Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Stops 4 Firms Selling Motor Vehicle Service Agreements
Jan 31 2011 // Florida Insurance Commissioner Kevin McCarty has issued a cease and desist order shutting down a number of insurers for the unauthorized marketing and sale of automobile service warranty insurance products. The affected...
8 Floridians Get Rewards for Reporting Insurance Fraud
Jan 28 2011 // Eight Floridians who provided information that led to arrests and convictions in five major insurance fraud cases have been given rewards totaling $50,500. These citizens helped uncover more than $2 million in fraudulent...
Severed Finger Points Way to Suspected Arsonist in Florida
Jan 26 2011 // A piece of a severed finger inside a glove led police near Titusvillle, Fla. to a suspected arsonist. Investigators found the finger near the door of a burning home along North Dixie Highway latst Friday night. They...
Insurers Form Florida Lobby Group to Change Personal Lines
Jan 25 2011 // Some of Florida’s largest insurance companies have banded together and formed the Personal Lines Insurance Federation of Florida to lobby for changes in the state’s regulatory environment in an effort to spur...
Florida’s MDW Names Fernandez Chief Operating Officer
Jan 25 2011 // MDW Insurance Group is pleased to announce that Norbert Fernandez has been named chief operating officer. Norbert will oversee the insurance marketing and management of all the operational functions of the Coral Gables,...
People
Jan 24 2011 // Washington D.C.-based broker Ames & Gough has named Christine Payne as senior account manager. Payne, who has more than 25 years of insurance industry experience, will oversee service and insurance placements for a...
Business Moves
Jan 24 2011 // Hub International, Farr Insurance Insurance broker Hub International Limited has acquired the assets of Farr Insurance Group, a Venice, Florida-based insurance brokerage firm. Terms of the acquisition were not...
Florida Commissioner McCarty Accused of Vendetta by Texas Insurer
Jan 24 2011 // A Texas insurance company and its owner are suing Florida Insurance Commissioner Kevin McCarty, accusing him of being vindictive and defamatory in his efforts to ban the company from writing workers’ compensation in...
Florida Looking for Ways to Curb Sinkhole Losses
Jan 24 2011 // Florida lawmakers are trying to address the cost of sinkhole claims, which state officials and insurers say are driving up property insurance rates and could threaten the solvency of some domestic insurers if not brought...
Florida Competitive in Workers’ Compensation Market Arena
Jan 24 2011 // Florida’s workers’ compensation market remains competitive with more than 250 private insurers writing coverage and only a fraction of business being funneled to the residual market. Also, availability does not...
Lower Collateral for 7 Reinsurers
Jan 24 2011 // Bermuda-based Renaissance Reinsurance Ltd. has been approved to participate in Florida’s property reinsurance marketplace with modified collateral requirements. In 2007, Florida lawmakers passed legislation that...
People
Jan 24 2011 // National wholesale broker USG Insurance Services, Inc. has added Jason Holloman as a property broker specializing in large commercial and catastrophe-exposed risks. He will be based in USG’s office outside...
New Florida Agency Formed After Long-Term Partners Split
Jan 24 2011 // The Connelly, Carlisle, Fields & Nichols insurance brokerage firm, a member of the Aliant Insurance Group, began operations this month at its corporate headquarters in Clearwater, Florida. The new firm comes after the...
Court Upholds Florida Regulator in Denial of Texas Insurer
Jan 23 2011 // A Texas-based workers’ compensation insurer has lost its appeal of rulings by the Florida insurance commissioner that have blocked it from doing business in the state. On Jan 20, without explanation, a three-judge...
Florida Officials Press for Improved BP Claims Administration
Jan 21 2011 // Florida’s attorney general said this week that she wants more responsiveness from the administrator handling a $20 billion Gulf oil spill claims fund. Republican Pam Bondi told journalists at The Associated...
Florida Charities, Businesses Call for End to Hurricane Premium Taxes
Jan 20 2011 // A coalition of Florida charitable and business groups is pressing the state to eliminate assessments charged all policyholders to subsidize the state-backed insurance provider and hurricane claims fund. In a letter to Gov....
Florida Suspends Lake Worth Agent’s License
Jan 19 2011 // A Lake Worth, Fla. insurance agent’s license has been suspended after he allegedly misappropriated automobile insurance premiums and issued bogus insurance identification cards to consumers. Hector Marcano, owner of...
Florida Lawmakers Seek Ways to Curb Sinkhole Losses
Jan 14 2011 // Florida lawmakers are trying to address the cost of sinkhole claims, which state officials and insurers say are driving up property insurance rates and could threaten the solvency of some domestic insurers if not brought...
Authorities Identify Florida Man Run over by Farm Vehicle
Jan 13 2011 // Florida authorities identified a man killed when a farm vehicle ran him over in an orange grove. Charlotte County authorities say 24-year-old Inocencio Morales-Chalma, from Arcadia, was killed instantly Tuesday afternoon...
2011 Insurance Industry Meetings and Conventions Directory
Jan 10 2011 // Welcome to Insurance Journal’s 2011 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
