Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Homeowners to Share $55 Million in Chinese Drywall Settlement
Jun 14 2011 // Hundreds of Florida homeowners suffering with tainted Chinese drywall will share $55 million in a deal that also accuses a global drywall maker of lying about the product’s safety, according to court documents. The...
Arthur J. Gallagher Buys Florida’s Bushong Agency
Jun 13 2011 // Illinois-based global insurance broker Arthur J. Gallagher & Co. has acquired Bushong Insurance Associates Inc. in Ponte Vedra Beach, Florida. Terms of the transaction were not disclosed. Founded in 2000, Bushong is a...
P/C Insurance Industry Wins, Loses in Scott’s First Session
Jun 10 2011 // It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play for the last 72 hours. No matter how many committee meetings, no matter how many press conferences, no matter...
Florida Judge Questions Tickets in Red Light Camera Debate
Jun 10 2011 // A Broward judge has ruled that law enforcement officers cannot ticket drivers for running red lights. It’s another piece of legal wrangling in the ongoing dispute over red light cameras. County Judge Fred Berman...
Judges Question Individual Mandate in Healthcare Law
Jun 10 2011 // Three federal appeals judges expressed unease with a requirement that virtually all Americans carry health insurance or face penalties, as they repeatedly raised questions about President Barack Obama’s health care...
Atlantic Specialty Lines of Florida hires Shane Fowler, AAI, CLCS
Jun 9 2011 // Clearwater, FL, 6/9/11 – Atlantic Specialty Lines, Inc. Shane joins ASL of FL handling placement of all lines of commercial coverage for the Surplus Lines market. He has a concentrated expertise in construction...
Florida’s HomeWise Insurance Completes Merger with First Home
Jun 8 2011 // HomeWise Insurance Co. and First Home Insurance Co. have completed their previously-announced merger. The two Florida domiciled companies, with $25 million of surplus, are combined under the HomeWise Insurance Co....
Will New Legislation Help Florida’s Property Insurance Market?
Jun 7 2011 // Florida hasn’t been hit by a hurricane since the disastrous years of 2004 and 2005, but the state’s property insurance companies say they are still losing money despite collecting billions in premiums. That has...
Florida Commission Approves RMS Hurricane Model
Jun 7 2011 // Florida’s residential property insurance market is bracing for even more volatility after the state’s modeling commission approved the use of the new Risk Management Services (RMS) catastrophe model. The...
Florida’s NSI Insurance Merges with Royal Marine
Jun 6 2011 // Miami Lakes, Florida-based NSI Insurance Group it has merged with another Miami-based brokerage, Royal Marine Insurance Group. The combined agency will continue to be known as NSI Insurance Group. The executives and staff...
Sipos Joins All Risks in Florida
Jun 6 2011 // Paul Sipos has joined wholesaler All Risks, Ltd. in its expanded Orlando, Florida office as a casualty broker. Prior to joining All Risks, Sipos produced and managed general liability, professional liability and...
No Satisfaction
Jun 6 2011 // Back in 1969 when the Rolling Stones sang, “You can’t always get what you want,” I doubt they were thinking about Florida insurance politics in 2011. I will go out on a limb here and say I am absolutely...
Florida Judge: Insurance Covers Chinese Drywall Claims
Jun 6 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 said he found no exclusion in the Teachers...
People
Jun 6 2011 // West Virginia Insurance Commissioner Jane L. Cline will retire after 10 years on the job. Gov. Earl Ray Tomblin said Cline’s retirement will become effective June 30, 2011 and that he will name a replacement in the...
What’s In Florida’s Property Insurance Cost Control Bill?
Jun 6 2011 // Florida Gov. Rick Scott signed into law legislation that promises to lower costs for the state’s property insurers, including what they pay on sinkhole claims. Scott said the bill (SB 408) “strengthens...
How Florida’s Agents Fared in Tallahassee
Jun 6 2011 // FAIA President Jeff Grady on Property Insurance Reform, Effects of RMS Model, Citizens For those in the industry, Florida’s recent legislative session was a long march as they tried to navigate through a process that...
What Killed PIP and Citizens Reform?
Jun 6 2011 // P/C Industry Wins Some, Loses Some in Scott’s First Session It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play to the last 72 hours. No matter how many...
Florida Firm Inspires Workers’ Comp TV Sitcom
Jun 6 2011 // Lights…Camera…Action” is not a phrase often used within the insurance industry. That’s about to change thanks to a new television show created to document the comedic aspect of adjusting...
Florida Cities Most Dangerous for Pedestrians
Jun 6 2011 // Four of the top 10 most dangerous metropolitan areas for pedestrians are in Florida, according to a new report by a transportation and environmental group. The top four are Orlando, Miami, Jacksonville and Tampa. Other...
Florida Braces as RMS Model Makes Landfall
Jun 6 2011 // Storm Model Hits Inland Territories; Could Alter Property Insurance Political Landscape Florida’s history with hurricanes has created a series of assumptions long treated as facts, none of which is more quoted than...
