association of Florida and Air Quality Assessors, headed by …
Another national insurance company has agreed to settle a class-action lawsuit alleging it underpaid hundreds of auto insurance claims. A federal court in Mississippi this month signed off on a confidential settlement in a suit brought by Mississippi drivers against …
A Georgia insurance agent is facing additional charges after she was arrested in July for allegedly keeping premium refund checks that were intended for policyholders. Kerri Monroe, 48, of Lyons, Georgia, in late July was charged with five counts of …
The Florida Division of Workers’ Compensation will hold hearings on Aug. 30 to discuss changes to some medical reimbursement levels and procedures, the latest step in a sometimes contentious process that has lasted more than two years. Tuesday’s hearings probably …
