Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Chairman of Florida Citizens Board Gardner Resigns, Aubuchon Appointed Interim Chair
Aug 24 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 as interim chair by...
Distributors Who Didn’t Get Rich Sue Herbalife Over ‘Circle of Success’ Events
Aug 23 2018 // Patricia and Jeff Rodgers figured they did everything right to get rich beyond their wildest dreams selling Herbalife health and personal care products. They attended all of the “Circle of Success” events,...
Former Jacksonville Jaguar Player Arrested in $78K Insurance Fraud Scheme
Aug 23 2018 // Former Jacksonville Jaguars NFL player and assistant coach Marlon Tarron McCree has been arrested for insurance fraud totaling nearly $78,000, according to a statement from Florida Chief Financial Officer (CFO) Jimmy...
Run-Off Venture Targets Florida Auto Insurer Peachtree Casualty for First Acquisition
Aug 22 2018 // International insurance and reinsurance company DARAG and U.S.-based acquisition specialist SOBC have formed a joint venture with SOBC DARAG in Delaware to support DARAG’s expansion into the U.S. and...
Baldwin Risk Partners of Florida Appoints Valentine as Chief Partnership Officer
Aug 21 2018 // Baldwin Risk Partners (BRP), the Tampa, Fla.-based insurance distribution and consulting holding company, is pleased to announce the appointment of John Valentine as chief partnership officer. Valentine joins BRP with more...
A Tale of Two Floridas: Hurricane Irma’s Belated Impact on Reinsurers
Aug 21 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 earlier this month. Everest Re was among...
Cabrillo Coastal Launches Flood Coverage Endorsement for Florida Homeowners
Aug 20 2018 // Cabrillo Coastal General Insurance Agency, headquartered in Gainesville, Fla., is now offering a flood endorsement for new or existing homeowners policies for their admitted programs in Florida. Cabrillo’s flood...
How Florida’s Flood Insurance Model Could Work Nationwide
Aug 20 2018 // While Congress works on various reforms to the National Flood Insurance Program (NFIP), the time is ripe for the private insurance market to step up and play a greater role in providing Americans needed flood...
Business Moves
Aug 20 2018 // TrueNorth, Gateway Insurance Services TrueNorth Companies has acquired Iowa-based Gateway Insurance Services, which will adopt the TrueNorth name and brand. With locations in Ames and Iowa Falls, Gateway Insurance Services...
New Florida Insurtech Agency HoneyQuote Looks to Shake-Up Agency Model
Aug 16 2018 // A new insurtech agency has entered the Florida homeowners market space with a rating engine offering quotes from multiple domestic carriers and the ability to purchase coverage in one transaction. HoneyQuote.com, launching...
Scott Declares State of Emergency Over Toxic Algae Bloom on Florida Coast
Aug 15 2018 // Florida Governor Rick Scott has declared a state of emergency in response to the impacts of red tide in Collier, Lee, Charlotte, Sarasota, Manatee, Hillsborough and Pinellas counties. The Executive Order 18-221 will...
Alera Group Acquires Barnes Insurance & Financial Services of Florida
Aug 15 2018 // Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Barnes Insurance & Financial Services (BIAFS) of Florida. BIAFS is a benefits agency with two...
Poll: Most Floridians Say They’re Prepared for Hurricanes, But Not Covered for Flood
Aug 14 2018 // Last year’s intense hurricane season has motivated most Florida residents to prepare for hurricanes that could hit the state this year, according to a recent survey by the Property Casualty Insurers Association of...
Toxic Algae Bloom Devastating Florida’s Gulf Coast
Aug 12 2018 // Tons of dead fish. A smell so awful you gag with one inhale. Empty beaches, empty roads, empty restaurants. A toxic algae bloom has overrun Florida’s southern Gulf Coast this summer, devastating sea life and driving...
Florida United Businesses Association to Offer Lancer Workers’ Comp Coverage to Members
Aug 9 2018 // The Florida United Businesses Association (FUBA) is now offering workers’ compensation coverage to small businesses across the state through Lancer Indemnity Co. of New York. The partnership marks FUBA’s switch...
Brightway Marketing Manager Mathewson Opens New Agency in Florida
Aug 9 2018 // After four years of building Brightway Insurance into a national brand as the company’s marketing manager, Nassau County resident, Lauren Mathewson, has teamed up with her family to open their own Brightway Agency,...
Seeman Holtz Property & Casualty Acquires JEM Insurance of Florida
Aug 7 2018 // Seeman Holtz Property & Casualty, Inc. is has acquired JEM Insurance Services, Inc, headquartered in Boca Raton, Fla. JEM Insurance Services has been serving the South Florida area for over 13 years. The agency offers...
Wells in Florida Town Test Positive for Chemicals
Aug 6 2018 // Low levels of cancer-causing chemicals have been found in three wells of a Florida town. Satellite Beach City Manager Courtney Barker said Wednesday that the chemicals are similar to ones used in fire extinguishing foams,...
Frontline Insurance Secures First Cat Bond of $350M for Southeast Storms
Aug 6 2018 // Swiss Re Capital Markets has structured and placed the issuance of $350 million of insurance-linked securities by Frontline Re Ltd. on behalf of Frontline Insurance. The transaction is Frontline’s debut catastrophe...
Security First Enters Florida’s Growing Private Flood Market
Aug 6 2018 // A new carrier has entered the Florida flood insurance market with a policy it says will provide better coverage than what is available from the National Flood Insurance Program. Ormond Beach, Fla.-based Security First...
