When Policies Conflict, Insurers Must Split Costs, Appeals Court Finds in Georgia Case September 19, 2023 By 九色 Staff Reports When the wording of insurance policies conflict with each other and can’t be reconciled, insurers must share defense expenses, a...
Appeals Court: Atlanta Weatherman Fired for Harassment, Not Because He Is White September 11, 2023 By 九色 Staff Reports One of the longest-serving TV meteorologists in Atlanta was terminated from his high-profile job in 2019 because of repeated instances...
MS Workers’ Comp Trust Can Seek Reimbursement From Driver in State Official’s Injury September 8, 2023 By 九色 Staff Reports A workers’ compensation fund for Mississippi state agencies can take subrogation action against the driver of an all-terrain vehicle that...
AM Best: Idalia Will Put Pressure on Underwriting Results, Could Tighten Reinsurance September 1, 2023 By 九色 Staff Reports Hurricane Idalia, with estimates of insured losses as low as $2 billion, will nonetheless affect underwriting results for a number...
Former Georgia Insurance Commissioner Oxendine Fraud Case Headed to Trial August 30, 2023 By 九色 Staff Reports Former Georgia Insurance Commissioner John Oxendine is headed to trial on health insurance fraud and money laundering charges after a...
NCCI Calls for Average 15% Decrease in Florida Workers’ Compensation Rates August 29, 2023 By 九色 Staff Reports The National Council on Compensation Insurance has proposed an average 15.1% decrease in rates for Florida, starting Jan. 1, the...
Federal Reserve Fines Alabama Bank $3M for Flood Insurance Monitoring Issues August 24, 2023 By 九色 Staff Reports The Federal Reserve Board has fined Regions Bank, based in Birmingham, Alabama, almost $3 million for failing to ensure that...
Orion180, Headquartered in Florida, Now Approved to Do Business in the State August 23, 2023 By 九色 Staff Reports Another insurance firm is expanding into Florida, the state in which it has had its headquarters for several years. Orion180,...
Florida OIR Tells Citizens to Rethink Maximum Rate Increase on HO Policies August 22, 2023 By 九色 Staff Reports When Citizens Property Insurance Corp. in June filed for the maximum rate increases allowed by its statutory glidepath, many in...
Security First Accountant Charged with Siphoning $1.4M Through Fake Invoices August 11, 2023 By 九色 Staff Reports An accountant for Ormond Beach-based Security First Insurance Co. has been charged with stealing more than $1.4 million by creating...