Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Hundreds Rescued From Flooding in Florida Panhandle, Coastal Alabama
May 1 2014 // People were plucked off rooftops or climbed into their attics to get away from fast-rising waters when nearly 2 feet of rain fell on the Florida Panhandle and Alabama coast in the span of about 24 hours, the latest bout of...
Burns & Wilcox Announces 2 Hires for New Florida Office
May 1 2014 // Burns & Wilcox Brokerage has hired Joe Gajewski and Clay Kadlic for its newly opened Tampa, Florida, office. In his new role as vice president at Burns & Wilcox Brokerage, Gajewski will lead the new Tampa office...
Florida Lawmakers Pass Homeowners’ Rights Bill With Credit Restriction
May 1 2014 // Insurers in Florida could not use credit information to deny a claim or cancel a policy under a bill now headed to the desk of Florida Gov. Rick Scott. The Florida House voted unanimously for a bill that would also create...
Evanick Joins Ted Todd Insurance in Florida
May 1 2014 // Teodora Evanick has joined the Ted Todd Insurance Agency at its corporate headquarters in Bonita Springs, Florida. She will manage the agency’s day-to-day accounting activities. Initial responsibilities include...
Florida House Nixes Shifting Citizens Policies to Surplus Lines
Apr 30 2014 // The Florida House has rejected a proposal that could shift homeowners away from the state-backed Citizens Property Insurance and into private surplus lines insurers. The Florida Senate last week narrowly voted for a...
Severe Weather Continues; Florida, Alabama Suffer Flooding
Apr 30 2014 // The Florida Panhandle and the Alabama Gulf Coast are dealing with severe flooding from torrential rains as a storm system continues to batter the Southeast. The death toll from the dozens of tornadoes, heavy rains and...
Southern Oak to Assume Up to 10,000 Florida Citizens Policies
Apr 29 2014 // The Florida Office of Insurance Regulation has approved the removal of up to 10,000 multi-peril personal residential policies from Citizens Property Insurance Corp. to Southern Oak Insurance Co. This action is part of the...
Owner of Florida Floating Home Still Fighting City Over Compensation
Apr 29 2014 // A Florida man won a precedent-setting victory last year when the U.S. Supreme Court agreed with him that his floating home was a house, not a vessel covered by maritime law. But so far the ruling hasn’t helped him...
Roth to Retire, Replaced by Kinsey at Fireman’s Fund in Florida
Apr 29 2014 // Lee Roth will be retiring from Fireman’s Fund Insurance Co., and Joe Kinsey, who has reported to Roth for the past two years, has been named her successor. Roth will be retiring on May 1. Kinsey will work out of the...
Florida’s Citizens Readies $1.5 Billion Catastrophe Bond Deal
Apr 28 2014 // Florida’s largest property insurer is preparing to transfer $3.1 billion in risk through a combination of reinsurance catastrophe bonds, including a $1.5 billion deal that is the largest of its kind on record. The...
Surplus Lines Insurers Could Pick Up Citizens Policies Under Senate Bill
Apr 28 2014 // Homeowners seeking coverage from Citizens Property Insurance could wind up getting policies from out-of-state insurers that are exempt from many of the state regulations other insurers must honor. The Florida Senate on...
Insurers Cooperated in Writing of Florida Rule on Gun Ownership
Apr 27 2014 // Florida lawmakers have approved legislation that supporters say will uphold a policyholder’s constitutional right to bear arms by preventing insurers from using gun ownership in underwriting. The Florida House of...
Florida’s Heritage Insurance Hopes to Raise $100 Million in IPO
Apr 25 2014 // A Florida property insurer that provides insurance coverage to 128,000 homeowners is planning to go public by issuing an initial public offering (IPO) that could result in the insurer raising up to $100 million in new...
Florida Ban on Gun Ownership in Insurance Underwriting Goes to Governor
Apr 24 2014 // A Florida bill that would forbid insurance companies from refusing to serve or charging higher rates to applicants based on their ownership of a firearm has been sent to Gov. Rick Scott to sign. The measure passed the...
MEMIC Adds to Underwriting Teams in Virginia, Maryland and Florida
Apr 24 2014 // The MEMIC Group has appointed three underwriters for its territories in Virginia, Maryland and Florida. Timothy Cook, Michael Diamond and Scott Meinke joined the group’s underwriting team as senior production...
Florida’s Citizens to Shave Operating Costs by Consolidating Offices
Apr 23 2014 // Florida’s state-backed property insurer is seeking to control its operating costs by consolidating its office space, a move expected company officials say could save almost $12 million over the next five...
Florida Supreme Court Leaves PIP Reforms Intact
Apr 23 2014 // The Florida Supreme Court has declined to review the state’s no-fault automobile insurance personal injury protection (PIP) reforms that were designed to lower the cost of the coverage by targeting fraud and...
Florida Constitutional Amendment on Medical Malpractice Caps Urged
Apr 22 2014 // Following a Florida Supreme Court decision that struck down caps on certain awards in medical malpractice lawsuits, the members of a 2002 task force that supported those caps are calling for a constitutional amendment that...
Florida Court Finds Law Protects Against Pregnancy Discrimination
Apr 21 2014 // The state’s civil rights laws include the protection of women discriminated against for pregnancy, the Florida Supreme Court ruled Thursday. The opinion finds that the intent of current statute, though not explicitly...
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