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Massive Florida State Farm case over alleged patient brokering scheme clears early legal hurdle
Case information Case:Â State Farm Mutual Automobile Insurance Company v. Spine Centers of America, Inc., et al. Court: U.S. District Court for the Middle District of Florida Case No.: 8:24-cv-1064-CEH-AEP Judge: Charlene Edwards Honeywell Date of ruling: March 21, 2025 Plaintiff: State Farm Mutual Automobile Insurance Company Defendants: Spine Centers of America, Robert Cagno, Lester Morales…

QBE North America unveils media liability endorsement product
The endorsement offers affirmative coverage in cases where consumer protection laws are used to challenge First Amendment protections. The endorsement is available to media companies seeking additional protection against legal actions tied to consumer protection statutes, which are intended to address false, deceptive, or unfair business practices. Source link

Fortified roofs drive insurance for Louisiana homeowners
At the time of initial funding, there were 313 Fortified-certified roofs in the state, according to the auditor’s report. As of Feb. 1, 2025, that number had increased to 5,413, representing a 17-fold growth over two years. The report noted that 64% of these certifications were not funded by the LFHP. Source link

Specialty Risk Re secures $50 million in initial funding
Launched in 2024, SRR aims to become a key capital partner for managing general agents (MGAs) and insurance carriers. The company focuses on quota share and excess-of-loss reinsurance programs, collaborating with a select number of program administrators to develop sustainable, long-term risk-sharing solutions. Source link

Sedgwick announces major deal | Insurance Business America
Bottomline, a provider of business payments and cash management solutions, offers LSM services to the property and casualty insurance sector, supporting insurers, third-party administrators, self-insured entities and corporate legal departments with cloud-based software applications and legal bill review solutions. Source link

CRC Group reveals acquisition
Move enhances presence in construction, environmental and manufacturing Source link