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Size of Florida’s Slide Insurance Exec Compensation Has Tongues Wagging

Insurance Journal

When Tampa-based Slide Insurance registered for an initial public stock offering last week, one page of the filing quickly had people talking in the Florida insurance industry. On page 132 of the filing with the U.S. Securities and Exchange Commission …

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Size of Florida’s Slide Insurance Executive Compensation Has Tongues Wagging, Eyes Popping

Insurance Journal

When Tampa-based Slide Insurance registered for an initial public stock offering in May, one page of the filing quickly had people talking in the Florida insurance industry. On page 132 of the filing with the U.S. Securities and Exchange Commission …

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Maine Approves 9.6% Decrease in Workers’ Compensation Costs

Insurance Journal

Maine has approved the insurance industry’s filing that will lower workers’ compensation insurance loss costs an average of 9.6%. The lower loss costs will go into effect for new and renewing policies as of April 1, 2025. According to Superintendent …

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Massachusetts Orders 14.6% Cut in Workers’ Compensation Rates

Insurance Journal

reduction in workers’ compensation rates–a cut that is almost twice the size of what the insurance industry’s rating bureau proposed in its filing. Massachusetts businesses will see an average 14.6% The lower rates go into effect on July 1, 2024.

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Appraisal outcome freezes compensation

Rough Notes

INSURANCE-RELATEDCOURTCASESDigested from case reports published onlineCOURT DECISIONS Appraisal outcome freezes compensation 50 Exchange Terrace LLC sought to collect under a property policy with Mount Vernon Specialty Insurance Company (Mount Vernon) for damage to its property in Rhode Island.

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Amy Bach and United Policyholders Raise Issues About Insurance Executives Insurance Taking Monies Through Excessive Payouts

Property Insurance Coverage Law

Amy Bach‘s recent LinkedIn post yesterday highlighting concerns about excessive compensation in the insurance industry has struck a chord with many policyholders and consumer advocates. Bach raised these issues in a panel discussion at the American Academy of Actuaries.

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One Call Names Mendez CEO, Alliant Adds VP Cassidy in Florida

Insurance Journal

One Call, a provider of ancillary care services for the workers’ compensation market, based in Jacksonville, named Nicholas Mendez as chief executive officer, starting Feb. Mendez succeeds Jay Krueger, who will continue working with One Call through the end …