Page 42 - Mark Friedlander News Today

Progressive and Allstate have already signaled that they plan to keep increasing their auto insurance rates this year.

Progressive and Allstate have already signaled that they plan to keep increasing their auto insurance rates this year.

Property insurers would face increased scrutiny and higher fines under bills unanimously passed by the Florida House and Senate that now await the governor's signature. Created after reports surfaced of insurers reducing adjusters' loss estimates after Hurricane Ian, the measures are also meant to address criticism that recent reforms were weighed too heavily in favor of insurance companies.

Car thefts are so bad in NYC, the mayor recently handed out 500 airtags to New Yorkers to hide in their vehicles so they can track them if they’re stolen.

Property insurers would face increased scrutiny and higher fines under bills unanimously passed by the Florida House and Senate that now await the governor's signature. Created after reports surfaced of insurers reducing adjusters' loss estimates after Hurricane Ian, the measures are also meant to address criticism that recent reforms were weighed too heavily in favor of insurance companies.

The Insurance Information Institute predicts rates to soar in 2023 and beyond, going up by as much as 40%.

The emergency borrowing has drawn attention to nonprofit insurance associations that are created by states to pay claims of insolvent insurers.

The legislation still gives state regulators new powers and bigger fines for insurers.

Right now, homeowners in Lake County are dealing with damage to their roofs, windows and cars.

After five years of tweaks to Florida's insurance and tort laws, all designed to reduce the vast amount of claims litigation and – eventually – bring down