Frontline Insurance Co. has sparked confusion and concern from agents and insureds after the carrier last week sent out differing information about its financial rating agency. The potential good news for agents and policyholders: Freddie Mac, the quasi-government corporation that …
Florida officials have taken strong action against two of the insurance industry’s most-detested adversaries, disbarring a notorious plaintiffs’ attorney who filed thousands of frivolous claims lawsuits and moving to revoke the license of a public adjuster that obstructed insurers in …
If the insurance industry hasn’t noticed, the sport known as pickleball is exploding across the country. In the last three years, the number of players has jumped by more than 40%, by some measures. In Minnesota, some 600 courts are …
Five weeks after three independent adjusters told Florida lawmakers that insurance carriers have frequently doctored their damage assessment reports, the men said they’ve had no contact from state agencies about the allegations. And they’re now disputing assertions from state officials …
Two insurance carriers have no duty to defend or to indemnify Quest Pharmaceuticals in lawsuits brought over the drug distributor’s role in the opioid crisis, a federal appeals court decided last week. The opinion could bolster U.S. insurers’ arguments that …
Physician dispensing of medications has long been a flash point in workers’ compensation insurance, with at least 22 states regulating or restricting the practice. Florida is no exception to the controversy, and stakeholders on both sides of the issue joined …
Florida-based Morgan & Morgan, which calls itself the largest injury law firm in the country, has become one of the property insurance industry’s chief adversaries, facing off with insurers over thousands of auto accidents, homeowner policies and workers’ compensation claims. …
For hurricanes with erratic paths that prove difficult to predict, property insurers could soon find it trickier to justify some claims denials for boats, yachts and other movable marine structures, thanks to a recent appeals court decision. The 11th U.S. …
When aging water pumps in Jackson, Mississippi, were shut down by floodwaters last August, knocking out water service to most of the city, companies that depend on clean water saw many of their customers and their revenue disappear overnight. And …
The Florida Supreme Court has struck down $16 million in punitive damages against R.J. Reynolds Tobacco Co. as “excessive,” a decision that could bode well for insurers and businesses relying on courts to interpret state law strictly as written. “Text …
