The practice of insurance companies revising independent adjusters’ damage reports may be as widespread in Louisiana as it is in Florida, according to adjusters and a plaintiffs’ attorney who has filed a lawsuit over it. “They changed my estimate completely. …
An insurance company is entitled to generous tax credits even if the carrier did not invest directly in renewable energy projects, a North Carolina court has decided, striking down a $24 million tax assessment by the state’s Department of Revenue …
The National Hurricane Center’s report on Hurricane Ian, posted Monday, six months after the storm hit southwest Florida, pegs Ian as the most expensive to hit the Sunshine State, causing twice as much damage as Hurricane Andrew did 30 years …
The Mississippi insurance commissioner is reminding consumers and insurance companies that the state will soon have a pet insurance regulatory framework in place, thanks to a law signed in March by the governor. “Pet insurance may seem like a joke …
Policyholders with the now-insolvent United Property & Casualty Insurance Co., who have existing damage and who have been assumed by Citizens Property Insurance, will have an extra 90 days to show that repair contracts have been signed, Citizens’ officials announced …
After almost three years of hearings, workshops and debate between insurers and medical centers, the Florida Division of Workers’ Compensation has given final approval to the 2020 reimbursement manual for ambulatory surgical centers. The manual and its reimbursement rates take …
Florida Gov. Ron DeSantis raised some questions when he suggested that Citizens Property Insurance Corp., the state-created insurer, has “not been solvent” and may be unable to pay all claims from a major hurricane. The head-scratching comments came March 17, …
Three Florida insurance carriers, one large and two small, are seeking approval for major rate increases, with one condominium policy increase as high as 103%. Citizens Property Insurance Corporation’s board of governors this week voted to file for a 14.2% …
In closely watched and widely publicized toxic-tort litigation that has percolated through the courts for more than a decade, federal appeals judges this week underscored the strict standard that expert witnesses are held to when plaintiffs argue that pollution causes …
For the third time in the last 18 months, tornadoes or a hurricane have wiped out or have heavily damaged well-established insurance agencies in the Southeast. And all three of those agencies have rebuilt their businesses or have vowed to …
