Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Southeast Non-Standard Auto Insurer Peachtree Acquired by California Firm
Mar 29 2012 // A Florida domiciled auto insurer that provides coverage to 18,000 drivers in the state and Georgia has been acquired by California equity firm looking to enter the non-standard market. Peachtree Casualty Insurance Co. is...
Florida Arrests 15 in Alleged Food Truck Insurance Scam
Mar 27 2012 // Florida officials said they have busted an alleged $800,000 insurance claims scam in which food trucks were used to stage accidents. Florida Chief Financial Officer Jeff Atwater announced the outcome of a two-year...
Supreme Court Gets Florida Dispute Over Vessel vs. Floating Home
Mar 26 2012 // Court documents refer to it as “that certain unnamed gray, two-story vessel approximately 57 feet in length.” To Fane Lozman, it was a floating Florida home never intended to sail the seas. Now, a long-running...
Supreme Court Rejects Tobacco Firm Appeal of Florida Award
Mar 26 2012 // The U.S. Supreme Court said on Monday it will not hear an appeal by R.J. Reynolds Tobacco Co. in a Florida case in which it was ordered to pay $28.3 million to a woman whose husband died of lung cancer after decades of...
Florida Tax-Credit Plan to Shore Up Cat Fund Raises Questions
Mar 22 2012 // A Florida plan to sell insurers and financial institutions state premium tax credits to help fund the state’s homeowners’ reinsurance facility is raising concerns among some officials. The Florida Insurance Tax...
Florida Delays Employee Drug Testing Pending Legal Challenge
Mar 21 2012 // Florida Gov. Rick Scott’s top lawyer has advised state agency heads to hold off on testing their employees for drugs under a new Florida law pending resolution of an existing legal challenge. The Republican governor...
Florida Insurers Wary of PIP Rate Rollbacks Timed for October
Mar 21 2012 // While state officials are widely praising Florida’s new no-fault auto insurance law, insurers are wary of having to implement rate decreases before there is a corresponding drop in losses as the new law...
Court Allows Suspension of Cardinal Health’s Florida Shipping Center
Mar 19 2012 // A U.S. appeals court allowed the government to suspend Cardinal Health Inc.’s license to distribute potentially addictive drugs from a Florida facility, part of the Drug Enforcement Administration’s battle...
Florida Battles Over Beach Erosion, Costs of Replenishment
Mar 19 2012 // The St. Joseph Peninsula is picture-perfect Florida: 17 miles of sugar sand beach interrupted by a few clusters of homes, each with a million-dollar view of the Gulf of Mexico. But according to state officials, the...
Agents Say Some Are Gaming System, Overselling Citizens’ Policies
Mar 19 2012 // Independent agents in Florida are calling on the state-run property insurer Citizens Property Insurance Corp. to staunch the flow of policies from agents employed by direct writers. The independent agents, who represent...
Say Something Nice About Florida Insurance
Mar 19 2012 // Even though there are many problems to be resolved, at least they are out in the open and are being discussed, not buried in some political jargon and dismissed. If we could just get the PACs out of the way… The...
For PIA President Williams, Wanting to Help Keeps Her Motivated
Mar 19 2012 // The trade group the Professional Insurance Agents (PIA) of Florida has about 350 agencies as members. The association has been around for 70 years advocating for agents in Tallahassee and educating them on how to better...
Let the Sun Shine
Mar 19 2012 // It’s time to put some of the sunshine back in the Sunshine State’s insurance outlook. Sure, the property market, Citizens and the hurricane fund remain precarious. But no-fault’s PIP may be on the mend...
Say Something Nice About Florida P/C Insurance
Mar 19 2012 // There is plenty of negativity about the Florida property/casualty insurance market in the press, living rooms, boardrooms and barrooms across the state-and even among many people outside the state with an interest. The...
How Florida Agents Rate Leaders and Prioritize Issues
Mar 19 2012 // There is less consensus when it comes to rating the performance of key players in the state’s insurance marketplace, however. Some public officials get better grades than property/casualty insurance executives as a...
Surplus Lines’ Multistate Clearinghouse Numbers Don’t Work
Mar 19 2012 // Recent data from Florida indicate that the economics for a multistate surplus lines tax allocation clearinghouse are unworkable. There simply is not enough multistate surplus lines tax to support the cost of a...
People
Mar 19 2012 // Florida largest property insurer named a state regulator and former state lawmaker as its interim president. Citizens Property Insurance Corp. announced yesterday that it has hired Tom Grady to take over as president and...
Florida Unclaimed Property Scam
Mar 19 2012 // Florida consumers are being warned of an emerging unclaimed property scam. Chief Financial Officer Jeff Atwater said scammers have been offering to reunite consumers with unclaimed property for an upfront fee of...
Insurance Exec Blasts Florida Inaction on Hurricane Fund, Citizens
Mar 16 2012 // Florida lawmakers have put taxpayers at risk by not reforming the Florida Hurricane Catastrophe Fund or Citizen’s Property Insurance Corp. in advance of the 2012 hurricane season, an insurance executive has...
How Workers’ Compensation Fared in 2012 Florida Legislature
Mar 15 2012 // While their debates over property insurance and no-fault auto insurance consumed the attention of state officials and the media, Florida lawmakers were quietly dealing with several other insurance issues including...
