Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
For Florida Insurer American Integrity, Giving Back is Part of Company Culture
Dec 18 2017 // American Integrity Insurance Group’s charitable efforts have become an integral part of the company’s culture, and not just during the holiday season. The Florida-based insurer, which formed in 2006, began...
Florida Approves Statewide Homeowners Rate Increase of 6.6% For Citizens
Dec 18 2017 // The Florida Office of Insurance Regulation (OIR) has approved statewide rate increases on 2018 personal and commercial property insurance rates for Citizens Property Insurance Corp. OIR approved a statewide increase of 6.6...
Florida Disaster Fraud Team Investigation Leads to False Claim Arrest
Dec 15 2017 // A Florida man was arrested last month after he was caught lying to his insurance company in an attempt to file a false insurance claim for vehicle for damage allegedly caused by Hurricane Irma, according to a statement...
Florida Professor Fired for Saying Sandy Hook a Hoax in Blog Loses Lawsuit
Dec 14 2017 // A Florida college professor fired after publicly saying the Sandy Hook school shooting in Connecticut was a hoax has lost a lawsuit claiming he was wrongfully terminated. Local news outlets report that a federal jury on...
What to Know About the Senior Care Market
Dec 13 2017 // The aging U.S. population will create unprecedented demand for the senior living industry for decades to come and that opens the door for agents and brokers to grow their business in this sector. But understanding the...
Uncertainty Hangs Over Florida Citrus Growers After Irma’s Damage to Crops
Dec 13 2017 // Although the 2017-18 citrus harvest has barely begun, growers are already planning for the 2018-19 season, and they have critical decisions to make in the coming months that will affect next season’s crop and perhaps...
Special Reuters Report: The High Cost of Building in High Flood Risk Areas
Dec 12 2017 // When Hurricane Harvey sent two feet of water rolling into this small community about 35 miles north of Houston, Alfredo Becerra had to flee his modest 1,500-square-foot house. Muddy floodwater submerged the furniture and...
Heavy Snow Causes Problems Across the Southeast
Dec 11 2017 // An unusually heavy December snowfall across much of the Deep South tapered off Saturday, but icy road conditions left problems and thousands remained without electricity throughout the region. Forecasters warned that...
Florida AG Investigating Uber Over Data Breach Affecting 32K Drivers
Dec 7 2017 // Florida Attorney General Pam Bondi says that the state is now investigating ride-sharing service Uber over an alleged cover up of a national data breach. Bondi said Dec. 1 that her office has issued a subpoena to Uber. The...
Florida Approves 6.6% Statewide Homeowners Rate Increase for Citizens
Dec 7 2017 // The Florida Office of Insurance Regulation (OIR) has approved statewide rate increases on 2018 personal and commercial property insurance rates for Citizens Property Insurance Corp. OIR approved a statewide increase of 6.6...
Coverys Finalizes Acquisition of GIMC of Florida
Dec 5 2017 // On December 1, 2017, Coverys finalized the acquisition of Global Insurance Management Company, Inc. (GIMC), headquartered in Plantation, Fla. GIMC and its insurance subsidiary, Healthcare Underwriters Group, Inc., provide...
Workers’ Comp Carrier Guarantee Insurance Declared Insolvent by Florida Regulators
Dec 4 2017 // Florida insurance regulators have placed workers’ compensation carrier Guarantee Insurance Co. in receivership. According to documents from the Florida Office of Insurance Regulation (OIR), the company was materially...
People
Dec 4 2017 // Hudson Insurance Group has added Wallace Moreman as senior vice president. In this new position, Moreman will establish a subcontractor default insurance (SDI) business for Hudson. Christopher Gallagher, president and CEO...
Miami Woman Arrested Over Fraudulent Insurance Claims, Attempt to Steal $178K
Dec 1 2017 // A Florida homeowner was arrested for insurance fraud and grand theft following her attempt to file a damage claim against a new insurance policy after already receiving a $60,000 insurance payout from her former insurance...
Index Shows Where People Are Moving in Next Few Months
Nov 30 2017 // It’s possible to know where in the country more homebuyers will be moving over the next 30 to 90 days, thanks to what’s called a “pre-mover” index. It turns out that the U.S. markets with the...
Florida’s Hurricane Irma Recovery: The Cost, The Challenges, The Lessons
Nov 30 2017 // The hurricane season is officially over, but it didn’t go by without leaving a major mark on Florida and its insurance industry. Hurricane Irma, a name most in the state won’t soon forget, first hit the Florida...
Another Insurance Fraud Reminder
Nov 29 2017 // Two recent stories in Insurance Journal caught my eye and gave me this topic. Florida Puts Worker’s Comp Carrier Guarantee Insurance In Receivership Florida Keys Insurance Agent Accused of Defrauding Citizens...
Lawsuit Claims Florida is Ignoring Medical Marijuana Law
Nov 29 2017 // A Florida nursery and a man who suffers from epilepsy filed a lawsuit against Gov. Rick Scott’s administration that contends that state officials are flouting the state’s new medical marijuana law. It’s...
Patriot National to Reorganize for Acquiring Lenders; Subsidiaries to File Chapter 11
Nov 29 2017 // Patriot National Inc., which provides technology, outsourcing and underwriting services to the insurance industry, has announced a plan of reorganization as part of a restructuring support agreement (RSA) with its lenders,...
2017 Hurricane Season Ranks as Costliest Ever for U.S.
Nov 28 2017 // This year’s U.S. Atlantic hurricane season is officially the most expensive ever, racking up $202.6 billion in damages since the formal start on June 1. The costs tallied by disaster modelers Chuck Watson and Mark...
