Articles by Michael Adams

Florida Lawmakers Tackle Check Cashing Ties to Workers’ Comp Fraud

Florida lawmakers are looking to give regulators and law enforcement officials more flexibility to investigate check cashing companies that may be facilitating fraud in the construction industry. The House Subcommittee on Insurance and Banking yesterday approved HB 1277, sponsored by …

Tennessee University Apologizes for Foul Over Basketball Prize Insurance Claim

A Tennessee state university has apologized to an insurance company after representing that the insurer improperly denied a $20,000 prize claim to fund a promotional contest held during a basketball game. East Tennessee State University Athletic Director David Mullins issued …

Florida Lawmakers Reject Bad-Faith Reform Bill

Business groups in Florida saw their efforts to reform the state’s bad-faith law end suddenly for the year after a legislative committee voted by a one vote margin to kill a bill that would have placed additional restrictions on lawsuits. …

Florida Gov. Scott Leads a PIP Rally for Reform

Standing in the rotunda of Florida’s capitol in Tallahassee on Wednesday, Florida officials and business leaders called on state lawmakers to reform the state’s no-fault personal injury protection (PIP) auto insurance law and reduce the costs for drivers and businesses. …

The Politics of Florida PIP: Industry Looks on While Pols Seek Answers

Most agree that Florida’s automobile no-fault personal injury protection (PIP) system needs to be reformed. But in the halls of the state Capitol the struggle over just how to reform the law has exposed how complicated it is to rein …

Florida Supreme Court Rules Guaranty Fund Not Responsible for Legal Fees

Florida’s high court has ruled that the state fund charged with paying claims from insolvent insurers is not responsible for paying a claimant’s legal fees on a pre-insolvent claim unless they are specifically covered under the terms of their policy. …

Florida Workers’ Comp Rate Hike Irks Businesses

Florida small businesses seeing their second workers’ compensation rate increase in as many years are calling on the state to reduce the increase because they fear it will harm the economy. A small business group is asking that the increase …

Florida’s Citizens Eyes Risk Transfer While Lawmakers Plot Changes

Florida’s largest homeowners’ insurer has set the goal of moving at least $1 billion in risk back to the private capital markets while looking to lawmakers to make statutory changes that will assist the insurer in its depopulation efforts. Speaking …

Florida Workers’ Compensation Rate Hike Irks Businesses

Florida small businesses seeing their second workers’ compensation rate increase in as many years are calling on the state to reduce the increase because they fear it will harm the economy. A small business group is asking that the increase …

Tennessee to Study Workers’ Compensation System

Tennessee state officials, business groups, labor leaders and legal experts are lining up to study the state’s workers’ compensation system, although it may be 2013 before any legislative deals are struck. Tennessee Gov. Bill Haslam has decided that for now, …