It’s not just Fortune 500 companies or the big banks looking for terrorism coverage, and it’s not just larger events that are motivating firms today to get terrorism insurance. Insurance Business Magazine reports....
Category: Insurance Regulatory News
Demotech has prepared an extended commentary regarding the Florida property marketplace along with the rating status for each of these companies. For the full update, click here....
Governor signs bill allowing worker’s compensation to cover PTSD for Florida first responders
Governor Rick Scott signed a bill that extends workers’ compensation benefits for first responders being treated for post-traumatic stress disorder. The law also requires agencies to provide education training related to...
Governor Rick Scott approved a new state budget that includes more than $52 million to pay homeowners in Broward and Palm Beach counties whose trees were removed. The Associated Press reports....
Uber goes to Supreme Court in records dispute
A subsidiary of Uber Technologies is disputing a court ruling that it disclose certain information not considered to be a trade secret, such as numbers of pickups and money paid to Broward County as a usage fee. THE NEWS...
Lake Okeechobee reservoir plan submitted to Army Corps of Engineers
Both of Florida’s U.S. senators and 14 Congress members signed a letter asking the head of the Corps to “coordinate an expedited review of the proposal” so the project can be added to federal water projects...
California Insurance Commissioner Dave Jones exceeded his statutory authority by considering the investment income of separate State Farm affiliates when he ordered State Farm General Insurance Co. to roll back its homeowners...
According to analysis published by the National League of Cities in 2017, “Preemption, or the use of state law to nullify a municipal ordinance or authority, has proliferate in recent years, particularly in economic...
The transaction will feature four ceding companies which are all subsidiaries of United Insurance Holdings, sources told Artemis....
Florida Supreme Court to decide if a car can be a weapon
Under state law, the use of a weapon bumped up the manslaughter charge from a second-degree felony to a first-degree felony, carrying a longer prison sentence. ...