Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Assurant to Offer Private Flood Insurance in Florida
May 17 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...
Florida Hurricane Fund Financially Sound, Ready for Storm Season
May 16 2016 // Florida’s continued lucky streak when it comes to dodging hurricanes is helping a key state fund reach its best financial shape ever in the two decades it has been in place. The state-created fund known as the...
American Strategic Insurance in Florida Promotes Tharpe
May 16 2016 // American Strategic Insurance in St. Petersburg, Fla., has promoted Michael Tharpe to account executive for ASI’s National Accounts team. Tharpe has worked with ASI for five years, previously serving as account...
Edison Insurance Launches Online Quoting System for Florida Homeowners Coverage
May 12 2016 // Edison Insurance Co. has launched an online quoting system that offers specific premium quotes for homeowners insurance coverage in Florida. According to Clint Strauch, Edison Insurance president and co-founder, Edison has...
Citizens Implements Contract Changes to Address Florida Water Losses
May 10 2016 // Citizens Property Insurance Corp. is alerting policyholders to important policy changes beginning July 1 as part of the state-backed insurer’s efforts to improve communication and protect customers early in the...
Jury Convicts Florida Doctor of 162 Counts of Health Care Fraud
May 10 2016 // A federal jury has convicted a north Florida doctor of 162 counts of health care fraud. U.S. Attorney Christopher Canova said in a news release that 59-year-old Dr. Ona Colasante defrauded Medicare, Medicaid and Blue Cross...
Main Street America Promotes Osman, Appoints 3 Officers in Florida
May 6 2016 // The Main Street America Group announced the promotion of one company officer to assistant vice president and the appointment of three new company officers in its Jacksonville, Fla., headquarters. Darryl Osman, currently...
Confie Buys Automobile Insurance Specialists, Trinity Insurance & Whitehead Insurance
May 6 2016 // Editor’s Note: This announcement has been updated to correct the name – Automobile Insurance Specialists Inc., based in Las Vegas. Confie has acquired three insurance agencies in Las Vegas, South Florida, and...
Up to 15,000 Policies Approved for Removal from Citizens by Florida
May 5 2016 // The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 15,000 personal residential policies from Citizens Property Insurance Corp. for the July 19, 2016 take-out period. The following company...
Florida Business Owner Arrested for $300K Workers’ Comp Scheme
May 4 2016 // An owner of a construction company in Orlando, Florida. is being charged with workers’ compensation premium fraud and engaging in an organized scheme to defraud, according to a statement from the Florida Department...
Special Report: Execs Warn of Impending Florida Market Crisis Over Water Loss Claims
May 3 2016 // Abuse of assignment of benefits (AOB) from water loss claims has become a full-blown Florida insurance crisis that will mean higher insurance rates next year and for the foreseeable future for every Florida policyholder,...
Florida Insurance Commissioner McCarty Signs Off: ‘It’s Been a Labor of Love’
May 2 2016 // It’s not for the faint of heart, I can tell you that… Anyone who comes in here and thinks it’s an easy job really does not have any idea what they’re getting into. But it’s been a...
Florida Picks Deputy Altmaier to Be Next Insurance Commissioner
Apr 29 2016 // The Florida Cabinet has selected David Altmaier to be the state’s new insurance commissioner. Altmaier, 34, is currently a deputy commissioner within the Florida Office of Insurance Regulation. He will replace Kevin...
Florida’s Universal Insurance Holdings Raises $10M in Share Sale
Apr 29 2016 // Florida-based Universal Insurance Holdings Inc. has raised an additional $10 million in capital by selling shares to one of its reinsurers. Universal said it sold 583,771 shares of common stock to RenaissanceRe Ventures...
Florida Braces for Rate Hikes, Litigation Due to Workers’ Compensation Fee Ruling
Apr 29 2016 // The Florida Supreme Court’s ruling that the state’s current attorney fee limits are unconstitutional will have serious ramifications on the workers’ compensation market in the state, according to Florida...
Florida Supreme Court Finds Attorney Fee Schedule Unconstitutional; Passes on Other Key Workers’ Comp Case
Apr 28 2016 // The Florida Supreme Court has ruled that the state’s mandatory attorneys’ fee schedule for workers’ compensation cases is unconstitutional under both Florida’s and the U.S. constitution as a...
Updated: Florida Supreme Court Declines Jurisdiction in Challenge to Workers’ Comp System
Apr 28 2016 // The Florida Supreme Court has ruled that it does not have jurisdiction in a case brought by an injured nurse that challenged the constitutionality of the entire Florida Workers’ Compensation system. In the case of...
Updated: Florida Gov, CFO at a Standstill Over Next Insurance Commissioner
Apr 27 2016 // For the second time in a month, Florida Gov. Rick Scott and Chief Financial Officer Jeff Atwater could not reach an agreement over who will become the next insurance commissioner for the state. At the April 26 Florida...
Key Florida Players to Highlight Importance of Catastrophe Reinsurance
Apr 25 2016 // Although the role of catastrophe reinsurance in a wind exposed region is intuitively obvious to an insurance professional and most insurer rating agencies, the need for transparency, education and open dialogue on this...
Outgoing Florida Commissioner McCarty Talks How He’s Changed, What’s Next
Apr 22 2016 // Serving in a highly-scrutinized government position like insurance commissioner for any state, let alone one facing such serious catastrophe risks as Florida, certainly has its challenges. Outgoing Florida Insurance...
