Southeast News

Mississippi Tire Plant to Restart After Tornado Damage

TUPELO, Miss. (AP) – A northeast Mississippi tire plant that was damaged by an April tornado is expected to restart production in June. Goodyear Tire & Rubber Co. said this week that it was likely to take several months for …

Fla. Courts Say Plaintiffs Can’t Collect Interest for Late Claim Payments

Two back-to-back federal court decisions may have dealt a lethal blow to recent proposed class actions that sought interest on property insurers’ late claims payments. But the rulings have left some insureds and their attorneys feeling that they’re seeing another …

Federal Housing Aid to Help Rebuild from Kentucky Storms

FRANKFORT, Ky. (AP) — An infusion of federal funding will help build hundreds of homes in Kentucky communities devastated by tornadoes and floods in 2021, Gov. Andy Beshear said Wednesday. Four counties hardest hit by the storms – Graves, Warren, …

Florida Condo Building Evacuated Near Deadly Collapse

NORTH BAY VILLAGE, Fla. (AP) — Residents of a South Florida waterfront condominium that was deemed unsafe during a recent inspection have until Tuesday morning to evacuate. A building engineer conducting an inspection on April 14 for the Majestic Isle …

Viewpoint: Licensing Mandate for Appraisers Will Increase Costs

In a recent motion to intervene in a petition filed with the Florida Department of Financial Services, Citizens Property Insurance Corp. supports a state regulation requiring appraisers to be licensed adjusters. If enacted, this would have detrimental consequences for a …

Panic Buying After Florida Floods Leads to Long Gas Lines

FORT LAUDERDALE, Fla. (AP) — Historic flooding a week ago in South Florida has led to long lines at the region’s gas stations, as drivers fearful of a fuel shortage have been unnecessarily topping off their tanks. Their rush to …

Insurance Losses from Mississippi Tornado Nearing $100M

JACKSON, Miss. (AP) — Insurance losses from the March tornado that carved a path of destruction through parts of Mississippi are approaching $100 million, and uninsured losses will likely exceed that number, the state insurance department announced Tuesday. The damage …

Roofing Company Owners Plead Guilty to Tax Evasion

The owners of a Fort Myers roofing company, one that has been the subject of a number of complaints from consumers and which has filed multiple assignment-of-benefits lawsuits against property insurers, have pleaded guilty to more than $1 million in …

Viewpoint: No Coverage for Claim Relating Back to Earlier Policy Period

The US District Court for the Southern Florida, applying Florida law, held that a directors and officers policy did not cover a claim against directors because the claim related back to an earlier policy period, even though those individuals were …

Here’s Why Downpour in Florida Just Wouldn’t Stop

In some ways, it was the Florida Man of storms – not quite knowing when to say when. Usually, thunderstorms fizzle out after they run out of rain or get cold air sucked in. But not Wednesday, when the storm …

Southeast News Archives by Month