Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Hurricane Irene Soaks Puerto Rico, Could Hit Florida By Week’s End
Aug 22 2011 // Hurricane Irene buffeted Puerto Rico with winds and torrential rain Monday, knocking out power and downing trees as it churned westward on a track that will threaten Florida by the end of the week. Local media in the U.S....
Florida Employers May Face Higher Workers’ Compensation Costs
Aug 19 2011 // Florida business owners could see their workers’ compensation premiums go up if regulators agree to raise rates by a recommended statewide average 8.9 percent. The National Council of Compensation Insurance (NCCI)...
AIR Chief on Cat Models: ‘What’s All The Fuss About?’
Aug 19 2011 // When it comes to revised hurricane models, AIR Worldwide CEO Ming Lee has one basic question, “What really is all this big fuss about?” Lee, whose Boston company launched the catastrophe modeling industry in...
Medicus Insurance Now Selling Insurance in Florida
Aug 18 2011 // Medicus Insurance Co., a medical professional liability insurance (MPLI) carriers, is now offering MPLI coverage to physicians and surgeons in Florida. Medicus is an admitted insurer in 31 states from coast to coast. It...
Florida Supreme Court Rules Gov. Scott Erred in Regulation Freeze
Aug 17 2011 // The Florida Supreme Court says Gov. Rick Scott overstepped his authority by suspending state agency rule-making procedures. The justices split 5-2 in the opinion. The majority ruled in favor of a disabled woman who...
Board Members Named for Florida’s Citizens Corp.
Aug 17 2011 // Florida officials are filling out the board of governors for Citizens Property and Casualty Corp. Florida Chief Financial Officer Jeff Atwater announced the appointments of Nancy Baily and Rob Wallace to the board. Baily...
Florida Regulator Taking Citizens Sinkhole Rate Bid on the Road
Aug 16 2011 // South Florida residents will have their say over the state-backed insurer’s proposed triple-digit increase in sinkhole rates as regulators announced they will hold a public hearing on the issue in Tampa on September...
Hampton Joins Florida’s Stahl & Associates
Aug 16 2011 // Stahl & Associates Insurance in St. Petersburg, Fla. has named Hiram Hampton II as the new vice president of business development. Hampton, who previously served as president and chief operating officer of Lykes...
Buechler Joins Florida’s Normandy Harbor Workers’ Compensation Team
Aug 15 2011 // Jayson Buechler has joined Normandy Harbor Insurance Co., a workers’ compensation insurance carrier based in Miami Beach, Fla., as vice president of underwriting. Prior to joining NHIC, Buechler was the vice...
Florida’s Citizens Has Sweet Plan to Cover Hurricane Losses
Aug 15 2011 // Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 15, 2011. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous....
Florida Windfields to Steer Hurricanes
Aug 15 2011 // Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 15, 2011. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous....
Florida Court Rules Illegal Workers Entitled to Workers’ Compensation
Aug 11 2011 // Florida employers may be under more pressure to document the status of their workers after a panel of state judges ruled that illegal residents who are injured on the job are eligible for workers’ compensation...
Florida Eases Surplus Lines ‘Due Diligence’ Rule for Agents
Aug 10 2011 // Florida insurance agents should have an easier time placing commercial policies with surplus lines carriers under a new law that allows them to offer the coverage without first scouring the admitted market for the...
Florida’s FPIC Insurance Settles Shareholder Litigation
Aug 10 2011 // FPIC Insurance Group has agreed to settle a class action shareholder lawsuit clearing the way for its merger with Fountain Acquisition Corp., a wholly-owned subsidiary of The Doctors Co., of California. The Jacksonville,...
Judge Dismisses Dallas National Suit Vs. Florida Insurance Chief
Aug 8 2011 // A federal judge last week threw out a lawsuit against Florida’s insurance commissioner even though the official had opposed dismissing the case. Commissioner Kevin McCarty argued that keeping the litigation alive...
Florida Officials Weigh Next Step in Citizens’ Rate Hikes
Aug 8 2011 // While state officials are trying to digest Citizens Property Insurance Corp.’s proposed triple-digit sinkhole rate increase, other elected officials are taking their case to the public. Senator Mike Fasano, R-New...
Florida Sen. Fasano Plans Rally Against Sinkhole Insurance Rates
Aug 5 2011 // State Sen. Mike Fasano is rallying Florida policyholders to join him in front of the Pasco County Government Center next Tuesday in a sign-waving protest of the proposed sinkhole rate increases sought by Citizens Property...
Acentria Acquires Florida’s Concord Commercial Insurance
Aug 4 2011 // Destin, Florida-based insurance agency Acentria has acquired Concord Commercial Insurance Agency in Punta Gorda, Florida. Bob and Tyler Wilson along with their employees are joining Acentria and continue to offer...
Florida to Investigate Role of Check Cashing Firms in Workers’ Compensation Fraud
Aug 4 2011 // Florida officials are calling for an investigation into the role of check cashing services in helping construction subcontractors avoid paying their fair share of workers’ compensation premiums. Florida Chief...
Florida Considers Phasing-In Big Sinkhole Insurance Rate Hikes
Aug 4 2011 // Florida Chief Financial Officer Jeff Atwater has urged state insurance regulators to consider an affordable “glide path” for homeowners seeking to buy sinkhole insurance from Citizens Property Insurance...
