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2 Addiction Treatment Center Owners Indicted After Reaping $50 Million From Insurers

Federal prosecutors unsealed indictments on Wednesday charging eight people — sober home and drug treatment owners, employees and a doctor — with health care fraud and money laundering in two of the highest profile investigations in the crackdown on corruption in South Florida’s drug treatment industry.
June 29, 2018 Fraud Florida

State-Controlled Burn In Florida Ended Up Destroying 36 Homes

John Matthew Polous watched a "controlled-burn" fire for three days as it consumed foliage outside his tiny community on the Florida Panhandle. And then he watched as it quickly raged out of control.
June 28, 2018 Liability Property Subrogation Florida

Battery In Florida Tesla Crash Reignited Twice: NTSB Report

A Tesla Inc Model S involved in a May 8 fatal high-speed crash in Florida reignited twice after firefighters extinguished a fire in the electric vehicle, the National Transportation Safety Board (NTSB) said in a preliminary report on Tuesday.
June 27, 2018 Auto Technology Florida

California Start-Up To Offer Parametric Storm Insurance In Florida

An upstart insurance company as far away from Florida as California aims to deliver something exceedingly rare for hurricane-weary and flood-prone Sunshine State customers: happiness.
June 26, 2018 Excess & Surplus Lines Florida

18 Condominium Units Destroyed By Suspicious Fire In Fort Walton Beach

Scarlett Hamilton sifted through the medicine cabinet in her first-floor condominium Monday morning, as water dripped from the ceiling and gathered in puddles around her feet.
June 26, 2018 Excess & Surplus Lines Florida

Storm Surge: The Hidden Force Of A Hurricane

As summer approaches along the Gulf and Atlantic coasts, residents prepare for the hurricane season ahead. The Atlantic hurricane season — June through November (though known to start as early as January in past years) — has devastated communities from Texas to New England, resulting in significant recovery costs.
June 25, 2018 Catastrophe Property Alabama Florida Georgia Louisiana Mississippi

Despite A ‘Near-Average’ Forecast, Hurricane Flooding May Increase

With so many businesses and individuals affected by Hurricanes including Maria, Harvey and Irma in 2017, risk managers and insurers are looking to revised forecasts of this year’s hurricane season for a glimmer of hope that 2018 will not bring the same destruction.
June 21, 2018 Catastrophe Alabama Florida Georgia Louisiana Mississippi

300,000 Coastal Homes In US, Worth $120B, At Risk Of Chronic Floods From Rising Seas

Hundreds of thousands of homes along U.S. coasts are at risk of devastating coastal flooding over the next 30 years as climate change causes oceans to rise, according to a new study.
June 19, 2018 Property California Florida New Jersey New York

2 Riders Fall From Derailed Roller Coaster In Daytona Beach

Two people fell to the ground from 34 feet in the air, when a roller coaster derailed on the Daytona Beach Boardwalk, fire officials said Thursday night.
June 15, 2018 Excess & Surplus Lines Liability Florida

61.5% Increase In Lawsuits Against P/C Insurers Q1 2018 Blamed On Hurricane Irma

Lawsuits against property and casualty insurers with the largest market shares in Florida increased sharply in the first quarter of 2018 compared with the same period last year, and Hurricane Irma claims are to blame, insurers say.
June 7, 2018 Litigation Property Florida

New Hurricane Coverage Pays For What Traditional Policies Won’t

In Florida, discussion about hurricane insurance often focuses more on what isn’t covered than what is covered.
June 7, 2018 Property Florida

$1.5M Yacht A Total Loss After Catching Fire At Florida Marina

It was a bad day for one boat owner in SWFL, after stunning video captured his $1.5 million yacht burning up in flames.
June 7, 2018 Liability Marine Subrogation Florida

U.S. Motorcycle Thefts Decreased In 2017

The National Insurance Crime Bureau (NICB) today released its annual report on motorcycle thefts in the United States for 2017.
June 6, 2018 Auto Arizona California Florida Georgia Indiana

Flood Insurance Program Risks Expiry (Again) As Hurricane Season Starts

Seven million homes are at risk of damage from Atlantic storms and coverage may be up in the air again.
June 4, 2018 Catastrophe Legislation & Regulation Property Florida Louisiana New York Texas Virginia

Crane Collapses Upon Two Lauderhill, Florida Homes

A massive task was at hand Wednesday night as crews worked to dismantle a crane that somehow toppled over and fell on two homes in Lauderhill causing minor injuries to two people.
May 31, 2018 Excess & Surplus Lines Liability Property Subrogation Florida
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