From attorneys’ fees to water damage to reimbursement limits in no-fault auto insurance, Florida appeals courts have sided with insurers in several cases in recent days. Here’s a look: Attorney Fees and Another ‘Ambiguous’ Settlement Offer Attorney fees and the …
Many in the insurance industry may think of the Federal Home Loan Bank as an agency that facilitates affordable mortgages for homes. The system, founded in the waning days of the Herbert Hoover administration to support community investment, is that. …
Things are moving fast in Florida’s distressed property insurance market. Just days after St. Johns Insurance Co. announced it would stop writing new homeowner business in Florida, the Demotech rating agency withdrew the carrier’s financial stability rating on Thursday, due …
In a case that went all the way to the federal appeals court level, a panel of judges has found that GEICO General Insurance adequately investigated a Florida claim after an insured motorist killed a cyclist, and did not act …
Two bills that many in the insurance industry hope will solve some of Florida’s worsening property insurance problems moved a step closer to becoming law Wednesday when they passed a key Senate subcommittee. The Senate Appropriations Committee’s Subcommittee on Agriculture, …
Two more property insurers, including one of the largest insurers in Florida, have stopped writing new policies in the state, marking the fifth and sixth carriers this year to pull back from the turbulent Florida waters. “At this time, St. …
Although the election is still months away, the race for Georgia insurance commissioner already is a campaign of firsts — and some strong rhetoric aimed at insurance companies and regulators. Janice Laws Robinson, an insurance broker who in 2018 came …
The Florida property insurance market is showing more signs of trouble, with one of the state’s largest carriers deciding to stop writing new homeowner business in the state – while also asking for a rate increase on some policies. United …
If homeowners’ insurance carriers weren’t facing enough issues this year, here’s one more to think about: A Miami company is now offering cryptocurrency-based mortgages. Some insurance representatives are cautiously optimistic about the idea, but a few are wondering what a …
It came later than some had expected, but Florida’s Senate Banking and Insurance Committee on Wednesday passed a much-anticipated bill that aims to close gaps left by last year’s insurance reform legislation. Senate Bill 1728, sponsored by committee Chairman Sen. …
