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The Florida Office of Insurance Regulation has issued an emergency order and an information memorandum regarding new rules regarding claims-handling manuals for residential property insurers.
The Florida Office of Insurance Regulation recently issued a bulletin reminding insurers of parameters for requesting policies for assumption from Citizens, the insurer of last resort.
An insurer allegedly refused to pay a 2017 hurricane damage claim submitted by a Miami Lakes condo association. That move, which already has a multi-million dollar price tag, may lead to further exposure.
A question concerning just what coverage is provided when the Vacancy Permit CP 04 50 is used.
"[The insurer] should have known that an appellate court should not disturb a verdict under these circumstances," said Blake Dolman, a litigator not involved in the case.
This article explains how 100 year floods actually work.
Do gunshots that damage a building fall under the vandalism peril?
The NotPetya cyberattack disrupted multiple areas of operation for Merck across more than 60 countries.
When the insured's property sustains a fire and the runoff damages a Koi pond, is there coverage?
As the risks of wildfires continue to grow and building costs increase, insurers in California are starting to pull back from writing new property policies.