Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Prime Property & Casualty Expands into Florida Commercial Auto Market
Jun 24 2016 // Prime Property and Casualty Insurance Inc. (PPCI) has expanded into the Florida commercial auto market as an admitted carrier specializing in insurance products for distressed and substandard risks. PPCI is able to insure...
For Disney in Florida, Capturing ‘Nuisance’ Alligators Is Normal Part of Business
Jun 24 2016 // Walt Disney Co. has had more than 240 “nuisance” alligators captured and killed over the last 10 years at its Florida theme park property, according to state records. The records reveal the park’s...
Florida Workers’ Comp Fraud Sting Ends with 8 Arrests
Jun 23 2016 // A multi-agency undercover workers’ compensation sting in Polk County, Fla., led by the Florida Department of Financial Services’ (DFS) Division of Insurance Fraud (DIF), led to the arrests of eight individuals,...
Florida’s Citizens Says AOB Abuse to Blame for Statewide Rate Increase of 6.8%
Jun 23 2016 // Citizens Board of Governors has approved recommended rates for 2017 that equal an average rate increase of nearly 7 percent statewide. The company said the increase is a necessary response to rising non-weather water...
Vertafore Expands Comparative Rating System Into Florida Property Market
Jun 22 2016 // Vertafore, a provider of insurance technology, has added several new homeowner carriers to their flagship comparative rating system PL Rating, expanding the company’s reach into the Florida property market. Since its...
Integro Acquires Equine Broker Jerry Parks Insurance Group in Florida
Jun 22 2016 // International broker and risk management firm Integro Insurance Brokers has added to its livestock coverage capabilities with the acquisition of Ocala, Florida-based corporations Jerry Parks Equine Insurance, Inc. and...
A New Market For Distressed Commercial Auto Risks In Florida
Jun 21 2016 // Chicago, IL, June 21, 2016 – Prime Property and Casualty Insurance Inc. (“PPCI”) has rolled into the Florida commercial auto market as a bold new admitted carrier specializing in insurance solutions for...
Orlando Victims Watching Sandy Hook Gun Manufacturer Liability Case Opening Today
Jun 20 2016 // A case in Connecticut state court could help victims from mass shootings — including the recent massacre in Orlando — sue manufacturers of military style assault rifles used in the attacks, despite state and...
Florida Theme Parks Review Safety Policies After Fatal Alligator Attack
Jun 20 2016 // It’s an unwritten rule for Florida residents: Keep your kids away from ponds and lakes because alligators are everywhere. But after a gator killed a 2-year-old Nebraska boy at a Walt Disney World resort, attention...
Construction Market Keeps Building: Brokers’ Outlook on Current & Future Opportunities
Jun 20 2016 // Amid ups and downs, the construction market has seen steady growth over the past four years, and now construction insurance specialists believe the market is set to finally start to heat up. The intense competition has...
Business Moves
Jun 20 2016 // CMS, Diversified Professional Risk Managers CMS LLC, an insurance wholesaler based in Melville, N.Y., has acquired Diversified Professional Risk Managers in Rockville Centre, N.Y. Terms of the transaction were not...
Another Setback for Florida Workers’ Comp as Temporary Disability Benefit Cap Struck Down
Jun 20 2016 // The Florida Supreme Court has delivered another blow to Florida’s workers’ compensation system with a ruling that the state’s statutory 104-week cap on temporary disability benefits is...
People – Southeast
Jun 20 2016 // Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country, has added new agency owners in North Carolina and Florida. New...
Legal Experts Expect Disney to Settle If Family Sues Over Alligator Attack
Jun 17 2016 // June was supposed to have been a triumphant month for Walt Disney Co theme parks, with the flashy opening of a long-planned resort in Shanghai and a new Florida attraction based on its wildly popular animated movie...
Florida Insurer Security First Promotes DeVriese to Chief Administrative Officer
Jun 17 2016 // Florida-based homeowners insurance provider, Security First Insurance Co., has promoted Melissa Burt DeVriese to chief administrative officer. DeVriese will also retain her title of general counsel. With this promotion,...
Deadline Looms for Citizens Appointment Agreements Addressing Data Security
Jun 16 2016 // Appointed agents and agencies of Florida’s Citizens Property Insurance Corp. have just two weeks left to sign new appointment agreements or have their contract with the state-run insurer terminated. Agreements...
Storm Model Forecasts Beach Changes and How Far Ocean Will Overrun
Jun 14 2016 // When John Couch is certain a storm will hit Hatteras Island, he goes into action, moving merchandise in his auto parts store from bottom shelves to top ones and hauling away the most valuable items. But at 64 years old,...
Florida-Based Prepared Holdings to Review Strategic Opportunities
Jun 14 2016 // Prepared Holdings, LLC (PHLLC), the parent company of a consolidated group of companies writing personal homeowners’ lines of business in Florida and Louisiana, announced its Board of Managers has authorized a review...
Florida Supreme Court Strikes Down State Cap on Temporary Disability Benefits
Jun 9 2016 // The Florida Supreme Court has delivered another blow to Florida’s workers’ compensation system with a ruling today that the state’s statutory 104-week cap on temporary disability benefits is...
Jury Finds for University of Florida in Hiring Discrimination Suit
Jun 9 2016 // The University of Florida has prevailed in a lawsuit brought by a former faculty member. In the 2013 lawsuit Dana Peterson claimed he was denied a promotion to a director’s position because it was given to a...
