A former Florida college administrator has been sentenced to one year and three months in federal prison for defrauding the school out of $155,000 during a website redesign project. Brian Carroll, 47, of New Market, Tennessee, was sentenced Monday in …
Gov. Ron DeSantis’ already strong stamp on the Florida Supreme Court will be even greater for years to come after Justice Ricky Polston retires at the end of this month. DeSantis will have appointed five of the court’s seven justices …
Universal Insurance Holdings Inc. (UVE), parent company of Universal Property & Casualty Insurance Co., last week reported net income of $25.1 million in its fourth quarter, a sharp increase from the previous quarter. On a per-share basis, the Fort Lauderdale, …
An Atlantic hurricane season that had 14 named storms officially ended on Wednesday, leaving residents in the Florida Keys to celebrate even as others around Florida and Puerto Rico continue to grapple with the damage caused by Hurricanes Ian, Nicole …
Insured losses from Hurricane Nicole, a category 1 storm that came ashore on Florida’s east coast last week, will be no more than $750 million, a fraction of the level of losses caused by Hurricane Ian six weeks earlier, CoreLogic …
Florida property insurance experts have long warned that a powerful hurricane strike on a major metropolitan area could result in catastrophic losses and the insolvency of more carriers. Those warnings could become reality by the end of the week if, …
One day after a judge set a new trial date for former Carolina insurance executive Greg Lindberg’s bribery case, the U.S. Securities and Exchange Commission charged that Lindberg and an associate had defrauded clients out of $75 million by using …
The rain that unleashed massive floods in Appalachian mountain communities diminished on Tuesday, leaving survivors to face a new threat: baking in the heat as they try to recover. “It’s going to get really, really hot. And that is now …
Miami-Dade County officials, like Connecticut authorities, are investing heavily in new, flashing road signs after a spate of wrong-way crashes on highways. The Miami-Dade Expressway Authority this week announced a $2.3 million project to erect smart signs on five expressways …
Insurance agents in flooded parts of Kentucky reported Monday that their towns had been inundated with river water and mud – but few residents have flood insurance. “From what I know, almost no one has flood insurance, and they got …
