Latest Property and casualty insurance providers News

Florida bills limit roof refusal by insurers, add new fund

May. 21, 2022 17:02 PM EDT

ORLANDO, Fla. (AP) — Legislation proposed by Florida lawmakers for an upcoming special session to reform the state's property insurance market would create a $2 billion reinsurance fund and prohibit insurers from automatically denying coverage to homeowners' with older roofs. Four...

Florida lawmakers to meet for session on property insurance

May. 20, 2022 16:54 PM EDT

TALLAHASSEE, Fla. (AP) — Florida lawmakers return to the Capitol next week for a special legislative session aimed at addressing problems in the state’s turbulent property insurance market, a persistent and multifaceted crisis in a region vulnerable to damaging hurricanes. It is...

Editorial Roundup: Florida

May. 18, 2022 07:12 AM EDT

Palm Beach Post. May 11, 2022. Editorial: Lawmakers must fix housing crisis in special session Palm Beach County and many parts of Florida have become too expensive to live. It shouldn’t take skyrocketing housing and insurance costs to convince state leaders to get...

DeSantis sets dates for session on property insurance

Apr. 26, 2022 17:05 PM EDT

TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis announced Tuesday that lawmakers will return to the Capitol in late May for a special legislative session to address the state's rising property insurance rates. The Republican set the session for May 23 to May 27 and has tasked...

Court: Iowa restaurants can't collect COVID loss insurance

Apr. 22, 2022 16:16 PM EDT

DES MOINES, Iowa (AP) — The Iowa Supreme Court said Friday that two restaurants cannot collect damages from insurance policies for losing business following the governor’s March 2020 order requiring restaurants to temporarily stop in-person dining amid rising COVID-19 cases. The...

Smart-home devices could save you money on home insurance

Apr. 21, 2022 12:03 PM EDT

A smart thermostat can turn up the heat in your home before you roll out of bed. A smart speaker can play your favorite podcasts with a voice command. A smart lightbulb can be turned on or off from across the room. But smart-home devices aren’t just about convenience. Because some...

DeSantis announces special session on property insurance

Apr. 18, 2022 17:17 PM EDT

JACKSONVILLE, Fla. (AP) — Florida Gov. Ron DeSantis said Monday that he will call a special session of the legislature to address rising property insurance rates in the state. The Republican governor said the special legislative session will occur in May and focus mainly on the...

Editorial Roundup: Michigan

Apr. 18, 2022 16:33 PM EDT

Detroit News. April 13, 2022. Editorial: Fund judicial watchdog agency to protect justice The government entity that investigates complaints against Michigan’s judges is falling behind after an uptick in cases without the funds to meet the demand. The investigation...

Editorial Roundup: Florida

Mar. 30, 2022 07:15 AM EDT

South Florida Sun Sentinel. March 24, 2022. Editorial: Chasing daylight, Rubio descends into darkness Marco Rubio finally showed up for work. Then he did the wrong thing. Last week, Florida’s senior senator sneaked through the chamber a...

Sick mine workers allege insurer delaying medical payments

Mar. 21, 2022 16:57 PM EDT

BILLINGS, Mont. (AP) — Attorneys for Montana mine workers sickened and killed by toxic asbestos exposure filed a lawsuit against Zurich American Insurance on Monday for allegedly stalling legal settlements and medical payments after transferring the workers' claims to investors...