The Florida Senate’s Banking and Insurance Committee on Tuesday approved a bill that would make the state-backed Citizens Property Insurance Corp. more like an insurer of last resort, unrestricted by premium caps – at least for some expensive homes in …
Two court rulings in Southeastern states have underscored insurers’ responsibilities under uninsured motorist laws. In a Mississippi class-action lawsuit, the U.S. 5th Circuit Court of Appeals found that Allstate Property & Casualty Insurance Co. had not violated state law by …
Starke Agency, an insurance brokerage in Montgomery, Alabama, has acquired University Insurance Agency in Auburn, one of the oldest brokers in the city. The terms of the deal were not disclosed. Starke said in a news release that it further …
(Reuters) – The U.S. Supreme Court on Friday agreed to hear a challenge by Starbucks to a judicial decision that required the coffee chain to rehire seven employees at one of its cafes in Memphis, Tennessee who a federal agency …
FORT LAUDERDALE Fla. (AP) — The National Transportation Safety Board said Saturday it will investigate two crashes involving Florida’s Brightline train that killed three people at the same railroad crossing on the high speed train’s route between Miami and Orlando. …
CHARLESTON, W.Va. (AP) — A former finance manager of a nonprofit organization that assists West Virginia disaster victims was sentenced Thursday to more than three years in prison for the theft of $871,000 from the group. Benjamin Cisco, 31, of …
Alabama authorities last week charged a city councilman with insurance fraud, alleging that he falsely claimed he had purchased a BMW vehicle. Derrick Griffin, a councilman in Prichard, next to Mobile, was indicted by a grand jury in December. He …
Stakeholders have continued to react to a recent Florida Office of Insurance Regulation report on the property insurance market, a report that underscored the impact that excessive claims litigation had on insurers but which also noted that some key data …
As sea levels rise in coming years, younger people will move inland, while aging populations will be stuck with the growing risk in coastal areas, a Florida State University professor and researchers have concluded. “Older populations are the least likely …
Alliant Insurance Services has named Burney Hutchinson, of Jackson, Mississippi, vice president for its Americas Division. Hutchinson, who will design property and casualty insurance programs, has extensive experience in the industry, including commercial coverage for large accounts in the Southeast, …
