OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Spirit Insurance Company (Spirit) (Colchester, VT) and Radius Insurance Company (Radius) (Cayman...
Proposals being considered will encourage homeowners to use state-backed Citizens as last resort againSome changes will make suing more expensive and more complicated for homeownersA bill would offer tax relief to people with homes damaged by Hurricane Ian or Tropical Storm NicoleTALLAHASSEE —...
MARTIN COUNTY, Fla. — State lawmakers this week will decide during a special session how to chip away at the state's property insurance crisis.They will vote on a number of measures to try to slow rate hikes and encourage insurance providers to remain...
T-Mobile US Inc.’s recent cyber insurance victory in Washington state court helps clear the way for organizations to use third-party data breach settlement payments to satisfy skyrocketing cyber insurance deductibles.The Nov. 28 Washington appeals court ruling held that the telecom giant satisfied a...