Content from Andrew Simpson
TypTap, a Home and Flood Insurance InsurTech, Files Proposed IPO Plans
HCI Group, Inc. announced that its InsurTech subsidiary, TypTap Insurance Group, Inc., a Florida-based writer of private market homeowners and flood insurance, has confidentially submitted a draft ...
Class Action Targets Insurance Broker Gallagher Over Ransomware Attack
Insurance and benefits broker Arthur J. Gallagher is the target of a proposed class action lawsuit over a ransomware attack it suffered in 2020. The plaintiffs allege that Gallagher failed to follow ...
Federal Judge Halts Enforcement of Part of Florida’s New Property Insurance Reform Law
A federal judge has halted enforcement of a section of Florida's new property insurance reform (SB 76) law that restricts the advertisements and solicitations of roofing contractors. U.S. District ...
Major Insurer Group Defends Ransomware Reimbursements in New Cyber Principles
The nation's largest property/casualty insurance organization is defending ransom payment reimbursements by insurers in a new set of principles stressing that the insurance industry wants to partner ...
Florida Property Insurance Reform Bill Signed Into Law, Already Having Positive Effect
Florida Gov. Ron DeSantis on Friday officially signed into law reform legislation on property insurance and roofing contractor practices, a measure some say is having a positive impact even before it ...
Supreme Court Narrows Reading of Computer Fraud Law in Police Case
A Georgia police officer did not violate federal computer fraud law when he used his patrol car computer to access information on a license plate in exchange for money, even though his action ...
EEOC Outlines Rules Around COVID Vaccine Mandates, Incentives in Workplace
Federal employment laws do not prevent an employer from requiring all employees physically entering the workplace to be vaccinated for COVID-19, the Equal Employment Opportunity Commission (EEOC) has ...
Congress Is Exploring the Idea of Federal Reinsurance for Cyber-Terrorist Attacks
A research arm of Congress is studying the costs of cyber attacks on the U.S. infrastructure and whether the backup provided by the federal Terrorism Risk Insurance Program (TRIP) is adequate for ...