Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
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...
Florida to Interview 2 More for Insurance Commissioner, McCarty Delays Departure
Apr 22 2016 // The Florida Cabinet will interview two new candidates for the soon-to-be-open Florida insurance commissioner post at its April 26 meeting, in addition to the two candidates interviewed last month. In the meantime, current...
Florida Commissioner McCarty Saying Goodbye: ‘It’s Been a Labor of Love’
Apr 21 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...
South Florida Zoo Reopens After Deadly Tiger Attack
Apr 20 2016 // The South Florida zoo where a veteran keeper was attacked and killed by a Malayan tiger reopened Monday as authorities from several local, state and federal agencies continue investigating what led to the deadly attack on...
Commentary: Navigating Florida’s Comparative Fault Statute
Apr 20 2016 // During the life of a Florida claim, risk managers, adjusters or clients often ask, “What kind of jurisdiction is Florida for fault?” And all too often, the answer given since 2006 is, “purely...
NFL and Brain Injury
Apr 18 2016 // More than 40 percent of retired National Football League (NFL) players in a recent study had signs of traumatic brain injury, according to medical researchers from Florida. The findings were based on sensitive MRI scans...
Florida Insurer Launches Company Offering Admitted, Standalone Flood Coverage
Apr 18 2016 // A Florida-based homeowners insurer has beefed up its flood insurance offering with the launch of a new flood-coverage only company called TypTap. The new company, a wholly owned subsidiary of Homeowners Choice Property...
