Category: Insurance Regulatory News

Huge federal contractor failed to pay Florida workers $100 million in wages, union says

Apr 23, 2018

The complaint brought by the Communications Workers of America alleges that General Dynamics Information Technology misclassified employees at call centers in Kentucky, Florida, Arizona and Texas to suppress their wages.  Danielle Paquette reports for the Washington Post.

Mississippi Governor Signs Bill to Shift Wind Pool Fees to the Treasury

Apr 23, 2018

Under SB 2467, which Bryant signed April 13, a 3 percent surcharge currently added to the cost of specialized “surplus lines” policies would be redirected from the Mississippi Windstorm Underwriting Association to the State’s Treasury, Insurance Journal reports.

Has insurance agent’s typo cost Harvey victim an insurance payout?

Apr 23, 2018

While the remains of her store were being appraised by a TWIA adjuster, the policyholder discovered that her agent had accidentally listed the wrong street address number for her property, Lyle Adriano reports for Insurance Business Magazine.

Multimillion-dollar Florida tobacco verdict upheld

Apr 20, 2018

A divided state appeals court this week upheld a nearly $6.4 million verdict in a case filed against cigarette-maker Philip Morris USA by the widow of a Jacksonville man who died of smoking-related illnesses.  THE NEWS SERVICE OF FLORIDA reports …