Federal safety regulators have brought the hammer down on a Louisiana contractor, deciding that the company failed to use correct safety equipment that would have prevented a fatal fall at an electric car plant construction site in Georgia. “The risks …
A south Florida insurance agent has been charged with absconding with more than $130,000 in premiums, leaving property owners uninsured after Hurricane Ian. Naser Al-Sweity, of Boca Raton, was booked into Palm Beach County jail this week on charges of …
The Alabama Supreme Court has handed down two decisions that could have an impact on uninsured motorist claim payouts and on how construction surety bonds and contracts are defended. In MSE Building Co. vs. Stewart/Perry Co., Buc-ee’s Ltd. and Philadelphia …
A federal judge has trimmed nine months off former Georgia Insurance Commissioner Jim Beck’s prison sentence for embezzlement, not because of his good behavior in jail, but because he has no prior criminal history. “Both Defendant and the Government agree …
Tampa-based Slide Insurance, which has made a practice of assuming Florida policies from other insurers in the last two years, said it has acquired renewal rights to 86,000 homeowner policies from Farmers Insurance. Farmers said in June that it would …
The Florida Supreme Court on Thursday declined to rehear a medical malpractice case that has made it easier for insurers and health care providers to challenge a plaintiff’s expert. In University of Florida Board of Trustees vs. Laurie Carmody, the …
State laws adopted in 2022 and 2023 may have stemmed excessive claims litigation in Florida, helping to stabilize the distressed property insurance market and slow rate increases. But premiums, which have doubled for some homeowners in recent years, are unlikely …
Additional arrests are expected after a 41-year-old south Florida claims adjuster was charged this week in an elaborate scheme that allegedly rang up more than $11 million in fraudulent insurance payments to hundreds of co-conspirators. Florida’s Department of Financial Services …
Florida authorities have arrested four Miami people, including two licensed public adjusters, on charges that they forged an elderly homeowner’s signature on documents in an attempt to defraud Citizens Property Insurance Corp. out of $57,000. “This is why the rates …
The AM Best financial rating firm has downgraded its outlook for multiple State Farm insurance companies due to weather losses and regulations that the firm said hinder the insurance giant’s ability to adequately raise rates. “The negative outlooks on the …
