According to global insurance and reinsurance broking group Howden, risk-adjusted global property-catastrophe reinsurance rates-on-line decreased by 8% on average at the January 1st, 2025, reinsurance
A Florida court of appeals ruled last week that a “direction to pay” (DTP) by a policyholder does not, by itself, represent an “assignment of
ST. PETERSBURG, Fla. — Fraud and scams are costing Floridians big bucks. According to the Federal Trade Commission, there were more than 358,000 reports in Florida
Hurricane Ian stole a Charlotte County woman’s home. Now, a contractor is accused of stealing her money. Deputies in the Economic Crimes Bureau at the
Over the past several years, companies and their insurers have grown increasingly concerned about the costs of out-sized settlements and jury verdicts. This comes at
Letter to the editor TALLAHASSEE, Fla. – For decades, Florida’s lawsuit abuse problem was out of control. And if you’re reading this, you may be
David Arick hopes Republican leadership in Congress and White House will unveil financiers backing big lawsuits Corporate risk managers in recent years have increasingly complained
Lisa Cooper first contacted the NBC2 Investigators this summer after having problems with the company she hired to replace her roof, which was ruined by
TALLAHASSEE, Fla.—Florida Insurance Commissioner Mike Yaworsky highlights a year of achievements by the Florida Office of Insurance Regulation (OIR). This year, significant progress has been
WASHINGTON, Dec. 10, 2024 (GLOBE NEWSWIRE) — Today, the American Tort Reform Foundation released its 2024-2025 “Judicial Hellholes®” report, identifying and exposing the nation’s most
