CHARLESTON, W.Va. (AP) — A second lawsuit that alleged widespread sexual, physical and mental abuse at a now-closed West Virginia boarding school for troubled youths has been settled for about $50 million, to be paid by insurance carriers. Attorneys for …
Residents of Southeastern states like Florida will be looking ahead to the heart of hurricane season with trepidation. With climate change bringing storms that are wetter, slower and more prone to intensifying rapidly, insurers are struggling to assess risk and …
Citizens Property Insurance Corp., Florida’s residual but still-largest property insurer, has posted new information about when and where flood insurance is required for policyholders. The Florida Legislature last year approved Senate Bill 2A, making big changes to laws governing claims …
Florida authorities this week charged a south Florida contractor with underreporting his payroll by almost $6 million, cheating his workers’ compensation insurer out of more than $350,000 in premiums. Miguel Porras, principal at Thiago’s Enterprise Construction, of Pembroke Pines, was …
The Federal Reserve Board has fined Regions Bank, based in Birmingham, Alabama, almost $3 million for failing to ensure that borrowers maintained flood insurance on their properties. The board did not detail the violations, but a consent order signed this …
Local and federal officials have agreed to a plan to study new ways to protect much of Miami from rising seas and storm surge in the decades ahead, measures that could include dune reinforcements, extensive mangroves and barrier gates at …
SBK Insurance, a subsidiary of Tennessee-based SmartBank, said Drew Vaughn has joined the Chattanooga team as risk manager. Vaughn is a 2020 graduate of the University of Tennessee, where he earned his bachelor’s degree in business administration and supply chain …
A Black FedEx delivery driver who says two white men shot at and chased him in Mississippi in 2022 has now been fired from his job, he and his attorney said Monday. “I honestly feel disrespected,” the former driver, D’Monterrio …
A North Carolina mansion owned by NFL player Caleb Farley exploded Monday night, killing his father and injuring another person. Authorities said the home in Mooresville, near Charlotte, was completely demolished by the blast, which may have resulted from a …
Another insurance firm is expanding into Florida, the state in which it has had its headquarters for several years. Orion180, founded in 2016, with corporate offices in Melbourne, Florida, has been approved by state regulators as a property and casualty …
