News & Events

While plaintiffs’ lawyers like to continuously point their fingers at insurance companies, the reality is that insurers must contend with a number of minefields and difficulties on all sides. When insurance companies deny claims, they are portrayed as heartless and penny-pinching; however, increases in fraud and litigation have made things precarious for Florida’s homeowners' insurance companies. Now, many of them are on the verge of bankruptcy and could go out of business without help from the Florida Legislature. 

Workers’ compensation insurance providers are not powerless when they have to pay out claims where a third party was responsible for the injury. In these situations, the insurance provider has the right of subrogation, where it can recover what it paid for the claim from the responsible party. Subrogation can occur when someone outside the employment relationship caused the injury.

The legal landscape in which insurance companies operate is constantly in flux, especially when technology is involved. There are core legal obligations that require insurance companies to play defense when dealing with cybersecurity issues; however, an insurance company can get ahead of these issues by being proactive. At a minimum, carriers must follow data security safeguard laws.

Business insurance is about protecting your company from any and all types of possible liability and keeping it running in the face of challenges. There is no one-size-fits-all type of insurance that will cover all of your business needs. Instead, you will have to weave together many types of insurance to provide the protection you will need for your business. Here are eight types of insurance coverage businesses should consider.

Trucking companies are always looking for ways to get more drivers on the road because operators are getting increasingly difficult to find. Technology companies are also trying to change the world through new innovations. The combination of these factors has the trucking industry considering the future possibilities of driverless semi trucks. These potentially can help trucking companies get cargo from Point A to Point B without drivers and even more safely. Autonomous semi trucks raise interesting questions of liability in the event that one of them is involved in an accident.