Southeast News

Murdaugh Sentenced to 40 Years for Stealing Insurance, Other Funds from Clients, Firm

CHARLESTON, S.C. (AP) — For maybe the last time, Alex Murdaugh, in a prison jumpsuit instead of the suit he used to wear, shuffled into a courtroom Monday in South Carolina and was sentenced to 40 years in federal prison. …

Georgia’s Latest Effort on Plaintiff Demands Aims to Deter Bad-Faith Claims

Georgia lawmakers have approved two bills that could have a significant impact on windstorm and bad-faith claim losses for property insurers. First, the bad-faith reform legislation. Auto insurers have for years fought for changes to Georgia’s auto claims-handling statutes, after …

Florida Supreme Court Lets Recreational Marijuana Stay on November Ballot

U.S.-listed shares of pot producers rose premarket on Tuesday after the Florida Supreme Court on Monday allowed voters to decide on the fate of recreational use of marijuana in the state through a referendum on the November ballot. If voters …

From NFP to Alliant: Pestana to Head Real Estate Section, Based in Charlotte

Alliant Insurance Services, a national distributor, has named Gary Pestana managing director of Alliant Specialty, in the firm’s real estate and hospitality area. He will be based in Charlotte, North Carolina. Pestana has more than 30 years’ experience in risk …

NC Body Shop Owner Charged With Using Used Parts, Billing for New

A North Carolina body shop owner has been charged with fraud in connection with the use of used auto parts, instead of new parts that the insurer had paid for. The state Insurance Commissioner’s office said in a bulletin that …

AJG Acquires Florida’s Specialty Risk Management Agency

The global insurance brokerage Arthur J. Gallagher has acquired Fort Myers-based Specialty Risk Management Services and its affiliate agency, Private Client Insurance Services, the broker announced Monday. Specialty Risk provides commercial property insurance services in Florida, including workers’ compensation, auto, …

NICB Praises Florida’s New Law on Predatory Tow Truck Practices

The National Insurance Crime Bureau is hailing a new Florida law that aims to deter predatory tow-truck practices and limit the fees that tow companies can charge. House Bill 179 was signed by the governor in March and it will …

Student from China Sentenced in Arson of Alabama Church in 2021

MONTGOMERY, Ala. (AP) — A 30-year-old woman in the U.S. on a student visa has been sentenced to more than eight years in prison for setting fire to First Baptist Church in Montgomery in 2021, federal prosecutors said Monday. Xiaoqin …

Kentucky Senate Votes to Expand Family Leave as Insurance Product

FRANKFORT, Ky. (AP) — A bipartisan bill aimed at expanding access to paid family leave won final passage Thursday as Kentucky’s legislature shifted into overdrive before a two-week break. The Senate voted 36-0 to send the family leave legislation to …

US Home Insurance Premiums May Hit a Record This Year, Report Warns

US home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new analysis. The average premium for homeowners insurance in the US is …

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