Update: Florida Bill to End AOBs in Windshield Repair Inches Closer to Finish Line March 15, 2023 By ¾ÅÉ« Staff Reports Auto insurance and tort-reform groups are keeping their fingers crossed after a second Florida House subcommittee approved a bill that...
Credit Outlook for Allstate’s Florida Unit is Negative, Reflects Deteriorated Surplus March 14, 2023 By ¾ÅÉ« Staff Reports The AM Best financial rating firm’s tepid outlook for Allstate’s Florida subsidiaries, Castle Key Insurance Co. and Castle Key Indemnity...
Former Florida Insurance Commissioner Named to BOD for Aspen Insurance March 9, 2023 By ¾ÅÉ« Staff Reports David Altmaier has moved from overseeing regulation of insurance companies to overseeing operations for one – the Bermuda-based reinsurer Aspen...
Florida’s Reform Bill Means New Deadlines for Insurers, Insureds, Starting This Week March 3, 2023 By ¾ÅÉ« Staff Reports Senate Bill 2A, enacted into law in December, gave Florida property insurers some major relief on litigation costs. But it...
Georgia House Votes to Raise Workers’ Comp Benefits, Still Lower than Other States March 2, 2023 By ¾ÅÉ« Staff Reports The Georgia House of Representatives voted this week to raise the maximum workers’ compensation benefit amounts and to increase the...
Alabama Insurance Agent Charged with $600,000 in Fraud, Elder Exploitation March 1, 2023 By ¾ÅÉ« Staff Reports Authorities have charged an Alabama insurance agent, who formerly worked for Alfa Insurance, with more than $600,000 in fraud, theft...
Georgia Bill Would End Direct Action Suits Against Insurers in Truck Accidents February 28, 2023 By ¾ÅÉ« Staff Reports Truck insurers would be able to avoid being named as defendants in lawsuits filed after trucking accidents under a bill...
Florida Speaker Says Tort-Reform Bill May See Changes Before It’s Approved February 28, 2023 By ¾ÅÉ« Staff Reports A Florida tort-reform bill that picks up where previous insurance-market rescue bills left off has passed its first milestone and...
Florida’s Notice-of-Intent Trips Up Medicare Recovery Firm in Suits Versus Insurers February 24, 2023 By ¾ÅÉ« Staff Reports A law firm that has made a multibillion-dollar business out of suing auto and liability insurers for Medicare reimbursement payments...
Brothers in Fraud: Carolina Insurance Agents Plead Guilty to Ponzi Scheme Charges February 9, 2023 By ¾ÅÉ« Staff Reports Two brothers, longtime insurance agents in Whiteville, North Carolina, are on their way to several years in prison after pleading...