Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Lessons from Andrew
Sep 10 2012 // Hurricane Andrew hit South Florida with winds topping 160 mph on August 24, 1992, devastating several communities. According to Gary Kerney, of Verisk’s Property Claims Services, the insurance industry had never seen...
Florida Targets Check Cashing Fraud
Sep 10 2012 // Just months after Florida lawmakers enacted a law targeting the role of check cashing companies in the construction industry, state officials announced a string of arrests netting more than $140 million in fraudulent...
Florida Streamlines Licensing for Agents, Adjusters
Sep 10 2012 // A new Florida law seeks to reduce the regulatory burden on agents and adjusters by consolidating some licenses and revamping the education classes they must take. Among the changes: insurance adjusters and agents operating...
Florida Names 7 Workers’ Comp Judges
Sep 10 2012 // Florida Governor Rick Scott has reappointed seven judges on the state’s court that handles workers’ compensation claims. Judge W. James Condry II, 54, of Orlando, has been a judge of Compensation Claims for the...
Florida Workers’ Compensation Writers Seek Rate Hike Again
Sep 10 2012 // Florida workers’ compensation insurers are seeking a statewide average 6.1 percent rate hike. If approved, the filing by the National Council on Compensation Insurance (NCCI) would mark the third consecutive...
Analysis: Florida’s Insurers, Reinsurance and Catastrophic Storms
Sep 10 2012 // Since 1996, Demotech has rated most of the homegrown Florida domiciled insurers. Our efforts have focused on the assignment of Financial Stability Ratings® (FSRs) to all financially stable insurers, start-ups as well as...
Private Insurers in Line to Take 150,000 Policies from Florida’s Citizens
Sep 7 2012 // Four Florida-based property insurers have been given the green light to remove up to 150,000 policies from the state-backed Citizens Property Insurance Corp., which would contribute to the greatest shift of policies to the...
New Underwriting Agency Assure Space to Cover Satellite Risks
Sep 7 2012 // Assure Space, LLC, a new space insurance agency for satellite risks, has partnered with Auster Capital Partners (ACP) and Space Florida for the provision of launch and in-orbit insurance to satellite operators worldwide....
New Marine Wholesale Brokerage Opens for Business in Florida
Sep 7 2012 // Florida has a new wholesale insurance broker specializing in marine industry risks. Founded by Steve Cunningham, Theresa Proios-Jewell and other associates with marine insurance experience, Legacy Underwriters is based out...
Florida Lawmaker Questions Citizens Travel Expenses
Sep 5 2012 // A Florida state senator is demanding that executives of the state-backed property insurer be questioned after expense reports showed that they spent thousands of dollars on travel and related expenses. Florida Senator Mike...
Florida Governor Opens Disaster Fund
Aug 30 2012 // Florida Gov. Rick Scott has announced that the state is activating Florida’s disaster fund to help residents who suffered property losses from Hurricane Isaac and Tropical Storm Debbie. Earlier this week, Hurricane...
Allstate Sues Florida Neurologic Clinic for $7.6M in False Claims
Aug 30 2012 // A Florida neurologic clinic that specializes in treating patients with traumatic brain and spinal cord injuries is being sued by a major automotive insurance company for more than $7 million in false claims stemming from...
Florida’s Citizens Insurance Lowers Isaac Claims Estimate
Aug 28 2012 // As Tropical Storm Isaac moves westward away from Florida and toward Louisiana, Florida’s largest property insurer has lowered its estimate of the number of claims it thinks it might receive. Citizen Property...
Isaac Blows Past Florida Keys with Little Damage
Aug 28 2012 // Tropical Storm Isaac rolled over the open Gulf of Mexico on Monday, where it was expected to grow into a hurricane before hitting land somewhere between Louisiana and Florida and close to the seventh anniversary of...
Florida Citizens Insurance Adjusters Ready for Isaac Claims
Aug 27 2012 // Citizens Property Insurance Corp. in Florida says teams of adjusters are preparing to assess damage caused Tropical Storm Isaac. In a statement issued Sunday, Citizens Board Chairman Carlos A. Lacasa says the mobile units...
Update: Isaac Menaces Gulf States; Forces Evacuations, Closings; Serious Flooding Feared
Aug 27 2012 // Tropical Storm Isaac closed in on the U.S. Gulf of Mexico coast on Monday, triggering some mandatory evacuation orders and disrupting U.S. offshore oil production as it threatened to make landfall between Florida and...
Insurers Seek 6.1% Increase in Florida Workers’ Compensation Rates
Aug 24 2012 // Florida employers may see their workers’ compensation rates increase as the National Council on Compensation Insurance announced it is seeking a statewide average 6.1 percent rate hike on behalf of insurers. If...
Penny-Wise and Billion-Pound-Foolish in Florida
Aug 24 2012 // According to its official tourism marketing corporation, the State of Florida welcomed 87.3 million visitors in 2011, whose $67.2 billion of spending generated nearly a quarter of the state’s sales tax revenue. As...
Tropical Storm Isaac Threatens Haiti; Oil Rigs Shut; Southeast Prepares
Aug 24 2012 // Tropical Storm Isaac strengthened on Friday as it took aim at flood-prone Haiti, but it was not expected to become a hurricane until it barreled into the Gulf of Mexico early next week. On its current path, forecasters...
TS Isaac Nears Haiti with Heavy Rains; Remains on Course for Eastern Florida
Aug 24 2012 // In its bulletin issued at 5:00 a.m. EDT the national Hurricane Center in Miami described tropical storm Isaac as “poorly organized.” As a result its most serious threat is not from the wind speed, around 45...
