Florida News

Insurance Association to Hold 45th Annual Convention and South Florida’s Largest Insurance Trade Fair

The convention will run from August 5-9 at the Diplomat Resort & Spa Hollywood with the Trade Fair on Friday, August 8th. Miami, FL, June 21 2015—Over 1,000 insurance agency owners, brokers, agents, customer service representatives and administrators from across …

Florida Strip Club Company to Pay $6M Settlement in Dancer Wage Lawsuit

A company that owns strip clubs in Florida and Ohio has reached a $6 million settlement in a class action lawsuit led by a former exotic dancer. Under the terms of the settlement approved by a federal judge this week, …

Price Declines Slow on June U.S. Reinsurance Renewals: Guy Carpenter

After two years of price decreases averaging 15 percent on U.S. property catastrophe placements, risk-adjusted pricing moderated at the most recent June renewals. Reinsurance broker Guy Carpenter & Co. reported that the price declines are averaging in the high single …

El Amrani Awarded Matt Wells Producer School Scholarship

Kimberly El Amrani is the recipient of The Matt Wells Scholarship for The National Alliance Producer School on May 13-15 in Tallahassee, Fla. El Amrani is the principal owner/agent with Prime Insurance Group LLC, in Henrico, Va. Selected for her …

US Assure Earns Industry Honors

Zurich award, industry association designation demonstrate company’s accomplishments Jacksonville, FL, February 18, 2015 – US Assure, a leading program administrator and insurance services provider with four decades of insurance success, recently won two prestigious industry honors—Zurich’s Spirit of Excellence award …

United Insurance Holdings Completes Family Security Acquisition

United Insurance Holdings Corp., a Florida-based property and casualty insurance holding company, has closed its acquisition of Family Security Holdings LLC (FSH) and its subsidiaries, which have operations in Hawaii and Louisiana. FSH has two wholly-owned subsidiaries: Family Security Insurance …

After 17 Years, Florida-Nebraska Insurance Dispute Continues

Seventeen years after it started, a multimillion-dollar insurance dispute between the state of Florida and a Nebraska company continues to meander through the courts. The Nebraska Supreme Court has already ruled on aspects of the case four times, and the …

Don’t Let Sinkhole Coverage Fall through the Cracks

This post is part of a series sponsored by CoreLogic. Owning a home is one of the largest investments most Americans will ever make and yet few homeowners understand that comprehensive sinkhole coverage is not part of a standard homeowner’s …

Progressive Announces New Boat Coverages in Florida

The Progressive Group of Insurance Cos., which insures more than one million watercrafts nationwide, has launched a line of new boating coverage options targeting Florida’s large population of boating enthusiasts. The Mayfield Village, Ohio-based company noted data from the National …

Maximum Adds E&S Sales Teams in Chicago, Florida

Maximum, an independent, Chicago, Ill.-based excess and surplus lines wholesale distributor, announced further expansion to its sales team. Chicago additions include Patrick O’Donoghue to the professional practice and Chrissy Fisher to the casualty practice. Heather Hudson, in the Daytona Beach, …