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Universal submitted allegedly ineligible claims to the Florida fund.
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Capital funding new litigation dropped 16% YoY, however.
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The bill being considered would effectively eliminate personal injury protection.
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Coverage will increase to $20mn per building.
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The decision comes after the agency refused to block a climate related vote at Travelers.
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Both bills are now on Governor Kemp’s desk awaiting signatures.
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RBC reports can help regulators identify weakly capitalized companies.
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The decision is the first of its kind under the new Trump administration.
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The bill also creates a governing board comprising insurance and consumer reps.
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The Georgia verdict is one of many legal battles over Monsanto’s herbicide.
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Inflation, tariffs and climate change are all making for an uncertain 2025.
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The letter said the FIO is in “direct conflict” with the role of state regulators.