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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
For years, Florida attorneys have utilized one-way attorney fees and assignment of benefits to bleed the insurance market of thousands of dollars.
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The FDIC said that as of December 31, 2022, the bank had approximately $209bn in total assets and about $175.4bn in total deposits.
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The BMA also expects Bermudian insurers to consider double materiality in their reporting, as well as their own external climate-change impact.
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S&P published its first consultation on proposed changes to its risk-based capital adequacy methodology in December 2021.
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Rate action for personal auto insurers has been increasing in 2023 to balance rising loss cost trends
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Ron DeSantis has also announced proposals to modernize Florida’s "bad faith" law, in the latest set of reforms he described as the most “comprehensive in decades”.
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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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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The attempt to increase the supply of insurance in the state has been submitted for governor approval.
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The act would have increased the number of “close family members” that could have sought compensation in wrongful death cases.
