Regulation/Legislation

"The people who need help the most that are going to be the most hurt," said Miami litigator Oliver Birman, describing the consequences of a tort reform measure enacted in March.

The business owners are also accused of failing to file a workers' comp claim following an employee injury.

Recent legislation will not magically bring insurance companies back to the market overnight, but it can bring short-term relief and long-term stability.

In addition, SafePoint Insurance and an affiliate are taking on nearly 20K policies from Louisiana Citizens Insurance.

The United States Farm Bill is up for renewal at the end of 2023.

The legislation adopts a national model for insurer cybersecurity mandating that insurance entities implement new cybersecurity protections to better safeguard nonpublic information from nefarious threat actors.