Editor's Picks News KBRA Says Florida Insurers Will Weather Helene and Milton; Cat Fund Can Handle Payouts November 4, 2024 Florida’s Hurricane Catastrophe Fund, a state-created layer of reinsurance, expects to pay out about $4.6 billion to help cover insurers’... Read More
Editor's Picks News Insurer Not Liable if Bank Improperly Cashes Insurance Check, Appeals Court Finds November 4, 2024 Insurance carriers are not responsible if a bank improperly cashes a check made out to two insureds and gives the... Read More
Editor's Picks News Tennessee Eyes Claims Denials, Florida Offers to Check Contracts with Adjusters in Wake of Hurricanes October 31, 2024 Officials in two Southeastern states have taken steps to hold insurers or recipients of insurance funds accountable after Hurricanes Helene... Read More
Editor's Picks News Universal, AmCoastal Report Some Costs from Helene, Milton for Q3 October 28, 2024 One of Florida’s largest property insurers and one of its smaller carriers reported losses at least partly related to Hurricane... Read More
Editor's Picks News Florida’s Heritage Insurance Reports 5,400 Claims, $57M in Cat Losses From Milton October 24, 2024 More loss and claims estimates are trickling in from carriers after Hurricane Milton caused widespread wind and flood damage in... Read More
Editor's Picks News Appeals Court Says Experts Must Show Causal Relationship in BP Oil Workers’ Suits October 23, 2024 A federal appeals court has underscored the high bar that expert witnesses must meet before a court can connect the... Read More
Editor's Picks News People’s Trust Managed Repair Clause Survives Another Florida Legal Challenge October 22, 2024 After at least three appeals court decisions in the last four years, homeowner lawsuits that take issue with a Florida... Read More
Editor's Picks News Milton’s 152,180 Claims So Far to Mean New Pressure on Reinsurance, Rate Hikes October 16, 2024 Property Insurance claims from Hurricane Milton had topped more than 152,180 by Monday, with some $1.9 billion in estimated insured... Read More
News Florida CFO Bars Insurers From Altering Adjusters’ Reports Without Explanation October 11, 2024 Almost two years after a group of independent claims adjusters alleged that insurers had deceptively altered their damage estimates and... Read More
Editor's Picks News With Back-to-Back Storms, Florida Now Facing Delays in Claims Adjusting October 10, 2024 With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on... Read More