Florida - Latest Insurance News

People – Southeast

Jul 2 2012 // Florida’s state-backed homeowners insurer has reached into the private sector for its new president, selecting an experienced insurance executive and consultant. The Citizens Property Insurance Corp. board of...

Business Moves – Southeast

Jul 2 2012 // Gallagher, Whitehaven Illinois-based global insurance broker Arthur J. Gallagher & Co. has acquired Whitehaven Insurance Group, Inc. in Gulf Shores, Alabama. Terms of the transaction were not disclosed. Founded in...

Study: Florida Among Best for Building Codes

Jul 2 2012 // Florida and Virginia have received good marks in a survey that looks at building codes in hurricane-prone states. The Tampa-based Insurance Institute for Business & Home Safety conducted an analysis, evaluation, and...

Chartis’ Kinsey Joins Fireman’s Fund as Eastern Personal Lines Executive in Florida

Jun 29 2012 // Fireman’s Fund Insurance Co. has appointed Joe Kinsey to the position of high net worth personal insurance executive for the eastern zone. In his new role, Kinsey has full underwriting and distribution responsibility...

State Farm Seeks 14.9% Jump in Florida Property Insurance Rates

Jun 28 2012 // Florida’s third largest property insurer is seeking a statewide average 14.9 percent increase in property rates as part of a plan to shore-up its fiscal condition while revamping the deductibles and discounts it...

Supreme Court to Deliver Obama Healthcare Ruling

Jun 28 2012 // The U.S. Supreme Court is set to deliver on Thursday its ruling on President Barack Obama’s 2010 healthcare overhaul, his signature domestic policy achievement, in a historic case that could hand him a huge triumph...

Florida Orders Firm to Stop Unlicensed Sale of Home Warranties

Jun 27 2012 // Florida Insurance Commissioner Kevin McCarty issued an order Wednesday to American Fidelity Services LLC to cease and desist engaging in the unauthorized and unlicensed business of a home warranty association in the state...

Tropical Storm Debby Makes Landfall in Florida Near Steinhatchee

Jun 26 2012 // Tropical Storm Debby made landfall near Steinhatchee, Florida on Tuesday, the U.S. National Hurricane Center said. It is the first tropical storm of 2012 to form in the Gulf of Mexico. “Debby is expected to weaken to...

Tropical Storm Debby Tracking Slowly Towards Florida’s West Coast: AIR

Jun 26 2012 // According to catastrophe modeling firm AIR Worldwide, as of 8 a.m. today, Tropical Storm Debby was still a weak tropical storm on the Saffir-Simpson Hurricane Wind Scale, but it was drenching northern Florida and parts of...

FEMA to Floridians, Visitors: ‘Take Debby Seriously’

Jun 26 2012 // The Federal Emergency Management Agency (FEMA) and its federal partners said they continue to monitor and work closely with states potentially affected by Tropical Storm Debby, including Florida, Georgia, Mississippi,...

RMS Update on Tropical Storm Debby in Florida

Jun 26 2012 // Catastrophe modeling firm Risk Management Solutions (RMS) issued the following update on Tropical Storm Debby this morning, Tuesday, June 26: Over the last 24 hours, Tropical Storm Debby (located over the northeast Gulf of...

Tropical Storm Debby Drenches Florida

Jun 26 2012 // Tropical Storm Debby whipped Florida with bands of drenching rain Monday while its center was nearly stationary in the Gulf of Mexico. Its slow progress meant the most pressing threat from the storm was flooding, not...

AIR Worldwide Comments on Tropical Storm Debby

Jun 25 2012 // Catastrophe modeling firm AIR Worldwide issued the following advisory on Tropical Storm Debby this morning: According to catastrophe modeling firm AIR Worldwide, Tropical Storm Debby is the fourth named storm of the 2012...

RMS Comments on Tropical Storm Debby

Jun 25 2012 // Catastrophe modeling firm Risk Management Solutions (RMS) issued the following advisory on Tropical Storm Debby this morning: Tropical storm winds and heavy rain are affecting the northeast Gulf States as Tropical Storm...

Tropical Storm Debby Heads for Florida Coast, Spares Louisiana

Jun 24 2012 // Tropical Storm Debby meandered slowly to the Florida coast on Sunday, bringing strong winds and waves that forced the closure of about a quarter of offshore oil and gas production in the Gulf of Mexico and spawning...

Normandy Harbor Names Sublet as Marketing Director for Southwest Florida

Jun 22 2012 // Workers’ compensation carrier Normandy Harbor Insurance Co. has hired Robert E. Sublet as director of marketing for southwest Florida. In his new position, Sublet will work with Normandy Harbor’s independent...

Florida Agents’ Association Installs Laurie as Chair; Honors Gunter

Jun 18 2012 // The Florida Association of Insurance Agents installed its new officers and board members for the 2012-2013 at its 108th Annual Convention and Educational Symposium. John C. Laurie has been named as the new FAIA chair for...

Nature Groups Urge Florida Insurance Reform

Jun 18 2012 // Taking the position that Florida’s subsidized property insurance market is leading to over-development along the state’s coastline, wildlife groups are calling on lawmakers to pass reforms even if they increase...

States Collecting on $146 Million AIG Workers’ Comp Settlement

Jun 18 2012 // State regulators around the county are finally collecting their share of a multimillion dollar settlement reached with American International Group (AIG) in 2010 based on the company’s misreporting of workers’...

States Collecting on $146M AIG Workers’ Comp Settlement