Update: Florida Consultant on Demotech Alternatives Faced Issues in Other States December 1, 2022 By William Rabb A Mississippi-based consulting firm hired to figure out Florida’s insurance company financial rating conundrum has faced scrutiny in other states...
Four Florida Cities in Top 10 Most Dangerous for Pedestrians, Affecting Insurance Costs November 29, 2022 By William Rabb Six of the top 10 most dangerous cities for pedestrians are in the Southeast and four of those are in...
West Virginia High Court Issues Slew of Rulings – Some For, Some Against Insurers November 22, 2022 By William Rabb The West Virginia Supreme Court has handed down four decisions that could affect insurers’ payouts in auto, homeowners and worker...
Liberty Mutual Firm Balks at TeamHealth’s $42M Settlement in Whistleblower Case November 22, 2022 By William Rabb A Liberty Mutual Insurance subsidiary is asking a federal court to absolve it of responsibility for part of a multi-million-dollar...
Questions Surround Accuracy of Federal Flood Maps November 21, 2022 By Allen Laman and William Rabb Wondering if you need flood insurance? There are maps for that. But some say the federal flood maps are inadequate...
Florida Appeals Court Upholds Dismissal of 16 Auto-Glass AOB Suits vs. Progressive November 18, 2022 By William Rabb A Florida appeals court has upheld the dismissal of no fewer than 16 auto glass assignment-of-benefits lawsuits against Progressive Insurance...
Two Farmers Indicted in Kentucky Crop Insurance Fraud November 16, 2022 By William Rabb Two Kentucky farmers and a relative have been indicted for falsifying crop damage and exaggerating the size of their fields...
UPC Reports $173M Loss for Q3, Begins Personal Lines Non-Renewals Jan. 1 November 14, 2022 By William Rabb The parent company of United Property & Casualty Co., already working to close up shop in Florida and other states...
With Another Fla. Hurricane Coming, Signs Pointing to Bigger Spike in Reinsurance Rates November 8, 2022 By William Rabb One of the largest providers of reinsurance for Florida carriers is predicting major increases in rates next year, a move...
Requiring Citizens’ Policyholders to Also Buy Flood Insurance Could Address a Boatload of Problems November 7, 2022 By William Rabb Problem: Less than 20% of Floridians in vulnerable areas carry flood insurance. Uninsured flood losses from Hurricane Ian are projected...