Amendment to Florida Tort-Reform Would Grant One-Way Attorney Fees in Some Cases
A sponsor of a far-reaching Florida tort-reform bill warned last week that the measure, unlike previously adopted insurance legislation, is subject to change as it
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Florida’s new Office of Insurance Regulation Commissioner faces a daunting task
by Caden DeLisa | Mar 14, 2023 Michael Yaworsky’s recent appointment as Commissioner of the Florida Office of Insurance Regulation (OIR) has placed him at the forefront of a
Number of Central Floridians insured by Citizens Property Insurance triples as private insurers raise rates
Long before the back-to-back hurricanes and the property damage they left behind, people in Florida were grappling with insurance issues, both in availability and price.
South Florida business responds to accusations of fraud in Riviera Beach
The city of Riviera Beach is warning residents about a South Florida company now under investigation as a possible business contractor fraud. The city said
Florida Senate Committee Approves Tort-Reform Bill, but Changes Are Possible
A Florida bill that aims to further limit injury and insurance litigation and attorney fees passed a state Senate committee Tuesday after heavy debate –
Florida’s Housing Insurance Crisis Is About to Get Worse
Florida’s housing insurance crisis is about to take a turn for the worse as property insurance premiums are expected to rise significantly in the next
Hurricane Ian knocks UPC into receivership
United Property & Casualty Insurance Co. has entered receivership after Hurricane Ian leveled its balance sheet. UPC carries more than 150,000 policies in Florida and
Insurer Insolvency May Cost Agency $550M
The Florida Insurance Guaranty Association must pay United Property & Casualty’s debts, which it estimates will be somewhere around $450M to $550M. TALLAHASSEE, Fla. –
Optimism on Florida, but capital may not be quick to jump back in: ILS NYC 2023
All of the changes enacted at the latest Florida Special Session will have a positive impact on the region’s property market, but the benefits will