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After threatening a swathe of downgrades of Floridian carriers last year, the ratings agency has signaled a positive reception of reforms. -
A canvass of Florida executives by Inside P&C suggests glimmers of an improved claims environment ahead.
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The InsurTech is accusing Brinson Caleb Silver and his alleged co-conspirators of executing a scheme which defrauded it of at least $9.4mn.
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The cases were filed in California and Florida courts, states where non-competes are currently treated differently, and followed the FTC’s move to ban them.
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In addition, Lloyd's syndicates Atrium and Syndicate 1183 asked the judge to dismiss the case against them in its entirety.
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AmFed’s Pie Development alleges that Pie co-founders Dax Craig and John Swigart misappropriated trade secrets which led to the founding of the InsurTech.
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Louisiana governor John Bel Edwards, state insurance commissioner Jim Donelon, and legislative leadership are in discussions about a potential special session.
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In each case, the broker asked the judge to dismiss with prejudice, barring the parties from bringing the disputes to another US court.
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All claims in the case were dismissed with prejudice, barring the parties from bringing the dispute to another US court.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The broker argued that WTW conspired with former employees Terry Rolfe and Daryl Abbey to use its confidential information and divert customers to WTW.
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While the new legislation will likely bear fruit in 12-24 months, insurers must first pass the hurdle of 6.1 renewals amid higher reinsurance pricing and limited availability.
