The Florida legislature gathered for a special session – “I can’t recall the last time we had a special session specifically on insurance,” Ulrich said – last week, seeking to address Florida’s property insurance crisis amid fears that domestic carriers would be unable to procure reinsurance. Two bills were passed into law, creating a $2 […]
Month: June 2022
Wisconsin Supreme Court rules against insurance coverage for COVID losses
The Wisconsin Supreme Court ruled on Wednesday, June 1, that businesses are not entitled to insurance coverage for losses resulting from the COVID-19 pandemic and related public safety restrictions. As reported by Reuters, the midwestern state’s highest court ruled unanimously that government-imposed indoor dining restrictions should not trigger coverage under property insurance policies, […]