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The reforms will be included in a new plan of operation for the state’s insurer of last resort. -
A roundup of today’s need-to-know news, including Commissioner Lara’s FAIR plan reforms.
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The proposed class says the plan does not cover smoke damage.
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House Bill 672 will take effect on August 1.
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Underwriters are getting increasingly granular, rewarding mitigation and prevention with better terms.
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A draft bill would require the disclosure of third-party financing in federal courts.
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The all-items CPI increased 3% year-over-year, down from 3.3% in May.
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The standard is a ‘step forward’, but cross-company comparisons are difficult.
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The groups highlighted technical hurdles to implementation at a Wednesday hearing.
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The Bermuda courts will assess Onex’s lower, revised offer for the fronting unit.
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In high-capacity, global E&S property, London has continued to be aggressive.
