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The ‘Hurricane Tax’ Hitting Florida Alongside Idalia

The 'Hurricane Tax' Hitting Florida Alongside Idalia | Time ...

Florida’s insurance industry is bracing for Hurricane Idalia

As it churns toward the disaster-prone Sunshine State, Hurricane Idalia could be a litmus test for Florida’s increasingly volatile and expensive insurance landscape.Despite several insurance companies exiting Florida, experts say the state’s residents are still mostly covered this hurricane season.But insurers are keeping...

Insurance – Notice – ‘Claims made’ policy

U.S. District Court Where a jury found that a defendant insurance company breached a legal malpractice policy, the insurer’s motion for judgment notwithstanding the verdict should be allowed because the policyholder failed to give the insurer timely notice of the claim. “This is a...

Farmers Insurance lays off 2,400 people

A number of Michigan workers call Farmers Insurance an employer. 13 ON OUR SIDE asked for the number of impacted employees in the state. They declined to share. ...

Companion Protect Closes $27M Series A Financing

Companion Protect, a Leawood, KS-based pet insurance and pet wellness administration company, raised $27M in Series A funding. The round was led by Avanta Ventures, Liberty Mutual Insurance, Old Republic International Corporation, as well as Stray Dog Enterprises. The company intends to use the funds...