By William Rabb When Tampa-based Slide Insurance registered for an initial public stock offering in May, one page of the filing quickly had people talking in the Florida insurance industry. On page 132 of the filing with the U.S. Securities …
A North Carolina insurance agency cannot escape a lawsuit brought by a homeowner whose claim was denied because key elements of the property were not mentioned in the coverage application. In a case that began almost a decade ago and …
After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report posted in late May. The firm …
After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says Read More »
South Carolina’s governor has signed a liquor liability and tort-reform bill into law, but some lawmakers said broader changes to the state’s legal system are needed. Senate Majority Leader Shane Massey, who helped push through a compromise dram shop bill …
SC Governor Celebrates Dram Shop-Tort Limits Law But Some Want Another Sip of Reform Read More »
By Audrey McAvoy Hawaii’s governor signed legislation that boosts a tax imposed on hotel room and vacation rental stays in order to raise money to address eroding shorelines, wildfires and other consequences of climate change. The signing, which comes nearly …
Hawaii Governor Signs Hotel Tax Bill to Help With Climate Change Through Mitigation Read More »
A former Westminster, California, police officer and her stepfather were charged in a large-scale workers’ compensation fraud case after an investigation revealed the officer collected more than $600,000 in disability payments while reportedly engaging in physically strenuous activities. Nicole Brown, …
D.A. Says Former California Police Officer on Workers’ Comp Went to Festival, Skied Read More »
Joint law enforcement operations in Bakersfield, Oakland, and San Bernardino have made 6,727 arrests, recovered 4,842 stolen vehicles and confiscated 313 dangerous firearms, according to an announcement from Gov. Gavin Newsom’s office. The ongoing joint law enforcement operations took place …
California Joint Law Enforcement Efforts Lead to 4,800 Stolen Vehicles Recovered Read More »
The Oregon Occupational Safety and Health Division fined Hillsboro-based Renner Trucking and Excavating Inc. $80,804 for repeatedly violating rules intended to protect workers from trenches caving in. Oregon OSHA issued a citation to the company on May 12 following an …
Oregon OSHA Fines Contractor for Repeatedly Violating Excavation Safety Rules Read More »
Massachusetts Insurance Commissioner Michael Caljouw has rejected an industry proposal to raise workers’ compensation rates by 7.1%. As a result, existing rates, which reflect a 14.6% decrease ordered last July, will remain in effect for policies on and after July …
Massachusetts Denies 7.1% Workers’ Comp Rate Hike After 2024 ‘Excessive’ Cut Read More »
Connecticut lawmakers last month moved to plug what could have been a very costly loophole in workers’ compensation benefits that was created by a state Supreme Court decision in March. The lawmakers effectively invalidated the high court ruling that altered …
Connecticut Closes Costly Workers’ Comp Loophole Opened by Court Read More »
