Regulation/Legislation

Significant issues have arisen in Florida's surplus lines industry that have their genesis in two recent decisions by the Florida Supreme Court and the U.S. Court of Appeals for the 11th Circuit.

The plaintiff in the case, Texas Mutual's former policyholder Sembera Security Systems Inc. of Cypress, Texas, first sued its insurance agent in Harris County District Court for allowing coverage

Christian Milton, a former vice president of American International Group convicted last year in connection with a scheme to manipulate the company's financial statement through a finite reinsurance

The case was sparked by a Nashville, Tenn., school district's investigation of conduct by its employee relations director. Gene Hughes. Vicky Crawford, the district payroll supervisor, who had not

The U.S. Chamber Institute for Legal Reform said an online survey of more than 15,000 participants found that more than 87 percent either strongly agree or agree that lawsuit abuse must be curtailed

The majority leader said "Republicans and Democrats united around ensuring that hardworking individuals across this country should be paid fairly, and that they will have a fair shot to fight back

The Florida Supreme Court added several new wrinkles to an ongoing debate over the question of whether a general contractor's commercial general liability insurance policies cover damage caused by

Jonathan Legge, a managing director with Mercator Risk Services, said the reverberations will likely register as investment advisors and banks that invested clients' money through Mr. Madoff are hit w