Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Citizens’ Takeout Program Undergoing Changes; Says Assessments Unlikely
Dec 11 2014 // 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 Approves Another Round of Citizens Takeouts
Dec 9 2014 // The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 132,441 personal residential policies and 500 commercial residential polices from Citizens Property Insurance Corp. as part of the...
In Florida, 3 Dead After Vehicle Strikes, Kills Black Bear
Dec 9 2014 // After a woman’s vehicle struck and killed a black bear on a road in the Florida Everglades, three others from another vehicle who tried to help the woman were then killed by a third vehicle. Several others were...
InsureZone Agency Network Enters Florida, Offering Markets
Dec 5 2014 // Fort Worth, Texas-based InsureZone, a national brokerage and agency network, has launched operations in Florida. The new operation, Florida InsureZone Direct (IZD), is targeting small-to-midsized insurance agencies,...
S&S Insurance Solutions of Florida Acquires Imperial Insurance
Dec 4 2014 // S&S Insurance Solutions of Florida, a division of East Providence, Rhode Island-based Starkweather & Shepley Insurance Brokerage, has acquired Imperial Insurance of Naples, Florida. Terms of the transaction were...
Regions Insurance Opens Florida Office with Acquisition of Teaberry Business
Dec 2 2014 // Regions Insurance, an affiliate of Regions Bank, has opened an office in St. Petersburg, Florida after agreeing to purchase the accounts of Teaberry Health and Welfare Benefits Practice. Financial terms of the agreement...
Florida Supreme Court Weighs Workers’ Comp Attorney Fee Schedule
Dec 1 2014 // The Florida Supreme Court is considering whether to declare the state’s workers’ compensation attorney fee schedule unconstitutional. The court recently heard oral arguments in a case (Castellanos v. Next Door...
PCI Names Midwest, Southeast Government Relations Managers
Dec 1 2014 // The Property Casualty Insurers Association of America (PCI) has named Hilary Segura and Logan McFaddin as the latest additions to its state government relations team. Hilary Segura and Logan McFaddin will take over...
2014 State Specialist P/C Insurers Revealed
Dec 1 2014 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners (NAIC). The 11...
Removing Barriers to More Private Flood Insurance
Dec 1 2014 // A House Financial Services subcommittee recently held hearing to focus attention on legislation sponsored by two Florida representatives who want to encourage more flood insurance sales by private insurers as an...
Florida CFO Arrests 5 in Alleged Staged Accident Insurance Fraud
Nov 26 2014 // Florida Chief Financial Officer Jeff Atwater announced the arrest of five individuals on grand theft and insurance fraud charges for their involvement in an alleged staged accident. Officials said the alleged scam resulted...
Don’t Let Sinkhole Coverage Fall through the Cracks
Nov 26 2014 // This post is part of a series sponsored by CoreLogic. Owning a home is one of the largest investments most Americans will ever make and yet few homeowners understand that comprehensive sinkhole coverage is not part of a...
Old Republic National Title Moving Domicile to Florida from Minnesota
Nov 21 2014 // One of the largest title insurance underwriters in America has decided to make Florida its new company home. Old Republic National Title Insurance Co., currently based in Minneapolis, Minnesota, already writes more title...
Florida Company Reaches $40M Settlement Over Illegal Fax Ads
Nov 20 2014 // A Jacksonville-based company has reached a $40 million settlement in a class action lawsuit over claims the company sent unsolicited fax advertisements to consumers. A federal judge will still need to approve the...
House Subcommittee Renews Call for Private Flood Insurance
Nov 19 2014 // A House Financial Services subcommittee scheduled a hearing for today to focus attention on encouraging flood insurance sold by private insurers as an alternative to policies sold by the National Flood Insurance Program...
Michigan Court: Agents May Not Be ‘Professionals’ Under Malpractice Definition
Nov 19 2014 // Is an insurance agent a “professional” when it comes to whether or not he or she may be charged with malpractice? Not necessarily, a Michigan state appeals court has said. The Michigan Court of Appeals made...
PIA of Florida, National Insurance Underwriters Launch E&O Partnership
Nov 18 2014 // The Professional Insurance Agents of Florida Inc. (PIA of Florida) has tapped National Insurance Underwriters (NIU) as the official underwriter of its insurance agents’ professional liability errors and omissions...
Victims Stymied in Access to Others’ Air Bag Liability Settlements
Nov 18 2014 // Confidential settlements over defective Takata Corp. air bags are sealing off relevant information that other victims could use to pursue injury claims. The accords make financial sense for the settling parties, but Takata...
Florida Motorists Kill Record Number of Endangered Panthers
Nov 18 2014 // A record set in 2012 for the number of endangered panthers killed by vehicles has been matched in southwest Florida. Florida Fish and Wildlife Conservation Commission officials say a panther whose carcass was found last...
Florida Gov. Scott Facing Rising Seas, Climate Change Politics
Nov 17 2014 // When Florida Governor Rick Scott won re-election Nov. 4, he triumphed over both his Democratic challenger and California billionaire Thomas Steyer, who spent $20 million painting him as a climate-change denier. Scott, a...
