Southeast News

Severe Weather Spawns Tornado, Damage and One Death in South, Midwest

Thousands of homes and businesses were without power Tuesday as severe weather roared through several states, causing at least one death and spawning possible tornadoes. Parts of Ohio, Pennsylvania, Kentucky, Mississippi, Alabama, Tennessee, West Virginia, Virginia and Georgia were under …

A New Approach: Florida Agents Association Makes Big Investment in Startup Insurer

The Florida Association of Insurance Agents, the largest agent group in the state, has taken the unprecedented step of investing in a startup insurance carrier, a move designed to help keep agents in the game and bring more capacity to …

Palm Beach Elite Are Raising Money to Lure Vanderbilt to Florida

Wealthy Florida residents and developers are looking to raise at least $300 million for Vanderbilt University to build a sprawling campus in West Palm Beach. Billionaire developer Steve Ross hosted a reception at his Palm Beach mansion on Monday for …

PCF Insurance Acquires Alabama’s MK Insurance Agency

PCF Insurance Services, a brokerage operating in 40 states, has acquired Hoover, Alabama-based MK Insurance Group, a family owned commercial and personal lines agency in business for six decades. MK Insurance has specialized in insurance coverage for high net-worth individuals, …

Migrants Flown to Martha’s Vineyard by DeSantis Can Sue Charter Flight Company

BOSTON (AP) β€” Lawyers representing migrants flown to Martha’s Vineyard nearly two years ago by Florida Gov. Ron DeSantis can sue the charter flight company that transported them, according to a ruling Monday by a federal judge in Boston. The …

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

CHARLESTON, S.C. (AP) β€” 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 …

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