Florida Insurers Show a Little Profit in 2023 But Two Join the Watch List July 11, 2023 By William Rabb Florida’s beleaguered insurance industry may have turned a corner in 2023, with net income in the black for the first...
Fla. High Court: 2-Year Statute of Repose Applies, Even in Liability Insurance Suits July 5, 2023 By William Rabb A Florida Supreme Court decision has put to rest some questions about whether a statute of limitations on lawsuits can...
Using Forklift to Tow Vehicle at Night Not Covered by Shop’s Liability Policy – MS Court July 5, 2023 By William Rabb Using the boss’ forklift to tow a personal vehicle to a welding shop at night is not work-related and is...
Bad Press, Claims Issues, Soaring Premiums Giving Industry Another Black Eye? July 3, 2023 By William Rabb It’s no secret that the U.S. property/casualty insurance industry does not always enjoy a sterling reputation among consumers. As one...
Florida Regulators Approve Roof Endorsements That Bar Non-Storm Claims July 3, 2023 By William Rabb Despite the Florida Legislature taking major steps to rein in the cost of roof claims and litigation, at least two...
Engineering Report Not Covered in Kidwell AOB Case, Florida Appeals Court Finds June 29, 2023 By William Rabb Insurance carriers do not have to pay for an engineering report if it’s not used in the repair of a...
Construction-Defect Subrogation on the Rise But it Just Became More Difficult in Florida June 27, 2023 By William Rabb Florida lawmakers this year approved a measure that could help reduce liability insurance premiums for home and condo builders –...
Structured Settlement Cash-out Left Impaired Man with Little. Transamerica Not Liable June 22, 2023 By William Rabb Transamerica’s annuity and life insurance units have dodged a bullet and are not liable for their roles in a mentally...
Sublimit Left Out of Policy, But Liberty Mutual Firm Avoids Huge Payout Anyway June 20, 2023 By William Rabb What happens when an insurance carrier, its underwriter, a broker and the insured all forget to make sure a sublimit...
Florida Agents Optimistic About Market – and Don’t Fear the A.I. Reaper June 19, 2023 By William Rabb ORLANDO – Just as some California insurance agents are expressing grave concerns about the future of that state’s insurance market,...