Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
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...
Blanch Appointed President of Florida Flood Insurer TypTap
Jun 7 2016 // HCI Group, Inc. (HCI) has appointed Ted Blanch as president of TypTap Insurance Company, HCI’s new online insurance company. Blanch brings years of industry experience to TypTap, which offers an online platform to...
Update: Tropical Storm Colin Moving Out to Sea; Heavy Rain, Atlantic Storm Surge Threats Remain
Jun 7 2016 // Tropical Storm Colin moved out to sea early Tuesday after knocking out power to thousands, prompting Florida Governor Rick Scott to declare a state of emergency. The threat of a storm surge flooding shifted to the Atlantic...
Tropical Storm Colin Prompts Flood Warnings in Florida, Georgia
Jun 6 2016 // A disorganized Tropical Storm Colin in the Gulf of Mexico is expected to cross Florida overnight threatening evacuations in the state’s northern and central regions before striking the Georgia and South Carolina...
Assurant Joins Florida’s Private Flood Market
Jun 6 2016 // Assurant, Inc. has launched Assurant Primary Flood Insurance for Florida customers. The new Assurant Primary Flood Insurance offers structural coverage up to $800,000 and up to $250,000 in contents coverage, at competitive...
Fitch: Florida Specialist Insurers Largely Untested By Hurricanes
Jun 2 2016 // The majority of Florida’s homeowner specialist insurers have brief histories, and their ability to manage a large catastrophic hurricane is uncertain despite recent strong performance, according to a new report from...
Tower Hill Insurance Launches Private Flood Program in Florida
Jun 2 2016 // Tower Hill Insurance has expanded its residential property insurance coverage offerings in Florida to include stand-alone flood policies with coverage up to $5 million. Standard coverage through the National Flood...
Reinsurance Rates Continued Stabilization Trend at June Renewal; Florida Down Just 3.1%: JLT
Jun 1 2016 // Reinsurance rate declines continued to slow at the June 1 renewal, reaffirming a trend of gradual price stabilization that first emerged during last year’s June renewal season, according to reinsurance brokerage JLT...
Atlantic, Gulf States, Metro Areas Ranked by Homes Exposed to Storm Surge: CoreLogic
Jun 1 2016 // More than 6.8 million homes on the Atlantic and Gulf coasts are in danger of hurricane storm surge damage. The total cost for reconstruction of the homes located in 19 states and the District of Columbia is more than $1.5...
Risk Strategies Establishes Florida Footprint With Acquisition of Atlass Insurance
Jun 1 2016 // Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has acquired Florida-Based Atlass Insurance Group, significantly adding to the resources of its Private Client...
NCCI Seeks to Raise Florida Workers’ Comp Rates by 17% in Light of Court Ruling
May 31 2016 // Florida businesses could soon be paying almost 20 percent more for workers’ compensation coverage. In response to a recent decision from the Florida Supreme Court, the National Council on Compensation Insurance...
Florida ‘Drug Pusher’ Doctor Sentenced to 25 years for Patient Deaths
May 26 2016 // A federal judge in Tampa, Fla., has sentenced a 76-year-old doctor to 25 years in prison for the deaths of three patients who were prescribed pain medications at his clinic. U.S. District Judge James D. Whittemore told...
Citizens Board Approves $2.46B Risk Transfer Program for 2016 Hurricane Season
May 25 2016 // Florida’s Citizens Property Insurance Corporation’s Board of Governors has approved a $2.46 billion risk transfer program as the state heads into the 2016 hurricane season, the insurer said in a statement. By...
The Villages Insurance Hires Shannon as Advisor in Florida
May 24 2016 // The Villages Insurance Agency has hired Jason Shannon as advisor for its Commercial Risk Management Division. The Commercial Risk Management Team specializes in protecting business owners and their employees...
New Florida Insurance Commissioner Altmaier Takes the Reins
May 23 2016 // David Altmaier After nearly 13 years, Florida has a new insurance commissioner. The Florida Cabinet appointed David Altmaier April 29 to succeed long-time insurance commissioner Kevin McCarty, who announced earlier this...
Business Moves
May 23 2016 // Confie, Automobile Insurance Specialists Inc., Trinity Insurance LLC, Whitehead Insurance Inc. Confie has acquired three insurance agencies in Las Vegas, South Florida, and Washington State. Confie acquired the assets of:...
PartnerOne Environmental Adds Huitt, Maxwell to New Jacksonville, Florida Office
May 22 2016 // PartnerOne Environmental has opened a new regional office in Jacksonville, Fla., and added Michelle Huitt as assistant vice president and Marie Maxwell as underwriter. The new team members will help manage the PartnerOne...
Florida Construction Company Owner Nabbed in Workers’ Comp Fraud Scheme
May 22 2016 // The owner of a construction company in Naples, Fla., was arrested this month for an alleged workers’ comp scheme, according to an announcement from Florida Chief Financial Officer Jeff Atwater. Raimundo...
Report: Florida Boating Accidents Increase, Fatalities Decline
May 20 2016 // A report shows the number of boating accidents in Florida sharply increased in 2015 over 2014, despite there being a 25 percent decrease in fatalities. The Florida Fish and Wildlife Conservation Commission says in a...
Nenezian to Retire from Florida-Based NSI Insurance, Seikaly Becomes Chairman
May 20 2016 // Oscar Seikaly has purchased the remaining stake in Florida-Based NSI Insurance Group from long-time partner and company founder George Nenezian, who concurrently announced his retirement. A privately held insurance agency,...
