
Former Miami Claims Adjuster Arrested for Fraud
Florida’s Chief Financial Officer made an announcement regarding the arrest of Kiyuana Pasley, a former claim adjuster for Progressive Insurance. Pasley faces serious charges including one count of Organized Fraud, 11 counts of Insurance Fraud, and 11 counts of Grand Theft.
June 5, 2023
Fraud
Florida

10 States Sue FEMA Over Higher Flood Insurance Rates
Ten states and dozens of municipalities are suing the Biden administration over rate hikes in the National Flood Insurance Program. That program offers coverage in high-risk flood areas and is administered by FEMA, the Federal Emergency Management Agency.
June 2, 2023
Legislation & Regulation
Litigation
Property
Florida
Idaho
Kentucky
Louisiana
Mississippi

Changes Impacting Insurers Arising from Florida’s New Tort Reform Act
On March 24, 2023, Florida passed a sweeping tort reform bill into law, making major changes to civil litigation in the state. In anticipation of the Governor signing the bill into law, the number of new cases initiated throughout the state in March 2023 was 280,122. Of that amount, 71,000 came from Miami-Dade County (Miami) and 53,000 from Hillsborough County (Tampa). These numbers are staggering.
May 31, 2023
Legislation & Regulation
Litigation
Florida

New Florida Law Halts Auto Glass Claims AOB Lawsuits
In an effort to address the growing congestion of auto glass claim cases in Florida’s courtrooms and potentially provide relief to policyholders, new legislation has been enacted to significantly curtail lawsuits related to windshield repairs. SB 1002 was signed into law by Governor Ron DeSantis on Thursday, effectively banning the use of assignment of benefits (AOB) in auto glass claims with immediate effect.
May 26, 2023
Auto
Legislation & Regulation
Florida

Florida Regulators First Warned of Insurance Company Manipulations in 2021
When Rod Buvens climbed to inspect the tile roof of the Estero home in 2019, he quickly found signs of damage.
May 25, 2023
Legislation & Regulation
Florida

3M CEO Required to Participate in Earplug Lawsuit Mediation
In an unprecedented decision, a federal judge has mandated that 3M CEO Mike Roman personally participate in mediation sessions aimed at resolving the longstanding legal battle concerning the alleged defects in the company’s military earplugs.
May 23, 2023
Liability
Litigation
Florida

Hurricane Ian Victims Sue Insurer for Underpaying Damage Claim
Nearly eight months after Hurricane Ian ravaged Southwest Florida, some homeowners say their insurance company won’t pay for the full cost of repairs and they are left with no option but to sue.
May 23, 2023
Litigation
Property
Florida

Florida and Louisiana Take on Huge Debts for Hurricane Insurance Claims
In an emergency financial maneuver, the state-chartered insurance associations of Florida and Louisiana have been forced to borrow a combined $1.3 billion to cover insurance claims caused by worsening hurricanes.
May 22, 2023
Catastrophe
Insurance Industry
Property
Florida
Louisiana

Insurance Fraud: Get Your Story Straight
A woman from Coral Gables found herself caught in an insurance scam after an alert witness helped authorities unravel her deceitful plot. Silvia Maria Almeida, along with her passenger, Milton Yunielki Acosta, attempted to deceive the police by falsely reporting a collision between her black Mercedes-Benz and a pickup truck in Hialeah Gardens. However, their inconsistencies and a witness’s intervention exposed their fraudulent scheme.
May 15, 2023
Auto
Fraud
Florida

NFIP Flood Claims For Hurricane Ian Approaching $4B, Average Payment Over $104K
As of May 2, 2023, FEMA reported that National Flood Insurance Program (NFIP) claims related to Hurricane Ian total $3.9B. Out of the roughly 48,000 claims in Florida and the Carolinas, around 95% have been closed, according to the agency.
May 9, 2023
Property
Florida
North Carolina
South Carolina

Insurer Accountability Bill Passes Senate, Moves To Florida Governor’s Desk
Succeeding a series of new laws aimed at reducing insurance litigation, Florida lawmakers have unanimously approved a bill that will increase fines and oversight for property insurance companies.
May 5, 2023
Legislation & Regulation
Property
Florida

Florida And Louisiana State-Owned Insurers Must Borrow Millions To Pay Claims
The Gulf Coast insurance crisis has hit a new low as two state-chartered insurance associations are being forced to borrow hundreds of millions of dollars for the first time in three decades to pay the hurricane claims of insolvent insurers.
May 4, 2023
Catastrophe
Insurance Industry
Property
Florida
Louisiana

Governor DeSantis Takes Aim At ESG With New Florida Law
Florida Governor Ron DeSantis has signed a bill prohibiting the use of environmental, social, and governance (ESG) factors by state and local governments in their decision-making process for investments and business contracts.
May 3, 2023
Legislation & Regulation
Florida

Federal Aid For South Florida Flooding: Biden Approves Major Disaster Declaration And FEMA Assistance
President Joe Biden has approved a major disaster declaration for Broward County, offering financial assistance to individuals and communities affected by the severe flooding that hit the area two weeks ago.
May 3, 2023
Property
Florida

Some Potential Sunshine For Florida’s Property Insurance Market
Florida presents property insurers with a unique set of factors that affect the availability and affordability of insurance coverage. The state boasts the third-largest population in America while simultaneously enduring a higher-than-average volume of natural disasters.
April 27, 2023
Legislation & Regulation
Litigation
Florida



