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Most hurricane insurance denials in Florida not due to misconduct, regulator says
For Hurricane Milton, insurers closed 81.7% of the 343,789 total claims filed across multiple lines, including personal and commercial property, auto, private flood, and business interruption, as of February 28. Of these, 35,043 claims remained open without payment, while 27,894 were still open with payment. Source link
A GOOD OR BAD THING FOR CLIENTS?
It seems like these days you can’t read an article or listen to a story without AI being mentioned. Whether we like it or not, AI is all around us and impacts many types of industries and involved in some way, shape or form in our daily lives. So it is not surprising that AI…
Massive Florida State Farm case over alleged patient brokering scheme clears early legal hurdle
Case information Case: State Farm Mutual Automobile Insurance Company v. Spine Centers of America, Inc., et al. Court: U.S. District Court for the Middle District of Florida Case No.: 8:24-cv-1064-CEH-AEP Judge: Charlene Edwards Honeywell Date of ruling: March 21, 2025 Plaintiff: State Farm Mutual Automobile Insurance Company Defendants: Spine Centers of America, Robert Cagno, Lester Morales…
Are workplace coffee machines bad for your health?
New report reveals coffee makers have substances that can elevate LDL cholesterol Source link
TWFG explores FAIR Plan wrap options as challenges persist
Bunch also said developments in California’s property segment are tied to wildfire exposure, confidence in new catastrophe models, and reinsurance support. Filing new programs in the state remains difficult, he added, especially when competing with a state-run plan. Source link
NAIC says new RBC task force to convene at spring meeting
The ACLI has supported a transparent, data-driven approach to RBC processes, Haughawout said, adding that the task force is well-positioned to advance this effort. She also noted that the task force’s first organization call had more than 300 participants, reflecting significant interest in its work. Source link