Eight home insurance companies have been fined a total of $2.1 million for claims-handling misconduct, including failure to deny or pay claims on a timely basis, following hurricanes Ian and Idalia, ...
A federal office of insurance created just 15 years ago, designed to address weaknesses in financial oversight, has been an endangered species since the day it was born. Despite the U.S. insurance ...
A total of 10 insurers now owe a collective $2.57 million for claims handling deficiencies. The state says these actions hold insurers accountable without costly litigation from policyholders.
Automobiles might have gotten swamped en masse in the floodwaters of 2024’s hurricanes Helene and Milton, but recent tort law changes are protecting car insurance policyholders from getting hit with ...
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said. While in Sarasota on Wednesday, DeSantis, joined ...
American Integrity and Manatee Insurance Exchange will assume the policies as part of ongoing depopulation efforts ...
Commissioner Mike Yaworsky said in a statement that the United Services Automobile Association (USAA) filed an average 7% ...
Property insurance companies would face increased scrutiny by state regulators over payments they make to parent and affiliate companies — which critics say can be used to cloud profits and ...
PENSACOLA, Fla. -- Car insurance rates are going down again for Floridians. The state's insurance commissioner announced last ...
Florida's Office of Insurance Regulation (OIR) announced that it's approving an additional auto insurance rate cut. This time ...