Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Firms Hit by Harvey, Irma Hope Business Interruption Coverage Pays Off
Sep 18 2017 // Business owners who are trying to get back on track after hurricanes Harvey and Irma now face a different sort of challenge: trying to recoup lost income from their insurers. Exclusions in the fine print of policies, along...
What Went Wrong at Florida Nursing Home Where 8 Residents Died
Sep 18 2017 // The first 911 call from the Rehabilitation Center at Hollywood Hills didn’t sound ominous: A nursing home patient had an abnormal heartbeat. An hour later, came a second call: a patient had trouble breathing. Then...
A.M. Best: Hurricane Irma to Test Florida Market Newbies
Sep 18 2017 // Although insured losses as a result of Hurricane Irma will not be as severe as originally forecast, the storm still represents a sizeable catastrophe event that will test the infrastructure and potentially strain the...
Florida Workers’ Comp Premiums Going Down?
Sep 18 2017 // Just under a year since Florida workers’ compensation rates shot up by 14.5 percent, Florida businesses may get some relief in their workers’ comp premiums. The National Council on Compensation Insurance (NCCI)...
Hurricane Costs Become Talk of Monte Carlo’s Reinsurance Rendezvous
Sep 18 2017 // As Hurricane Irma battered Florida, the cream of the insurance world — gathered in Monte Carlo — was assessing the costs of the storm for the global industry. The takeaway so far: Irma and its predecessor,...
8 Patients Killed in Florida Nursing Home After Irma-Related Power Outages
Sep 15 2017 // Eight patients at a sweltering nursing home died after Hurricane Irma knocked out the air conditioning, raising fears about the safety of Florida’s 4 million senior citizens amid power outages that could last for...
FEMA: 25% of Florida Keys Homes Destroyed by Irma
Sep 14 2017 // Overturned trailer homes are shown in the aftermath of Hurricane Irma, Monday, Sept. 11, 2017, in the Florida Keys. (Matt McClain/The Washington Post via AP, Pool) With 25 percent of the homes in the Florida Keys feared...
Fitch Expects Most Insurers, Reinsurers to Handle Losses from Both Harvey, Irma
Sep 14 2017 // Fitch Ratings reported that based on its initial assessments, most U.S. insurance companies and global reinsurers that it rates are not expected to be downgraded as a result of the combined effects of Hurricanes Irma and...
Irma’s Path, Girth Created Bizarre Storm Surge in Florida
Sep 14 2017 // Hurricane Irma’s devastating storm surge came with weird twists that scientists attribute to the storm’s girth, path and some geographic quirks. A combination of storm surge, heavy rains and swollen rivers sent...
Florida Insurance Regulator Issues Irma-Related Emergency Order
Sep 14 2017 // The Florida Office of Insurance Regulation has suspended and activated certain insurance rules and statutes for the health, safety, and welfare of Florida’s policyholders in the aftermath of Hurricane Irma, according...
Seeman Holtz Property & Casualty Acquires Stirling Insurance of Florida
Sep 14 2017 // Seeman Holtz Property & Casualty, Inc. (SHP&C) has acquired Stirling Insurance Services, Inc., headquartered in Boca Raton, Florida. Stirling has served all of Florida for over 28, led by Terry Sgammato and his...
Florida Begins Slow Recovery After Irma’s Hard Hit
Sep 13 2017 // In this Monday, Sept. 11, 2017, photo provided by DroneBase, people trudge through floodwaters in the aftermath of Hurricane Irma in Jacksonville, Fla. In a parting blow to the state, the storm caused record flooding in...
Irma’s Path Through the Southeast Causes Flooding; Kills 2 in Georgia, 2 in South Carolina
Sep 13 2017 // Joey Spalding walks back to his truck down the street where he lives, Monday, Sept. 11, 2017, on Tybee Island, Ga. Spalding just finished repairing his house from nine inches of water after Hurricane Matthew passed the...
Florida on Alert for AOB Abuse as Irma Recovery Begins
Sep 13 2017 // As Florida residents return home after being evacuated by Hurricane Irma, the pressure is on the insurance industry to keep a bad situation regarding assignment of benefits abuse in the state from getting worse. Florida...
Key Items to Remember After the Storm Passes Over
Sep 13 2017 // I wasn’t planning on writing about hurricane season again, but circumstances made it feel like the right thing to do. This hurricane season is already memorable, and it’s still got over two months to go. The...
Hurricane Irma Adds to Pressure on New Greenlight Re Chief
Sep 12 2017 // Hedge fund manager David Einhorn has endured a number of losing bets at his insurance venture. Now, the weather is becoming a threat for his Greenlight Capital Re Ltd. The company’s stock has slumped about 9 percent...
How ‘Bermuda High’ Threw Irma and Damage Estimates Off Course
Sep 12 2017 // Twenty miles may have made a $150 billion difference. Estimates for the damage Hurricane Irma would inflict on Florida kept mounting as it made its devastating sweep across the Caribbean. It was poised to be the costliest...
Florida Residents Return to Irma’s Battered Homes, Flooded Streets, Power Outages
Sep 11 2017 // Storm-shocked Floridians returned to shattered homes on Monday as the remnants of Hurricane Irma pushed inland, leaving more than half of all state residents without power and city streets underwater from Orlando and...
Florida ‘Dodged a Cannon’ as Irma Swerved and Weakened
Sep 11 2017 // Florida is drenched, tattered — but fortunate. Hurricane Irma weakened as it moved past Tampa on Monday, leaving in its wake a state that avoided the worst predictions of its destruction by sea and storm. By one...
Insurers Gain as Shifty, Weakened Irma May Not Be as Damaging as Feared
Sep 11 2017 // Insurers jumped in markets from Europe to Florida amid signs that predictions about Hurricane Irma’s damage were excessively dire. Giant reinsurers like Swiss Re and Munich Re, which shoulder risks for local insurers...
