The failure to strictly follow the requirements for providing policyholders with information about their hurricane deductible does not mean the deductible is unenforceable, Florida’s high court has ruled. The Florida Supreme Court recently issued the ruling in a case [QBE …
State regulators around the county are finally collecting their share of a multimillion dollar settlement reached with American International Group (AIG) in 2010 based on the company’s misreporting of workers’ compensation premiums for the years 1985 to 1996. In December …
Taking the position that Florida’s heavily-subsidized property insurance market is leading to over-development along the state’s coastline, wildlife groups are calling on state lawmakers to make reforms even if they increase costs. In a letter to the state legislature, six …
When the question is how to shrink Florida’s state-backed home insurer, answers from insurance agents, insurer executives, state lawmakers, and others come down to increasing rates and shifting more policies to the private market. Citizens Property Insurance Corp. held a …
Roofing contractors operating in Tennessee will have to provide residents whose homes are damaged due to tornadoes and other storms with more information about their company and about their rights to cancel contracts under a new law. Gov. Bill Haslam …
North Carolina drivers that own newer cars will still have to undergo an annual vehicle inspection after state lawmakers scuttled a proposal to exempt them from the requirement. The Joint Transportation Oversight Committee by a 7 to 5 vote agreed …
Florida Gov. Rick Scott will have the final say whether to cancel the Republican National Convention in the event of a hurricane. The convention where Mitt Romney is expected to be formally nominated as the Republican candidate for president in …
Kentucky drivers could see their car registrations cancelled and they could be charged with insurance fraud if they are found to be operating a vehicle without the proper insurance. Under current law, Kentucky drivers must show proof of insurance when …
Roofing contractors operating in Tennessee will have to provide residents whose homes are damaged due to tornadoes and other storms with more information about their company and about their rights to cancel contracts under a new law. Gov. Bill Haslam …
Facing protests from consumers and state officials, Florida’s state-run homeowners insurer has found itself defending a proposal to increase rates for new customers above a legislative cap placed on current business. Citizens Property Insurance Corp. officials floated the proposal last …
