Senate President Ben Albritton has made it clear that he expects there will be no major property insurance law changes from this legislative session. He said so just a few hours before the House passed a bill last week creating new oversight requirements on …
The recent cold snap may have cost Florida farmers up to $1.5 billion, surplus lines insurance companies report declining premiums, Citizens Property Insurance is returning to being the insurer of last resort, plus a needed examination of questionable engineering damage reports in insurance claims lawsuits. It’s all …
A recent Florida court decision in a State Farm Insurance case may prove to be very important within the automobile insurance landscape, as a judge has ruled that a medical provider’s use of Letters of Protection should not prevent an insurance company’s payment of a patient’s Personal Injury Protection (PIP) …
A Hurricane Ian trailer stealer is headed to prison, a genetic testing lab owner pleads guilty to $52 million in Medicare fraud, a former employee of the Florida Department of Financial Services is arrested in a $1.7 million claims fraud probe, plus how to take advantage of …
There is much talk about the use of artificial intelligence (AI) in the insurance industry, including by members of the Florida Legislature this session. A recent CEO Outlook report by KPMG shows that insurance CEOs would like to take AI implementation much further. Survey responses from 110 …
