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And so they’ve launched two class-action suits, one in Florida and the other in Georgia, claiming State Farm uniformly rejects repair estimates that exceed $4,700 per claim — when the market ...
Citizens Property Insurance Corporation (Citizens) was created in 2002 from the merger of two other entities to provide both windstorm coverage and general property insurance for home-owners who could not obtain insurance elsewhere. It was established by the Florida Legislature in Chapter 627.351 (6) Florida Statutes as a not-for-profit insurer ...
In early 2009, the State Farm Florida subsidiary, the state's largest insurer, offered to withdraw from writing property insurance business in Florida after state regulators refused to approve a 47% property rate increase. State Farm said that, in Florida, it had paid out $1.21 USD in claims for every dollar in premiums since 2000.
State Farm Mutual Automobile Insurance Co. v. Campbell, 538 U.S. 408 (2003), was a case in which the United States Supreme Court held that the due process clause usually limits punitive damage awards to less than ten times the size of the compensatory damages awarded and that punitive damage awards of four times the compensatory damage award is "close to the line of constitutional impropriety".
Now, Florida state reforms require reserve and milestone studies and mandate annual contributions to reserves, but they only apply to units that are three stories or higher.
The office was abolished following the Florida Cabinet reforms of 1998 which took effect in 2003. A statewide office, with a seat in the Cabinet, the official handled the duties of the State Treasurer, Commissioner of Insurance, and Fire Marshal. These duties included payroll, pensions, tax collection, state finances, insurance regulation, and ...
Klay Thompson, a key contributor to the Golden State Warriors' dynasty, has agreed to a three-year, $50 million deal with the Dallas Mavericks that includes a player option, according to ESPN's ...
Clips4Sale ( C4S) is an adult video content selling website and is known for fetish content. [ 2] It launched in 2003. [ 1][ 3][ 4][ 5] Clips4Sale is the largest clip site on the internet with over 8 million clips and 105,000 independent content producers on its platform. [citation needed] It is based in the United States, with an overseas ...