Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
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...
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...
