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The business shortchanged its workers' comp carrier more than $127,000 in premiums by underreporting payroll.

In a proposed circular letter, the DFS recommended actions for insurers to prevent discrimination when using AI and ECDIS.

At least five Florida roofing company employees have recently been arrested for defrauding insurance companies.

MGAs can offer insurers a cost-effective entry into new or niche markets without having to make the typical expenditures associated with expansion.

The adjuster is alleged to have made more than 1,200 bogus payments to 326 co-conspirators. More arrests are expected.

As of Aug. 1, 2023, insurers must include the supplemental liability coverage, but policyholders can opt out.

Florida CFO Jimmy Patronis said the state is broadening its investigation into alleged insurance fraud.

Fear of new technology in the workplace is real, but there's no reason for agents and brokers to be afraid.