October 10, 2023
FORT LAUDERDALE, Fla. (AP) — How much is Donald Trump`s Mar-a-Lago worth? That`s been a point of contention after a New York judge ruled that the former president exaggerated the Florida property`s value when he said it`s worth at least …
October 10, 2023
ATLANTA (AP) — Georgia Power Co. will pay $413 million to settle a lawsuit accusing the utility of reneging on financial promises to one of its nuclear reactor partners. The payments to Oglethorpe Power Corp., announced Friday, could hold down …
October 10, 2023
Two areas in Florida have become hot spots for home buying and building, one of them due to higher insurance costs in the rest of the state, according to news and insurance agency reports. Ocala, in the central part of …
October 6, 2023
The second trial for former insurance mogul Greg Lindberg, accused of attempting to bribe the North Carolina insurance commissioner, could be delayed, thanks to a co-defendant’s legal representation issues. Lindberg, who created a complex web of life insurance and other …
October 6, 2023
ATLANTA (AP) — The city of Atlanta will pay $3.75 million to the family of a Nebraska man who died after police handcuffed him face down. The City Council approved the settlement Monday, The Atlanta Journal-Constitution reported, after the Fulton …
October 6, 2023
Workers’ compensation rates have shrunk to such a low level in Florida, at least for some classifications, that they are causing problems and could be masking issues that will lead to higher premiums in coming years, Florida roofing contractors said …
October 5, 2023
CRC Group, a wholesale speciality insurance distributor based in Birmingham, Alabama, part of Truist Insurance Holdings, has named three people to leadership roles. Mike Baeurle was appointed chief client officer, overseeing retail agency distribution, business development and client relationships for …
October 5, 2023
Tennessee’s comptroller wants more-frequent property appraisals to keep up with rapidly escalating home prices, a move that could have an indirect impact on property insurance limits and premiums in the state. Comptroller of the Treasury, Jason Mumpower, said he hopes …
October 5, 2023
Renaissance Alliance, a network of independent insurance agencies, has acquired another network – Agency Partners Inc. (API). With headquarters in Alma, Georgia, API has grown rapidly in the last four years to now include 54 member agencies in Georgia and …
October 5, 2023
Florida’s Office of Insurance Regulation has approved the take out of another 153,000 policies from Citizens Property Insurance Corp., the state’s price-controlled residual insurer. Almost half of the takeouts were approved for Slide Insurance, which has grown rapidly in the …