Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Regulator McCarty Offers Reform Map to Smaller Citizens Property Insurance
Jan 25 2013 // Florida’s insurance commissioner has proposed a set of reforms designed to return the state-back property insurer to being a residual market, while at the same time offering the private insurance market incentives to...
BP Says $332 Million in Florida Oil Spill Claims Approved
Jan 24 2013 // The administrator of a class-action settlement between petroleum giant BP and oil spill claimants said that more than 34,000 Florida businesses and individuals so far have been approved to receive $332 million. Patrick...
Florida Turns to Massachusetts for Health Insurance Advice
Jan 24 2013 // Florida lawmakers considering how to implement the federal health care overhaul sought information this week from two economists on the Massachusetts initiative that served as the blueprint for the national...
Former Florida Surplus Lines Association Leader Indicted
Jan 23 2013 // A former executive director and past president of the Florida Surplus Lines Association (FSLA) has been indicted for allegedly embezzling an estimated $130,000 in association funds. Roger Gobler has been charged with 11...
Florida’s Citizens Backs Bill Calling for More Oversight
Jan 22 2013 // Florida’s state policyholder-backed property insurer says it welcomes a newly proposed legislative initiative that would create an independent inspector general to oversee the insurer’s handling of employee...
Florida Audit Says Citizens’ Travel Expenses Excessive; Governor Orders Reform
Jan 18 2013 // A review by Florida’s chief inspector general contends that employees at the state-created Citizens Property Insurance racked up excessive travel expenses over an eight-month period. Florida Gov. Rick Scott ordered a...
Florida Facing $300M Fine Over Health Insurance for Part-Time Employees
Jan 18 2013 // It turns out that the state of Florida has yet another major decision to make in the next few months when it comes to the federal healthcare overhaul. The state may be forced to make sweeping changes to its health...
Florida Looks to Restructure Its Hurricane Fund; Federal Option Proposed
Jan 18 2013 // Florida lawmakers are poised to consider restructuring the state-run property reinsurance facility by possibly lowering its mandatory annual capacity by billions due to concerns that one major storm could exhaust its...
2 Florida Moms Sentenced for Staged Accident Insurance Fraud
Jan 16 2013 // Two South Florida mothers have been sentenced to prison for their roles in staging car accidents to commit fraud on insurers. Federal prosecutors said that 42-year-old Ana Ovando of West Palm Beach was sentenced to more...
Florida Regulators Seek to Distribute $25 Million in AIG Assets
Jan 14 2013 // Florida regulators are looking to return to residents some $25 million in unclaimed property that has been returned to the state as part of a settlement agreement with American International Group over life insurance...
2013 Insurance Industry Meetings & Conventions Directory
Jan 14 2013 // JANUARY P/C Insurance Joint Industry Forum Jan 15 Waldorf Astoria Hotel, New York, NY Insurance Information Institute www.iii.org 2013 Big ‘I’ Winter Meeting Jan 16-20 The Westin Mission Hills Resort & Spa,...
Business Moves – Southeast
Jan 14 2013 // Markel, Alterra Specialty insurer Markel Corp. agreed to acquire Alterra Capital Holdings Ltd. for $3.1 billion in cash and stock to increase its diversification and expand into reinsurance. The transaction is expected to...
Florida Drivers Can Challenge Presumption of Fault
Jan 14 2013 // Florida’s high court has ruled that drivers that cause an automobile accident by striking another car from behind can still sue the other driver for damages depending on the circumstances of the accident and the...
Florida Restricts Eligibility for Citizens’ HO-8 Policies
Jan 14 2013 // Florida’s state-backed property insurer and state regulators have cleared the path for the insurer to begin issuing a new HO-8 policy by limiting it to low-value older homes, addressing concerns that the...
Confie Eyes More Expansion, Push Into Standard Lines
Jan 10 2013 // In the coming year Confie Seguros plans to up its buying spree and expand into standard personal and small commercial lines, while broadening its demographic from being primarily Hispanic focused, the president of the...
Florida Doctors Dispute Workers’ Compensation Drug Cost Claim
Jan 10 2013 // Florida doctors are disputing a state report saying drugs dispensed by physicians directly to patients are raising workers’ compensation rates. The Florida Medical Association said in a statement issued that doctors...
Atlantic Specialty Lines Announces New Office in South Florida
Jan 9 2013 // Miramar, FL, 01/08/13 – Atlantic Specialty Lines announces the opening of their newest office located in South Florida. The office in Miramar will be led by Nancy Riveron and Marianne Correa. ASL is looking to better...
Florida Hospital Group to Offer Health Insurance to Patients
Jan 8 2013 // The Florida Hospital group has announced it will begin offering patients health insurance starting in January 2014. The Daytona-based Florida Hospital, which has five hospitals in the state, is part of the Adventist Health...
Florida’s Citizens, Regulators Agree to Restrict Eligibility for New HO-8 Policies
Jan 4 2013 // Florida’s state-backed property insurer and state regulators have cleared the path for the insurer to begin issuing a new HO-8 policy by limiting it to low-value older homes, addressing concerns that the...
Confie Seguros Buys 3 More Florida Brokerages
Jan 3 2013 // Hispanic market-focused insurance agency network Confie Seguros said it has acquired three insurance brokerages in Florida that will strengthen the company’s operations in that state. Confie Seguros completed the...
