TALLAHASSEE — State regulators moved forward Thursday with placing United Property & Casualty Insurance Co. into receivership after higher-than-expected losses from Hurricane Ian helped push the insurer into insolvency.Interim Insurance Commissioner Michael Yaworksy sent a letter to state Chief Financial Officer Jimmy Patronis...
Car insurance costs are on the rise in 2023. According to personal finance website ValuePenguin, insurance rates across the US are expected to rise by 8.4%, bringing the total average premium for full coverage to $1,780 per year.Pricier cars and more expensive repairs...
BROWN COUNTY, Wis. (WBAY) - A Brown County plastic surgeon is worried that a recent change in insurance could impact future breast cancer reconstruction surgeries.A billing issue may limit the type of reconstructive surgery for women who undergo mastectomies.Federal law requires insurance companies...
In its third trip to the securitization market to raise funds, Cartiga Asset Finance Trust is seeking to raise $111.9 million in asset-backed securities, a deal secured by litigation finance receivables.Stifel, Nicolaus & Co. are initial note purchasers, while East West Markets is...
