Reinsurers are increasingly reconsidering their business in natural disaster-prone locations including California and Florida as losses mount, according to Moody’s Investors Service. Climate change has
An Office of Insurance Regulation report on property-market stability found the lowest single-family costs in Sumter ($1,533) and the highest in Monroe ($7,162). TALLAHASSEE, Fla.
A roofer has been arrested after allegedly forging a Villager’s signature on a document. Christopher Lee Culig, 36, of Deland, was arrested Wednesday by Sumter
Property insurance reforms passed in Florida last month will help stabilize the state’s difficult market for insurance buyers, but more changes are needed, say insurance
A law firm that was called into a federal judge’s courtroom to explain why there were so many errors in the hurricane lawsuits it filed
Florida officials have taken strong action against two of the insurance industry’s most-detested adversaries, disbarring a notorious plaintiffs’ attorney who filed thousands of frivolous claims
A recently passed Florida law to establish a $1 billion state-backed fund for property insurers highlights the nation’s sprawling insurance insolvency crisis as more regional carriers run
Democrats call the reform a bailout for insurers that will raise homeowner premiums. The truth is that it fixes a legal racket that allowed windfalls
Between 2017 and 2022, 11 property and casualty insurers writing mainly homeowners insurance in Florida, where they were domiciled, were declared insolvent and placed in liquidation. This does
TALLAHASSEE — Florida lawmakers last week made changes that will provide “much needed relief” in the troubled property-insurance system, but effects of the legislation won’t
