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Real Estate Fraud Scheme Leads to Prison Sentence for North Carolina Man

Real Estate Fraud Scheme Leads to Prison Sentence for North Carolina Man

Dennis S. Lepka, Jr. was sentenced to six and a half years in federal prison for orchestrating a fraudulent real estate scheme, targeting vulnerable communities and causing significant financial losses.
May 31, 2024 Fraud Legislation & Regulation Litigation Property North Carolina South Carolina

South Carolina Saloon Shutters Amid Liquor Liability Law Pressures

South Carolina Saloon Shutters Amid Liquor Liability Law Pressures

The Blind Horse Saloon in Greenville, South Carolina, closes its doors after 29 years, citing the burden of the state's stringent liquor liability insurance laws as the primary reason.
May 16, 2024 Insurance Industry Legislation & Regulation Liability Litigation South Carolina

South Carolina Supreme Court Modifies Ruling on Ergonomics and Workers’ Compensation Case

South Carolina Supreme Court Modifies Ruling on Ergonomics and Workers’ Compensation Case

The South Carolina Supreme Court has affirmed, with modifications, a court decision on the relevance of ergonomics evidence in a repetitive trauma injury claim.
April 12, 2024 Legislation & Regulation Life & Health Litigation Workers' Compensation South Carolina

Regulatory Concerns Over Insurance Investments Impact Everton’s Prospective Purchase

Regulatory Concerns Over Insurance Investments Impact Everton’s Prospective Purchase

State regulators in Utah and South Carolina challenge A-Cap's financial ties with 777 Partners, complicating the firm's bid for Everton FC amid broader concerns for policyholder security.
April 2, 2024 Insurance Industry Legislation & Regulation South Carolina Utah

Homeowners Brace for Further Hikes Amid Climate and Market Pressures

Homeowners Brace for Further Hikes Amid Climate and Market Pressures

As homeowners grapple with a 19.8% spike in insurance rates, projections show a relentless 6% increase into 2024, heavily influenced by climate change and severe weather patterns.
April 1, 2024 Catastrophe Legislation & Regulation Property Connecticut Florida Illinois Louisiana Maine

Predictions Point to a Record-Breaking 2024 Atlantic Hurricane Season

Predictions Point to a Record-Breaking 2024 Atlantic Hurricane Season

Forecasters warn of an unusually active 2024 Atlantic hurricane season, urging early preparations as conditions favor above-average storm activity.
March 29, 2024 Catastrophe Insurance Industry Risk Management Technology Florida North Carolina South Carolina Texas

Hurricane Idalia Shifts Insurance Dynamics in the Southeast US

Hurricane Idalia Shifts Insurance Dynamics in the Southeast US

Hurricane Idalia's devastation in Florida and beyond underscores the escalating challenges for insurers in a climate-affected world, demanding innovative adaptation.
December 18, 2023 Catastrophe Property Risk Management Technology Florida Georgia North Carolina South Carolina

Court Orders Insurer to Pay $27M for Failing to Defend in Construction Defect Case

Court Orders Insurer to Pay $27M for Failing to Defend in Construction Defect Case

South Carolina Court penalizes Penn National with a $27 million payment for its failure to defend a policyholder in a construction defect lawsuit, despite coverage limitations.
December 14, 2023 Insurance Industry Legislation & Regulation Liability Litigation South Carolina

Tragic Floorboard Collapse in South Carolina Reveals Hidden Well, Leading to Elderly Woman’s Death

Tragic Floorboard Collapse in South Carolina Reveals Hidden Well, Leading to Elderly Woman’s Death

In a bizarre and tragic accident, an elderly woman falls through deteriorating floorboards into an unknown well shaft in a century-old South Carolina home.
November 30, 2023 Catastrophe Insurance Industry Property Risk Management South Carolina

Former Allstate Adjuster Faces Jail Time, Forfeits Assets Over Fraudulent Claims

Former Allstate Adjuster Faces Jail Time, Forfeits Assets Over Fraudulent Claims

Discover how a one-time reputable claims adjuster's illicit actions led to a steep fall from grace, shedding light on the critical role of integrity in the claims industry.
October 24, 2023 Fraud Insurance Industry South Carolina West Virginia

The Threat of Tornadoes and Severe Weather Rises in the South

The Threat of Tornadoes and Severe Weather Rises in the South

Portions of the South are facing the increased threat of severe weather and tornadoes this time of year. We are in the period known as the 'second tornado season' for many residents in the south. The American Property Casualty Insurance Association (APCIA) urges residents, particularly across the South and southern Plains to stay vigilant.
October 5, 2023 Catastrophe Education & Training Property Risk Management Alabama Arkansas Florida Georgia Kansas

It’s Not an "Insurance Crisis" -- It’s a Risk Crisis

It’s Not an "Insurance Crisis" -- It’s a Risk Crisis

Ten states -- Louisiana, Florida, Idaho, Kentucky, Mississippi, Montana, North Dakota, South Carolina, Texas, and Virginia -- as well as additional plaintiffs, are suing the Federal Emergency Management Agency (FEMA) over its new methodology for pricing flood insurance, Risk Rating 2.0.
September 21, 2023 Legislation & Regulation Property Florida Idaho Kentucky Louisiana Mississippi

Family Lawyers Slam Alex Murdaugh’s Attempt to Void Confession in $4M Insurance Money Theft Case

Family Lawyers Slam Alex Murdaugh’s Attempt to Void Confession in $4M Insurance Money Theft Case

Lawyers for the family of Alex Murdaugh's late housekeeper Gloria Satterfield -- who died after a fall at the family's home in 2018 -- have responded to Murdaugh's motion to vacate his confession of stealing over $4 million in insurance money meant for Satterfield's family.
June 12, 2023 Fraud Liability South Carolina

10 States Sue FEMA Over Higher Flood Insurance Rates

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

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
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