INSURASALES

Tag: Claims Handling

Florida Fines Property Insurers $2M+ for Claims Handling Violations

Florida insurance regulators fined eight property insurers over $2 million in 2025 for claims-handling violations including delayed payments and unlicensed adjusters amid ongoing hurricane season.

Rhode Island Proposes Major Updates to Unfair Claims Settlement Practices Act

Rhode Island Senate Bill S1015 proposes comprehensive reforms to unfair claims settlement practices, enhancing standards for appraisal, direct payments, and total loss determinations in auto insurance.