Southeast News

Fla. Public Adjusters Can’t Act as Appraisers if Fees Exceed Statutory Cap

Public adjusters cannot double as appraisers in claims disputes if their total fees exceed the statutory cap, a Florida appeals court decided Wednesday in what may be seen as another win in property insurers’ long battle against tactics allegedly employed …

Miss. Supreme Allows Subrogation Suit Against ATV Driver in Crash Involving Lt. Gov.

A workers’ compensation fund for Mississippi state agencies will can take subrogation action against the driver of an all-terrain vehicle that badly injured the former chief of staff to the state’s lieutenant governor, the Mississippi Supreme Court decided. A circuit …

Florida Fishing Village Hopes to Maintain its Charm After Being Walloped by Idalia

HORSESHOE BEACH, Fla. (AP) — This remote seaside enclave known as “Florida’s Last Frontier” took much of the pounding from Hurricane Idalia when it struck the state`s west coast as a Category 3 storm last week. The damage left behind …

RMS, Verisk Weigh in With Insured-Loss Estimates in Low Billions From Idalia

Moody’s RMS and Verisk on Monday each released insured loss estimates for Hurricane Idalia. RMS estimated total private market insured losses from Idalia to be between $3 billion and $5 billion, with a best estimate of $3.5 billion. Verisk meanwhile …

Hurricane Idalia Exposes Florida’s Dangerous Flood Insurance Gap

Hurricane Idalia unleashed its fury on northwest Florida on Wednesday morning, landing in a sparsely populated area with winds of 125 miles (201 kilometers) per hour and 9 feet of storm surge. Although the urban conglomeration of Tampa-St. Petersburg was …

Doctors Must Bill for Injured Workers Within 45 Days, Says Kentucky High Court

Medical providers who treat injured workers in Kentucky must bill the employer/insurer within 45 days, even before a workers’ compensation claim has been filed and before an employer’s liability has been established, the Kentucky Supreme Court decided. The opinion in …

Hurricane Idalia Could Cost Insurers $9.36 Billion: UBS

Insurers were expected to face claims for billions of dollars from Hurricane Idalia which made landfall in Florida on Wednesday, adding to a challenging year for the industry that could result in higher premiums for customers. Hurricane Idalia plowed into …

Update: Idalia Knocks Out Power Across Southeast, Snarls Flights, Churns to Georgia

Hurricane Idalia churned into Georgia after knocking out power to hundreds of thousands of Florida customers, grounding more than 900 flights and unleashing floods far from where it came ashore as a Category 3 storm earlier Wednesday. Idalia’s top winds …

Hurricane Idalia Strikes Florida With Powerful Category 3 Winds

Hurricane Idalia came ashore on Florida’s west coast with destructive Category 3 winds, triggering blackouts and unleashing flooding rains and dangerous storm surge. Idalia’s maximum sustained winds reached 125 miles (201 kilometers) per hour Wednesday as it slammed into the …

Insurers to Pay $50M in Settlement Over Abuse at West Virginia Boarding School

A second lawsuit that alleged widespread sexual, physical and mental abuse at a now-closed West Virginia boarding school for troubled youths has been settled for about $50 million, to be paid by insurance carriers. Attorneys for 32 plaintiffs described what …

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