Backstop hesitancy on Capitol Hill
During the height of the initial pandemic last year, there was serious talk about what role the insurance industry could and should play in providing protection in future pandemics, especially for business interruption. Part of …
Latest Florida case to fail
One of the prominent business interruption coverage lawsuits from the pandemic that we’ve been watching here in Florida has ended in dismissal – again for “lack of physical damage,” as required in the insurance policy. …
Answers and Advice
While some businesses have filed business interruption (BI) insurance claims and lawsuits, Congress and a few individual states are trying to craft a variety of broader solutions. I recently talked with two experts – one an insurance …
April 15, 2020, WJHG-TV, Panama City – “And it is a way for Congress to recognize that there was a specific exclusion in a lot of these policies and that maybe congress needs to step in and, the expression is …
April 14, 2020, WJXT-TV News 4 Jacksonville – “Even though you have language that clearly excludes it, file your claim. There’s a 39-page proposed bill sitting in Congress right now that would set up a federal fund to pay these …
April 1, 2020, WJHG-TV – “Lisa Miller, CEO of Lisa Miller & Associates and former Florida Deputy Insurance Commissioner, said, “Business interruption covers major businesses interrupted for example when your freezer goes out when the hurricane hits. There’s no way …
Plus, potential rules on use of insurance drones
A memo from the Florida Office of Insurance Regulation (OIR) touts the benefits of recombining all insurance regulation under one agency, experts discuss the impact of tariffs on the insurance landscape, and …
September 30, 2024, Insurance Journal – “This is a manageable event for Florida’s property insurance industry,” former Florida deputy insurance commissioner Lisa Miller told Fox 13 TV news. (Original story location: https://www.insurancejournal.com/news/southeast/2024/09/30/794914.htm)
Estimates of insured losses from Hurricane Helene …
September 30, 2024, Insurance Journal – “This is a manageable event for Florida’s property insurance industry,” former Florida deputy insurance commissioner Lisa Miller told Fox 13 TV news. (Original story location: https://www.insurancejournal.com/news/southeast/2024/09/30/794914.htm)
Estimates of insured losses from Hurricane Helene …
Plus giant land snails and a Florida tsunami
News of a strange tsunami that snuck up on Clearwater Beach late last month, the latest risks facing the construction and engineering sectors as construction accelerates, plus another quarantine is in effect …