Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Iowa Pulls Florida Man’s Non-Resident Producer License for ‘Bait, Switch’ Tactics
Sep 25 2018 // The Iowa Insurance Division has ordered Covals Douze, of Coconut Creek, Florida, to pay administrative fines and fees totaling $43,895 and revoked his non-resident insurance producer license in a “bait and...
Brown & Brown Acquires Vandroff Insurance Agency of Florida
Sep 24 2018 // Brown & Brown of Florida, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Vandroff Insurance Agency, Inc., according to J. Scott Penny, chief acquisitions officer of Brown...
BKS-Partners Forms Partnership with Montoya & Associates of Florida
Sep 21 2018 // Baldwin Krystyn Sherman Partners (BKS-Partners), an insurance brokerage and risk management firm headquartered in Tampa, Fla., has partnered with Montoya & Associates of Jacksonville, Fla. The partnership finalized on...
Florida Appeals Court Deals Insurers a Win in AOB Fight with Policy Language Ruling
Sep 20 2018 // In a significant turn of events in the insurance industry’s fight against Florida assignment of benefits (AOB) abuse, Florida’s Fourth District Court of Appeal (DCA) has ruled that an insurer’s...
Business Moves
Sep 17 2018 // Hub International, Kilbride & Harris Insurance Services Hub International Ltd., a global insurance brokerage, has acquired the assets of Kilbride & Harris Insurance Services LLC. Terms of the acquisition were not...
Florida Workers’ Comp Rates Going Down Again, But Future Challenges Remain
Sep 17 2018 // Florida businesses could see another significant rate decrease in workers’ compensation rates next year if Florida regulators approve the latest filing from the National Council on Compensation Insurance (NCCI). But...
How to Help Clients with Disaster Claims and Avoid Agency E&O Claims
Sep 12 2018 // In an online discussion on agency errors and omissions (E&O) exposures following Hurricanes Harvey and Irma, Florida Association of Insurance Agents’ (FAIA) David Thompson, insurance educator for more than 20...
Large Hole Opens Between 2 Homes in Florida
Sep 10 2018 // A large hole has opened between two homes in a gated community in Florida. Pasco County officials said in an email sent Sept. 5 that about half of the hole – which is 40-feet (12-meters) across and 20-feet (6-meters)...
Florida-Based Heritage Taps Soleimani as Director of Investor Relations
Sep 10 2018 // Heritage Insurance Holdings, Inc., a Florida-based property and casualty insurance holding company, has added Arash Soleimani to its management team as an executive vice president and director of Investor...
Weinstein Insurance Services of Florida Merges with NSI Insurance Group
Sep 7 2018 // NSI Insurance Group has expanded its South Florida operations through a merger with Weinstein Insurance Services, an independent agency in Coral Gables, Fla. Weinstein Insurance Services President Jay Weinstein and his...
Crane Collapses Through Home in Florida Neighborhood
Sep 6 2018 // Officials say a crane collapsed onto a house in a Florida neighborhood, tearing a large gash in its roof. The Orlando Fire Department says the crane fell over Tuesday in the upscale Baldwin Park neighborhood. No injuries...
Florida Insurance Chief Warns of AOB Scams as Storm Gordon Lingers Over Gulf Coast
Sep 5 2018 // Florida’s top insurance regulator has issued a warning to residents facing damage from Tropical Storm Gordon, the first major storm to impact the state in the 2018 Hurricane Season. Florida Insurance Commissioner...
Update: Tropical Storm Gordon Weakens as It Makes Landfall
Sep 4 2018 // Tropical Storm Gordon weakened after making landfall just west of the Alabama-Mississippi border and lashing the U.S. Gulf Coast with high winds and heavy rain early on Wednesday, the U.S. National Hurricane Center (NHC)...
A Tale of Two Floridas: Hurricane Irma’s Belated Impact on Reinsurers
Sep 3 2018 // Reinsurers expressed different views of loss developments related to Hurricane Irma, when executives reviewed the impact of the Florida event on second-quarter earnings reports last month. Everest Re was among those...
Florida Citizens Chair Gardner Resigns, Aubuchon to Head in Interim
Sep 3 2018 // Christopher Gardner, chairman of the Board of Governors of Citizens Property Insurance Corp., Florida’s insurer of last resort, has resigned. Gary Aubuchon, formerly vice chair, has been appointed interim chair by...
Holman Insurance Services Expands Offerings in Florida, Acquires Murray Insurance
Aug 31 2018 // Holman Insurance Services, a full-service brokerage offering personal and commercial insurance products headquartered in New Jersey, has expanded its personal insurance coverage into the Florida market. Offering a...
Shooting at Florida Gaming Tournament Highlights Event Security Issues
Aug 30 2018 // A champion gamer’s decision to open fire Sunday afternoon during a video competition in Jacksonville, Fla. – killing two people and wounding nine others before killing himself – has prompted calls from gamers for...
P/C Insurance Industry Delivered Improved Results in First Half
Aug 29 2018 // Mid-year results for U.S. property/casualty insurers and reinsurers show they are on the mend following a trying 2017, according to Fitch Ratings. Operating performance moderately improved for P/C (re)insurers during the...
NCCI Proposes 13% Rate Decrease for Florida Workers Comp, Notes Future Challenges
Aug 29 2018 // Florida businesses could see another significant rate decrease in workers’ compensation rates next year if Florida regulators approve the latest filing from the National Council on Compensation Insurance (NCCI). But...
Serial Arsonist Arrested for Torching RVs at Florida Dealership
Aug 28 2018 // A serial Florida arsonist has been arrested and charged with 10 counts of 2nd degree arson in Palm Beach County for setting fires to $300,000 worth of RVs, according to a statement from Florida CFO and State Fire Marshal...
