Southeast News

Cerebral Inc. to Pay $7M for Data Exposure, Non-Cancels on Counseling Subscriptions

Cerebral Inc., a major U.S. provider of telemedicine mental health services, will likely have to pay $7 million in penalties and refunds to clients as part of a settlement with the Federal Trade Commission. The firm exposed the personal information …

CRC Moves InsureTrust Cyber Broker to Wholesale Division

Alabama-based CRC Group, a wholesale and specialty distributor and part of Truist Insurance Holdings, has shuffled its deck a bit, moving InsureTrust, a cyber coverage broker, from Starwind Specialty. Starwind was formed in 2021 with the combination of CRC Group’s …

King Acquires Dave Alton Agency in North Carolina

King Insurance Partners, considered one of the fastest-growing U.S. brokerages, has added another producer to its lineup: The Dave Alton Agency, with offices in Greenville, Plymouth and Washington, North Carolina. The Alton agency, in business for two decades, offers homeowners, …

Former MLB Player, 3 Others Charged with Staging Auto Accident in Miami

Four people, including a Cuban-born former Major League Baseball player who earned more than $15 million in his playing career, have been charged with staging an auto accident and defrauding an insurance carrier. Yuniesky Betancourt, 42, who played nine seasons …

Supplemental Claims Don’t Need to Include Damage Estimates, Fed Appeals Court Says

A federal appeals court has, at least for now, put an end to lingering questions about some property insurance claims litigation: The insured does not need to submit a competing damage estimate when filing a supplemental claim if the policy …

Georgia Bill Requiring Boat Livery Insurance Waiting on Governor’s Signature

Boat operators, not properly insured boat rental places, will soon be held liable for injuries or damages caused by negligent operation of water craft if Georgia Gov. Brian Kemp signs a bill into law. House Bill 994 was approved by …

Coral Gables, Florida Tops Beverly Hills as Ritziest Home Market in US

Floridians with homes in the ritziest neighborhoods that include Coral Gables and Naples are experiencing the nation’s biggest increases in real estate wealth as markets in the Sunshine State supplant those in California and New York at the top. In …

Harvard Study Again Stirs the Pot on Demotech Ratings of Florida Carriers

A study by researchers from Harvard and Columbia universities and at the Federal Reserve has reopened the debate about the financial fortitude and the financial rating system for dozens of Florida property insurance companies. The president of Demotech, the firm …

Storms Bring Floods and Damaging Wind Across the South

SLIDELL, La. (AP) — Severe storms blamed for a death in Mississippi spawned a tornado that demolished buildings in one Louisiana city Wednesday while inundating streets in low-lying New Orleans with hours of steady rain that snarled traffic and strained …

DeSantis Signs Bill Barring Local Worker Heat Protection Measures

Florida Gov. Ron DeSantis this week signed into law a prohibition on local governments requiring worker protections from heat exposure, a law that could potentially lead to more workers’ compensation claims from stricken laborers. At the same time, the state …

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