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After Florida Report, Georgia Senator Wants Investigation into MGAs, Insurer Profits

Insurance Journal

Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia, with one state senator calling for an investigation. Nabilah Islam Parkes, D-Duluth, this week sent a letter to Georgia …

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Florida OIR Wants More Data, Warns Insurers about Concurrent Causation Denials

Insurance Journal

As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers’ claims-handling and other practices. Florida Insurance Commissioner Michael Yaworsky late last week posted a memo, demanding …

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Florida Bill Would Limit AI in Claims Denials, Extend Bar on Execs, Raise Surplus Levels

Insurance Journal

After years of rising insurance premiums, anger from homeowners, and recent reports about some property insurance carriers’ alleged diverting of profits, bills seen as “consumer friendly” continue to gain traction in the Florida Legislature. One of those bills, Senate Bill …

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State Farm VP Apologizes to Homeowner While Allstate Exec Gets Grilled at U.S. Senate Hearing

Insurance Journal

It’s not just some Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports or low-balled property damage estimates in recent years. It’s also major national insurers, according to adjusters and policyholders who spoke at a recent U.S. Senate hearing …

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Take the Hassle Out of Claims Management

Trellis' extensive State Trial Court Data can be leveraged to identify opposing/outside counsel and top mediators for insurance matters, evaluate the risk of new claims by viewing similar claim litigation history, and more. What's more, our Insurance API equips insurance carriers with litigation records and comprehensive claims insights.

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Growing Fast, Going Public: Florida’s American Integrity Insurance Files for IPO

Insurance Journal

American Integrity Insurance, one of the largest property insurance carriers in Florida with more than 350,000 policies in force, is going to Wall Street with an initial public offering. The Tampa-based parent company, American Integrity Insurance Group, founded in 2006, …

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When No One’s Home: Understanding Roleof Vacancy Insurance

Triple-I: Homeowners Insurance

If a home will be vacant for an extended period, whether due to a sale, relocation, inheritance, or renovation, its essential to inform your insurance carrier and review your coverage options. Water damage is one of the most common and expensive issues in unoccupied homes.

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