Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida’s Acentria Acquires Stant Agency
May 10 2011 // Destin, Fla.-based Acentria reported it has acquired The Stant Agency. The office will remain in Crestview, Fla. Wes Stant, commercial lines agent, and Martha Stant, personal lines service representative, are joining the...
United Insurance, GreatFlorida Insurance to Provide P/C Coverage in Florida
May 10 2011 // United Insurance Holdings Corp’s., a property and casualty insurance holding company, homeowners, dwelling fire, and flood products will now be sold by agents from GreatFlorida Insurance, a privately held,...
Florida Approves Property Insurance Reform
May 9 2011 // Homeowners’ insurers in Florida are breathing a sigh of relief after succeeding in a months-long battle to obtain property insurance reforms designed to reduce costs and stabilize the market. After watching state...
Florida Judge Says Insurance Should Cover Chinese Drywall Case
May 9 2011 // A Florida judge has ruled that a couple’s damage from tainted Chinese drywall is covered by their homeowner insurance policy. Hillsborough County Circuit Judge Robert Foster this week said he found no exclusion in...
Florida Legislature Passes Medical Malpractice Changes
May 6 2011 // The Florida House has approved the final version of a bill overhauling medical malpractice suits in the state. The bill (HB 479) was approved by a vote of 94-21 on Wednesday. It goes next to Gov. Rick Scott. He is expected...
Florida Clinic Owner and Employees Charged in PIP Case
May 4 2011 // A medical clinic owner in Florida has been arrested on charges of fraud and theft in association with bogus automobile personal injury protection claims. Florida Chief Financial Officer Jeff Atwater announced that Jean...
Florida Legislature Approves Commercial Rate Deregulation Bill
May 3 2011 // Commercial insurers in Florida will have more leeway in setting rates on a number of lines of insurance under a bill approved today by state lawmakers. The Florida legislature approved CS/HB 99 that expands the list of...
Coastal Risk Expands into Louisiana, Florida
May 3 2011 // Coastal Risk Underwriters (CRU), a subsidiary of Insight Catastrophe Group, will begin writing homeowners insurance in Louisiana and 15 counties in Florida. CRU provides insurance capacity to large national and regional...
Florida Man Gets Death Penalty for Insurance Office Murder
May 2 2011 // A Florida man has been sentenced to death for the murders of two women he doused with gasoline and set on fire during the robbery of a Nationwide Insurance office. A Polk County judge sentenced 33-year-old Leon Davis Jr....
Florida Insolvent Insurer Owners Hit with $76 Million Verdict
May 2 2011 // The former owners of Aries Insurance Co. are on the hook for millions after a Miami-Dade District Court found them guilty of diverting funds for personal use. Florida CFO Jeff Atwater said that a Miami-Dade Circuit Court...
Workers’ Comp TV Show Begins Filming in Florida
May 2 2011 // Hollywood thinks workers’ compensation can be funny. Workers’ Comp, a half-hour TV comedy about crazy employees handling absurd and often-fraudulent insurance claims from injured workers, begins filming pilot...
Florida Court Rejects Vicarious Liability
May 2 2011 // The Florida Supreme Court has ruled that motor vehicle leasing companies in the state cannot be held liable for accidents with their rented vehicles they did not cause. The state’s high court agreed with lower state...
People
May 2 2011 // Marsh & McLennan Companies announced several changes to its senior management team, including the appointment of Daniel S. Glaser, 50, to the newly created position of group president and chief operating officer,...
Separating Myths from Facts on Florida’s Citizens
May 2 2011 // Currently, Florida’s legislature is considering a proposal that will help restore health to Florida’s insurance market. As the proposal moves forward, it is worth separating the myths from the facts on the...
Florida Senate Passes Property Insurance Overhaul
Apr 29 2011 // The Florida Senate has passed a property insurance overhaul aimed at creating more competition in the private marketplace and also cut down on fraudulent sinkhole claims. The measure (SB 408) passed on a 25-12 vote after...
Florida Insurer Closing its Doors
Apr 29 2011 // A Florida insurance company is on its way to closing its door as it informed agents it is going to start dropping policyholders when their policies are up for renewal. Argus Fire & Casualty, a subsidiary of the Miami...
Fire Risk Prompts Florida to Restrict Everglades Access
Apr 28 2011 // Florida wildlife officials are imposing restrictions on use of some Everglades recreation areas due to increased risk of fire. The Fish and Wildlife Conservation Commission decided Tuesday to prohibit motor vehicles,...
Major Florida PIP Reform Effort Dies in Committee
Apr 27 2011 // The industry’s push for comprehensive reforms to Florida’s no-fault personal injury protection (PIP) insurance law came to an abrupt end in Florida after a House committee by a single vote margin rejected a...
Florida’s Lykes Insurance Appoints 3 Risk Consultants
Apr 27 2011 // A Florida commercial insurance agency, Lykes Insurance, has named three new risk consultants. Josh Helmut began his career in 2006 at Risk Services in Sarasota as a marketing representative. Most recently, he worked as a...
Scott Joins Florida’s Corporate Insurance Advisors
Apr 26 2011 // Fort Lauderdale, Fla.-based insurance brokerage firm Corporate Insurance Advisors (CIA) has added Alex Scott to its team of producers as it pursues expansion in south Florida. Scott will focus on middle market...
