Insurance litigation increasing
As a growing number of Florida businesses reopen from the coronavirus shutdown, the number of insurance lawsuits in our federal courts are on the rise. Members of the Florida Legislature and state officials are working on a …
The sun is shining, the birds are chirping, and businesses are reopening. After taking some time to preserve ourselves and adapt to life amongst COVID-19, we have finally reached a seemingly comfortable and effective compromise.
Remote working has not left …
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 …
Data Call Coming
As we enter the second week of the partial business re-opening of Florida, virus-related insurance claims are being filed, insurance companies are fighting back in court, and the industry is making dire predictions on its future. A …
Virus and lawsuit protection
While we closely watch the two draft bills in Congress – one that would force insurance companies to pay business interruption (BI) claims regardless of whether the policy covers it and the other providing a federal …
Last week was a busy one for Governor DeSantis and the 100 or so government, business, and industry group leaders who comprise his Re-Open Florida Task Force. At week’s end, late Friday afternoon, the Governor said he and his …
A changing face for insurance?
The debate is growing hotter about whether COVID-19 related impacts, such as business slow-downs and closures, are covered under a business’s general liability or business interruption (BI) insurance policy. Businesses and an increasing number of …
Regulatory reminders, restrictions
The ongoing coronavirus pandemic has prompted additional actions and reactions that affect insurance company operations and their Florida policyholders. Here’s the latest on regulatory and other government actions impacting Florida’s insurance market.
The Florida Office of Insurance …
Cover it anyway?
As usual, every crisis has a connection to insurance. With hurricanes, the focus is primarily on property insurance, with business interruption coverage claims prevalent but not front page news. In our current situation, one can’t search “insurance …
Regulatory & economic perspective
There’s lots to catch-up on with the coronavirus and Florida from a regulatory and economic impact perspective. We have a complete roundup of the latest insurance and financial regulatory guidance as well as Florida’s take of …