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"We went in and did this form of alternative dispute resolution, ... and they said, 'We're not paying. We want to present our defenses,'" plaintiff counsel said about Heritage Property and Casualty Co.

Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million of bonds.

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

The 2022 hurricane season illustrated that even in a mild year, a single major storm can cause industry-shaking losses.

Even coastal properties with appealing risk profiles still face rate increase increases between 15%-50%. 

Progressive admitted liability but contested the damages arguing that two years after the crash, the plaintiff was well enough to compete in horseback riding competitions and the injuries were not severe.

Anywhere it can rain, it can flood. But these burgs are especially at risk.

The insurer refused the claim because it determined that the hurricane caused only minor damage to the property, and that the cost of any repairs was less than the insurance policy's deductible.