New bills would limit WYO fees
With its temporary reauthorization due to expire next month, new bipartisan legislation filed in both the U.S. House and Senate would extend FEMA’s National Flood Insurance Program (NFIP) for another five years, under a …
Annual rate decrease approved
As the special legislative session gets underway today in Tallahassee on federal vaccine and mask mandates on COVID-19, the National Council on Compensation Insurance (NCCI) has withdrawn its request to start a catastrophe fund in Florida …
Would cover future pandemics & catastrophes
The possibility that the current pandemic may not be an infrequent event has the workers’ compensation insurance industry proposing a new multi-million dollar catastrophe fund that businesses would pay into through a special annual …
From the courts to the parks
While COVID-19 shut down business and other activities, it didn’t slow the growth of lawsuits in Florida, with clerks reporting a huge influx of new cases and a growing million case backlog, as most …
Restaurant appealing summer decision
A Florida restaurant’s unsuccessful business interruption (BI) insurance claim that’s been referenced in COVID-related claims lawsuits is now being appealed to the U.S. Supreme Court. And although the restaurant’s case has nothing to do with the …
Policy Reductions
More than one-third of Americans eliminated one insurance policy in 2020, but those out of work because of COVID-19 were much more likely to shed coverage. The news comes as workers’ compensation insurance cases related to the pandemic …
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. …
Insurance, lawsuit protection
The winners of the November 3 election, save for a couple handfuls who tested positive for the coronavirus and were excused, were sworn into office during the Florida Legislature’s organizational session on November 17. The virus, of …
Workers’ Comp rates declining again
As the number of coronavirus cases has grown in Florida, so too has the number of workers’ compensation insurance claims from those who say they’ve been infected. A new report shows that nearly 12,000 COVID-19 …
Insurance companies prevailing
Two significant business interruption (BI) insurance claim cases here in Florida – one which builds on the other – were recently decided in favor of the insurance companies. Together, they’re expected to make it significantly difficult to …