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ISO Readies Filings In Response To Florida AOB Reforms

Relief may be coming for some Florida property insurers in an escalating crisis surrounding assignment of benefits (AOB), and ISO is already developing revisions to our forms and rating factors to respond to a new law that addresses this costly issue for many in the industry and, indirectly, property insurance customers.
June 20, 2019 Legislation & Regulation Litigation Property Florida

State-Backed Citizens Insurance Grapples With Thousands Of Lawsuits

Gov. Ron DeSantis and Florida lawmakers this spring approved a plan to overhaul the controversial insurance practice known as “assignment of benefits” — and put new restrictions on lawsuits against insurers.
June 13, 2019 Litigation Property Florida

Suspension, Transmission Issues Spur Recall Of 1.3 Million Ford Vehicles

Ford is recalling over 1.3 million vehicles mainly in North America to fix rear suspension and transmission control software problems.
June 13, 2019 Auto Subrogation Alabama Alaska Arizona Arkansas California

Staged Accident: Teacher "Fell" On Vehicle, Sought Chiropractor And Lawyers

A teacher who claimed he was hit by a car at an Osceola County grocery store in 2016 was arrested last month, accused of faking the crash to defraud an insurance company, according to state investigators.
June 7, 2019 Fraud Liability Florida

NTSB: Autopilot Engaged At Time Of Fatal Florida Tesla Crash

A fatal March collision between a Tesla and a semi trailer that bore a strong resemblance to a crash in the same state three year earlier was more similar than initially thought.
May 16, 2019 Auto Liability Technology Florida

Factoring In The AOB Equation: The Latest Litigation Trend

One of the biggest challenges facing homeowners’ insurance companies in Florida during the past decade has been the rise of assignment-of-benefits claims.
May 16, 2019 Education & Training Litigation Property Florida

Demand Increasing For Fortified Homes In Hurricane-Prone States

Breezy Point is beautiful in the summertime, a quaint neighborhood sitting on a slim peninsula that juts out into the Atlantic just south of New York City.
In a storm, though, that dreamy setting can become a nightmare.
May 13, 2019 Catastrophe Property Risk Management Alabama Florida North Carolina South Carolina Texas

New BMWs Destroyed In Semi Truck Fire

Six brand new BMWs were destroyed after a Freightliner commercial semi truck carrying the vehicles caught fire on the Blackwater River Bridge Tuesday night.
May 9, 2019 Auto Excess & Surplus Lines Florida

Yacht Lost To Flames At Florida Boatyard

A fire Tuesday morning destroyed a yacht at a boatyard adjacent to the Rivera Beach City Marina, filling the area with thick smoke that could be seen for miles and delaying the return of a cruise ship to the Port of Palm Beach, authorities said at midday.
May 8, 2019 Property Florida

Main Building At Key Largo’s New Luxury Resort Destroyed After Massive Fire

The main building that houses the restaurant, bar, spa and lobby of the adults-only, all-inclusive Bungalows resort in Key Largo was destroyed after a large fire raged there early Sunday morning.
May 7, 2019 Excess & Surplus Lines Property Florida

More Than A Thousand Tons Of P.F. Chang’s Frozen Meals Recalled

Over two million pounds of P.F. Chang’s frozen meals have been recalled due to misbranding and an undeclared allergen, the U.S. Department of Agriculture (USDA) announced Saturday.
May 6, 2019 Subrogation Alabama Alaska Arizona Arkansas California

18 Units Destroyed In Kissimmee, Florida Apartment Complex Blaze

A fire destroyed 18 apartment units Monday afternoon in Kissimmee, officials said. More than 100 firefighters responded to the fire at Blossom Park Villas near a shopping center in the 3000 block of Parkway Boulevard in Kissimmee. Investigators said when crews arrived, flames were shooting from the third floor.
April 30, 2019 Property Florida

Mazda Recalls Nearly 190,000 Cars Due To Failing Wipers

Mazda is recalling nearly 190,000 Mazda 3 compact cars in the U.S. because the windshield wipers can fail. The company says in documents posted Saturday by the U.S. National Highway Traffic Safety Administration that the recall covers cars from the 2016 through 2018 model years.
April 16, 2019 Auto Subrogation Alabama Alaska Arizona Arkansas California

Woman Rescued From SUV Dangling From Florida Parking Garage

A woman was rescued Thursday from an SUV that had been dangling on the side of Florida parking garage for nearly an hour.
April 5, 2019 Auto Florida

NWS: Hailstorms Were The Most Significant In Brevard County, Florida History

Last week’s freakish storms that dumped egg-sized ice chunks in Indialantic generated the most significant hailstorm event in Brevard County recorded history, the National Weather Service has determined.
April 5, 2019 Auto Property Florida
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