Florida insurers may have another weapon in the war over assignments of benefits in insurance claims, thanks to an appeals court ruling that went against one of the insurance industry’s most visible and active foes. In Kidwell Group and Air …
Two more Florida property insurers have stopped accepting new business in the state. One of them blamed it partly on unfair and unexpectedly large price increases from reinsurers this year. The other carrier said that, despite reinsurance issues, it will …
The head of a small, South Florida investment firm has been charged with insurance fraud after he submitted a $300,000 roof-leak claim to his insurer, American International Group, along with allegedly fake photos of mold and other damage to his …
Insurers and government self-insurance pools should be breathing a sigh of relief after the Alabama Supreme Court absolved a county commissions’ fund of direct liability in a marina fire that killed eight people and destroyed three dozen boats. The court …
Florida’s chief financial officer has stepped into the middle of a firefighters’ workers’ compensation appeal on a mental stress claim, a move the fireman’s lawyer called “unprecedented” and which reflects the importance of the case. If Florida’s 1st District Court …
The question for the Mississippi Supreme Court was whether the amount of damages due an injured employee for her attorney’s negligence should include the workers’ compensation benefits she missed out on. The answer, the court decided last week, is “yes,” …
Less than a month after a federal judge barred a Brazilian firm from certifying any more plywood due to questions about the material meeting U.S. standards, a new certification organization has popped up. A U.S. plywood coalition is crying foul …
A decade ago, it was questionable sinkhole damages that proliferated in Florida property insurance claims. More recently, “free roof” solicitations, roof claims and thousands of lawsuits have rattled the industry. Now comes cast iron drainpipes, common in homes built before …
Two weeks after it lost its financial stability rating, Southern Fidelity Insurance Co. has been ordered into receivership and is being liquidated, making it the fourth Florida property insurer this year to bite the dust. A Leon County Circuit Court …
Some Florida insurers may feel like they didn’t score a home run with the recent property insurance reform measures signed into law in May. But they could soon see a friendly umpire on the state Supreme Court, likely to write …
