Topic
Hurricanes
471 published works
Insurance Law Hawaii
More Hurricane Insurance Coverage Made Available for Hawaii
The Pacific Business News reports here that hurricane insurance should be more easily available thanks to a partnership formed between Argo Group US and First Insurance Co. of Hawaii. …
Property Insurance Coverage Law Blog
The $500 Billion Hurricane
By Chip Merlin
Is the Insurance Industry Trying to Justify Increases in Rates or Simply Justifying Leaving the Risk Business Along Coastal areas? These questions came to my mind after reading an article in the…
Insurance Law Hawaii
Allstate Agrees to Reinstate Hundreds of Homeowners’ Policies in Louisiana
We are in no hurry for another hurricane to strike Hawaii. Hurricane Katrina, however, has created many interesting insurance-related issues. if and when a hurricane strikes Hawaii again,…
Insurance Law Hawaii
Condominiums Take Advantage of Florida Self Insurance Trust
Florida enacted legislation last year to allow condominiums to take greater control over the costs and availability of hurricane coverage through the formation of self insurance trusts. The…
Insurance Law Hawaii
Florida Keeps Property Insurers on Hot Seat
The New York Times reports that a special Florida State Senate committee is conducting hearings this week to investigate the soaring cost of hurricane insurance. After the 2004…
InsureReinsure
11th Circuit Reinstates Hurricane Class-Action Lawsuit
In Mills v. Foremost Insurance Co., No. 06-16458 (Jan. 4, 2008), the 11th Circuit recently overturned the dismissal of Florida hurricane victims’ class-action lawsuit relating to mobile home damages. The…
InsureReinsure
Governor Crist Assembles Trial Team To Review Insurers’ Compliance With Rate Reform
As one of his first actions upon taking office in January 2007, Florida Governor Charlie Crist asked the state legislature to increase the state’s hurricane catastrophe fund. Crist’s initiative was…
Mass Tort Litigation Blog
State Farm Sues Mississippi Over Katrina Investigation
By joetort
Here's an interesting twist on the complexities of handling parallel civil and criminal proceedings. State Farm Insurance filed a lawsuit against Mississippi's attorney general, claiming that the AG reopened a…
InsureReinsure
Florida Proposes Catastrophe Fund Reform
As discussed here, Florida established a Hurricane Catastrophe Fund (“CAT Fund”) in November 1993, to protect and advance the state's interest in maintaining insurance capacity, by reimbursing insurers for a…
Property Insurance Coverage Law Blog
Florida officials are gambling with citizens’ money
By Chip Merlin
CFO Alex Sink and Governor Charlie Crist are still new to their elected jobs; this was obvious from statements made by Sink in her interview with the Miami Herald. In…