Universal Insurance Holdings, after discontinuing more than 160,000 policies over the last two years, now sounds like it’s ready to start growing again in its home state of Florida. “As we move forward, we’re more confident in the Florida market, …
A federal appeals court this week upheld a $12 million jury award against a gravel and waste-hauling company in a horrific highway accident that killed four Spanish women who were on vacation in the Florida Keys in 2018. But it’s …
The story of disbarred Florida plaintiffs’ attorney Scot Strems has been told, in bits and pieces, in this publication and others over the last six years. But the saga and Strems’ alleged actions and the havoc they caused in the …
Matching requirements for roofs and interior furnishings have been a tough issue in the property insurance industry for years. Recent developments show how insurers and regulators in different Southeast states are managing the mandates. In Kentucky last week, the state …
Florida lawmakers have agreed to convene in another special session – the sixth in three years – this time to sanction the country of Iran but with a little indirect Florida property insurance relief also on the agenda. The call …
In a letter to employees, GEICO president and chief executive officer Todd Combs said the Berkshire Hathaway company is laying off 2,000 associates, or about 6% of the workforce. “This will allow us to become more dynamic, agile, and streamline …
Ameris Bank, an Atlanta-based corporation with operations in seven Southeastern states, has agreed to invest $9 million in minority neighborhoods in Jacksonville, part of a settlement with the U.S. Department of Justice over alleged redlining practices. “As today’s case makes …
American consumers may remember the news about certain Chinese-made dehumidifiers, more than 1.5 million of which were recalled due to their tendency to overheat and catch fire. The manufacturer, Gree USA, in 2021 agreed to pay $91 million in penalties, …
When Insurance Journal called Danielle Ellis, principal at Ellis Insurance Agency in Charleston, West Virginia, with the news that the agency had been named one of the Best Agencies to Work For in the Southeast, an office manager said she …
Insurance department omnibus bills in state legislatures are often seen as housekeeping or budget items that may revise regulatory language, fund insurance department positions or clean up the wording of previous laws. But in North Carolina this year, supporters of …
