In prior posts, I have noted the growing phenomenon of companies adopting various types of bylaws as a self-help version of litigation reform.
Recently, as outlined in Nicole Vinson’s blog post, Will Kevin McCarty Remain Florida’s Insurance Commissioner?, it has become apparent that the Florida Insurance Commissioner is on the hot seat.
Hailstorm/Windstorm Claims? Challenges for the Policyholder? Two Points Going Hand-in-Hand These Days
If you are a Public Adjuster or Roofing Contractor working in the property damage insurance claim industry, you no doubt have been seeing more and more hailstorm/windstorm claims in recent years.
Cyber breaches, cyber attacks, and related developments frequently dominated the news in 2014. Looking back can help us anticipate and prepare for what may happen in 2015.
New corporate and securities lawsuit filings and enforcement actions were down for the third consecutive year in 2014, according to the latest annual report from the insurance information firm, Advisen.
Cornerstone Research: Securities Suit Filings Holding Steady but Cases Are Smaller and Involve Smaller Companies
The number of securities class action lawsuit filings in 2014 was about the same as in 2013, but the cases that were filed were smaller than in the past, according to the annual securities litigation report from Cornerstone Research.
Only a couple of weeks into the new year, and we’re already seeing our first big weather event: Winter Storm Juno is here. For many this won’t be their first time on the snowmageddon rodeo, but it’s important to keep proper protocol in mind while they ride out the storm.
I know that this is hard to believe, but even when an insurance company complies with its duty to defend, the interests of the insurance company and its policyholder may not be aligned.
Here is an interesting question; can a policyholder assign their bad faith claim to someone else? I will discuss several states’ laws on this issue in upcoming posts.
Kevin McCarty has been Florida’s insurance commissioner since 2003 and has worked for the state for the past 26 years, but rumors have been spreading that Commissioner Kevin McCarty may not survive the transition into Governor Rick Scott’s second term.