Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Broker AmPro to Open Tampa Office, Hires Smid as Senior Broker
Jan 16 2015 // Florida-based American Professional Liability Underwriters, Inc. (AmPro) has added Gary Smid as a senior broker to its new office opening in Tampa. Smid has more than 18 years of insurance underwriting experience,...
Florida Court Upholds Workers’ Compensation ‘Exclusive Remedy’
Jan 16 2015 // Florida’s insurers are breathing easier after the state’s high court ruled that the workers’ compensation law bars injured workers from seeking additional benefits in civil court. The Florida Supreme...
Florida Approves Removal of 93,500 Policies from Citizens
Jan 14 2015 // The Florida Office of Insurance Regulation has approved the removal of up to 93,000 personal residential policies and 500 commercial residential polices from Citizens Property Insurance Corp. as part of the state’s...
Florida’s Citizens Settled Almost 70% of Sinkhole Claims in 2014
Jan 13 2015 // Citizens Property Insurance Corp. has reached settlement agreements with more than 1,650 Florida homeowners to end litigation on sinkhole repair cases that was delaying critical repairs to their properties. As of Dec. 15,...
Medical Marijuana Campaign Resumes in Florida
Jan 13 2015 // Proponents of medical marijuana have begun an encore campaign for legalization in the state of Florida, filing a rewritten ballot measure just two months after one narrowly failed to pass. Backers of the constitutional...
Florida’s Citizens Dealing with ‘Takeout Fatigue’
Jan 12 2015 // Faced with a rising number of consumer complaints, Florida’s state-backed property insurer has announced a series of changes to its takeout program. The news comes as the insurer said it is highly unlikely to need...
Florida Touts Workers’ Comp Market Competition But Warns on Court Rulings
Jan 12 2015 // Florida’s workers’ compensation market remains competitive and well-capitalized, with loss ratios that are among the lowest among larger states, according to a report from the state’s insurance...
2015 Insurance Industry Meetings & Conventions Directory
Jan 12 2015 // Welcome to Insurance Journal‘s 2015 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Reynolds Named President and CEO of Gulfstream P/C
Jan 9 2015 // Gulfstream Property and Casualty Insurance Co., a regional property carrier providing homeowners, renters, condominium and fire coverage in five states, has appointed industry veteran Douglas W. Reynolds as president and...
Florida PIP Report Shows Reduction in Rates and Fraud
Jan 9 2015 // Florida’s attempt to lower the cost of personal injury protection (PIP) automobile coverage is making progress as insurers’ rates have declined due in part to lower losses and fewer fraudulent claims. The...
FEMA Found to Have Overpaid Florida Residents by $177M
Jan 7 2015 // The federal agency that provides grants to states following a major catastrophe is under fire for providing Florida residents an estimated $177 million in funds that should have been covered by private insurers. A recent...
Florida’s Citizens Drops Coverage Limits on High-Value Properties
Jan 6 2015 // Florida’s state-backed property insurer is lowering the amount of coverage it provides for high-value properties from $1 million to $900,000, per a 2013 law change. Citizens Property Insurance Corp. is implementing...
Hub International Acquires Florida’s Smith Watson Parker Insurance
Jan 5 2015 // Global insurance broker Hub International Limited said it has acquired the assets of Smith Watson Parker Insurance, a Hollywood, Florida-based independent insurance brokerage. Terms of the acquisition were not...
Pill Mill Law Shifts Prescriptions From Opioids to Weaker Meds: WCRI
Dec 31 2014 // A law banning physicians from dispensing certain strong opioids discouraged the doctors from prescribing those drugs at all, according to a new study, which also found that the doctors dispensed weaker nonsteroidal...
Florida Equine Center Settles with Horse Feed Maker Over Poisonings
Dec 31 2014 // A Florida equestrian center where 22 horses were poisoned by tainted feed has reached a settlement with the company that produced and sold the feed. Two horses had to be euthanized last Friday, bringing the death toll at...
Most Popular Insurance Journal Southeast Stories of 2014
Dec 31 2014 // In 2014, Southeast readers of InsuranceJournal.com made news about Florida insurers, courts and politics along with North Carolina storms and homeowners insurance among the most popular stories of the year. With an...
Florida Appeals Court Ruling Opens Door for Cruise Line Malpractice Suits
Dec 24 2014 // Pasquale Vaglio, a retired New York City policeman and Korean War veteran, was on the cruise of a lifetime with 18 family members in the summer of 2001 aboard Royal Caribbean’s “Explorer of the Seas.”...
Florida Floating Home Owner Loses Another Round in Damages Battle
Dec 24 2014 // A South Florida man who two years ago won a U.S. Supreme Court case over the difference between a floating home and a vessel has lost a legal battle against the city of Riviera Beach. A federal jury last week sided with...
Florida Touts Workers’ Comp Market Competition But Warns on Court Rulings
Dec 23 2014 // Florida’s workers’ compensation market remains competitive and well-capitalized, with loss ratios that are among the lowest among larger states, according to the latest report from the state’s insurance...
Homeowners Choice Grabs 36,000 Policies from Florida’s Citizens
Dec 23 2014 // Homeowners Choice Property & Casualty Insurance Co. Inc. said it has assumed 36,000 policies from Florida’s Citizens Property Insurance Corp., of which an estimated 30,000 are wind-only. The assumptions,...
