New Weed Products and Firms Mean Concerns, Opportunities for Underwriters October 27, 2022 By William Rabb The legalized cannabis industry is rapidly evolving, with new, chemically concocted variants popping up almost monthly. On top of that,...
Sentence Upheld for Tenn. Trial Lawyer Who Said Football Brain Injuries Led to Misdeeds October 25, 2022 By William Rabb A Memphis plaintiffs’ attorney who made his living suing auto insurance carriers must spend two-and-a-half years behind bars for forging...
Few Insurers Offer Input on Future of the Federal Home Loan Bank System October 24, 2022 By William Rabb Very few insurance companies showed up this month to talk about the future of the much-debated, 90-year-old Federal Home Loan...
Crist’s Claim of Cutting Insurance Rates ‘Mostly True,’ Politifact Says October 21, 2022 By William Rabb A fact-checking publication known for its thorough examination of claims made by politicians has deemed Charlie Crist’s statement that he...
Florida CFO Calls for Ban on Assignments of Benefits, Limits on Public Adjusters October 20, 2022 By William Rabb In the wake of Hurricane Ian, Florida’s chief financial officer has taken a hard line on insurance claims litigation, calling...
Farm Bureau Must Defend Insured in Deadly Legionnaires’ Disease Outbreak in Carolina October 19, 2022 By William Rabb What started out as festive time at the North Carolina Mountain State Fair in 2019 ended with 96 people hospitalized...
Requiring Citizens’ Policyholders to Also Buy Flood Insurance Could Address Problems October 19, 2022 By William Rabb Problem: Less than 20% of Floridians in vulnerable areas carry flood insurance. Uninsured flood losses from Hurricane Ian are projected...
Florida Building Codes Made a Big Difference for Newer Homes in Ian, Reports Show October 17, 2022 By William Rabb In the hardest-hit parts of southwest Florida, many newer structures survived remarkably intact in Hurricane Ian’s winds, suggesting that updated...
Will Hurricane Ian Consume Florida’s Catastrophe Fund, Forcing More Back-Breaking Reinsurance Next Year? October 17, 2022 By William Rabb While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated...
Judge Dismisses Florida Racketeering Lawsuit Against United P&C October 14, 2022 By William Rabb A federal judge has dismissed a lawsuit against United Property & Casualty Insurance Co. and its adjusters, a closely watched...