April 26, 2022
May 23 through May 27. Those are the dates Florida Gov. Ron DeSantis has set aside for a special session of the Florida Legislature to address a number of changes that could ameliorate what many have called a property insurance …
April 26, 2022
In a decision that’s being called a win for insurers, Florida’s 4th District Court of Appeals held last week that the statutory notice of intent to sue applies to all assignment-of-benefits agreements signed after the 2019 law was enacted, even …
April 26, 2022
Premiums paid to the Florida Hurricane Catastrophe Fund are expected to increase by more than 12% later this year, giving new urgency to calls to cut the fund’s retention level in half, a move that some estimates show could save …
April 22, 2022
It’s when the letter is mailed, not when it is received, that determines if a plaintiff in a medical malpractice case complied with Florida law on pre-suit notifications, the Florida Supreme Court decided Thursday. “It is the timely mailing of …
April 21, 2022
Insurer insolvencies are hard enough on policyholders and company executives, but local agents across Florida also are feeling the pain from one recent liquidation and may soon feel it from others. The Florida Department of Financial Services has notified agents …
April 20, 2022
Once a party relinquishes information considered privileged, it cannot then claim that other information about the same subject must remain sealed, a federal appeals court found in a medical malpractice and fraud case that has resulted in three separate rulings …
April 19, 2022
Florida’s governor has yet to set a date for a special legislative session aimed at the property insurance crisis in the state, but some in the industry, while welcoming the gathering, said it may come too late for struggling insurers …
April 18, 2022
Florida-based FedNat Insurance Co., six months after it pulled out of other states to concentrate on Florida, woke up to some potentially bad news on Good Friday. The Demotech financial rating firm announced it has downgraded FedNat’s financial stability rating …
April 15, 2022
Four months after its largest subsidiary stopped writing new homeowner business in Florida, United Insurance Holdings Corp. announced it would consolidate four of its companies into three. Publicly traded United, also known as UPC Insurance, owns Journey Insurance Co., American …
April 13, 2022
In another case involving the notorious Strems Law Firm, a Florida man has been charged with operating as an unlicensed claims adjuster and promising homeowners free roofs and kitchens to be paid for by an insurance carrier, state authorities said. …