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3M CEO Required to Participate in Earplug Lawsuit Mediation

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

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

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

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

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

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

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

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

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

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

Sunshine State Homeowners Face New Property Insurance Fee

Sunshine State Homeowners Face New Property Insurance Fee

Homeowners in Florida should prepare for yet another increase in their insurance premiums as more insurers are leaving or failing in the state.
April 26, 2023 Catastrophe Insurance Industry Legislation & Regulation Property Florida

Florida House To Vote On Auto Glass Repair Bill With ‘Steering’ Amendment

Florida House To Vote On Auto Glass Repair Bill With ‘Steering’ Amendment

Championed by industry groups and CFO Jimmy Patronis, a bill curbing auto glass repair lawsuits sped through its last committee stop in the House and now awaits a full chamber vote.
April 11, 2023 Auto Insurance Industry Legislation & Regulation Litigation Florida

Firm Files 25K Lawsuits Against Florida Insurers Within Six Days

Firm Files 25K Lawsuits Against Florida Insurers Within Six Days

Litigation is rarely warm and fuzzy, but what's unfolding in Florida between plaintiffs firm Morgan & Morgan and the insurance industry puts hardball tactics in a new light.
April 11, 2023 Insurance Industry Legislation & Regulation Liability Litigation Technology Florida

New Plan For Florida Insurance Crisis: ‘Insurer Accountability’

New Plan For Florida Insurance Crisis: ‘Insurer Accountability’

After years of giving Florida's homeowners insurance companies largely what they wanted in an effort to stem rapidly rising premiums and insurer insolvencies, state lawmakers introduced a new approach this week: 'insurer accountability.'
April 7, 2023 Legislation & Regulation Florida

2 More Lawsuits Filed After Fatal Orange County Fireworks Warehouse Fire

2 More Lawsuits Filed After Fatal Orange County Fireworks Warehouse Fire

Two more lawsuits have been filed against several companies, including SeaWorld Entertainment, for a December explosion and fire at an Orange County fireworks company's warehouse that lead to the deaths of four people and one person being severely burned.
March 30, 2023 Liability Litigation Florida
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