Government
Independent Adjusters Charge Florida Insurers With Doctoring Damage Estimates
Do some Florida property insurance companies hire independent adjusters to inspect property claims, then routinely alter their inspection reports to reduce estimated losses? Yes, and it's a ...
Spyware Hacks of Federal Workers Could Run Into Hundreds, Lawmaker Says
A U.S. government probe into how many mobile phones belonging to diplomats and government workers have been infected with spyware could "easily run to the hundreds," according to a member of the ...
Florida Senate Committee Passes Reform Bill; Would Make Citizens’ Rates ‘Noncompetitive’
A Florida Senate Committee spent about two hours Monday reviewing a sweeping property insurance reform bill before approving it along party lines — with no changes. All nine Republicans on the ...
Florida Bills Offer Broad Attack on Insurance Costs: Legal Fees, AOBs, Reinsurance
After years of what some insurers have labeled half-measures, Florida lawmakers appear to be on the cusp of delivering "historic" and "transformational" reforms that would end one-way attorney fees, ...
North Carolina Attack Shows Fragility of U.S. Power Grids, Experts Say
The attacks that left two electrical substations in North Carolina riddled with gunfire and knocked out power to 45,000 homes and businesses underscores the fragility of U.S. grids, experts said ...
Florida Special Session on Insurance Slated for Dec. 12-16
It hasn't been made official by the governor's office, but Florida legislative leaders have set a date for a second special session to tackle property insurance issues — Dec. 12 through Dec. ...
NAIC Adds ‘Deep Concerns’ to FIO Bid to Collect Climate Change Data From Insurers
In a letter to the Treasury's Federal Insurance Office, the National Association of Insurance Commissioners expressed its "deep concern" over a proposal to collect data on climate-related risks from ...
FBI Director Says TikTok Poses National Security Concerns
The U.S. operations of Chinese-owned TikTok raise national security concerns, says FBI Director Chris Wray, flagging the risk that the Chinese government could harness the video-sharing app to ...