Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
It Figures
Dec 5 2010 // $42 Million The amount a Kentucky jury awarded to the family of a 92-year old man who died after nine days in a nursing home because the staff neglected him. The nursing home said it plans to appeal. $80 Million The amount...
North Carolina Escapes Storms; Will It Escape Florida’s Insurance Woes?
Dec 5 2010 // Earlier in 2010, Colorado State’s Tropical Meteorology Project forecasted eight hurricanes to emerge from 15 named tropical storms in the Atlantic basin. Of those, four were forecasted to become major hurricanes. On...
State Property Insurance Plans Face Increased Exposure
Dec 5 2010 // Florida and Louisiana have reduced the number of policyholders covered by their state-run property insurers of last resort since 2008 but non-coastal property owners remain vulnerable to paying for these same...
Florida Agent Leader Johnson to Retire
Dec 3 2010 // After more than 40 years in the insurance industry, Scott Johnson, executive vice president of the Florida Association of Insurance Agents (FAIA), will be retiring in December. Johnson has served the FAIA since...
Florida’s Brightway Insurance Acquires Orange Park Agency
Nov 29 2010 // Brightway Insurance recently acquired General Insurance Concepts, a 20-year-old property and casualty insurance agency offering personal and commercial lines of insurance. The company’s offices, located in Orange...
Florida Retail Workers’ Comp Fund Becomes Stock Company, RetailFirst
Nov 23 2010 // The Florida Retail Federation Self Insurers Fund reported that a majority of its members has voted in favor of converting to RetailFirst Insurance Co., a stock insurance company within a mutual holding company system. The...
Florida Jury Awards Smoker’s Daughter $80 Million
Nov 19 2010 // A Florida jury has awarded the daughter of a deceased smoker $80 million in a lawsuit against R.J. Reynolds Tobacco Co. Dianne Webb claimed her father’s 1996 death was caused by a 60-year smoking addiction fed by...
Florida’s BankAtlantic Executives Found Guilty of Securities Fraud
Nov 19 2010 // Executives at Florida-based lender BankAtlantic Bancorp Inc. failed to alert investors about risks in its real estate loan portfolio as the U.S. housing market collapsed, a Miami federal jury ruled Thursday in a rare...
North Carolina Escapes Storms; Will It Escape Florida’s Insurance Woes?
Nov 16 2010 // Earlier in 2010, Colorado State’s Tropical Meteorology Project forecasted eight hurricanes to emerge from 15 named tropical storms in the Atlantic basin. Of those, four were forecasted to become major hurricanes. On...
Hearing on Florida Peninsula Rate Hikes Today
Nov 16 2010 // Florida insurance regulators today will review proposed rate increases for one of the state’s largest property insurers. Florida Peninsula Insurance Co., ranked seventh largest property insurer, is seeking rate...
Georgia’s Hudgens Among New State Insurance Commissioners
Nov 14 2010 // The Nov. 2 elections will mean there will soon be a number of new insurance commissioners across the country. Three states – Georgia, California, and Oklahoma-elected new insurance commissioners. Republican state...
Crist-Crossed
Nov 14 2010 // It’s a new day in several state houses in the Southeast, which has been red for years but went even redder as it got caught up in the Republican tide that swept the nation. Voters elected new Republican governors in...
Report Confirms Florida Sinkhole Insurance Woes are Deep, Spreading
Nov 12 2010 // A new state report confirms sinkhole insurance claims are rising in Florida, costing insurers millions of dollars in payouts and expenses, cropping up in counties where they have not been a problem in the past, and showing...
Florida Attracts 3 More Reinsurers Under Lower Collateral Rule
Nov 9 2010 // Florida insurance officials have agreed that three Bermuda-based reinsurers can participate in Florida’s insurance marketplace without having to post millions of dollars in extra collateral. The Office of Insurance...
Florida Republicans Eye Special Session to Revisit Crist Vetoes
Nov 5 2010 // Incoming Republican legislative leaders said they are considering calling a special session in the coming weeks to override some of Gov. Charlie Crist’s vetoes. Crist’s veto of a property insurance bill could...
McCahill Retires at Florida’s St. James Insurance
Nov 4 2010 // Jim McCahill has announced his retirement from active duty with St. James Insurance Group and St. Johns Insurance Co. Robert Lucas will continue in his role as president and CEO of the parent company, St. James, and Reese...
Republican Scott Wins Florida Governor Race; Atwater Elected CFO
Nov 3 2010 // Floridians woke up this morning without knowing for certain who will be their next governor, although Republican healthcare executive Rick Scott held a slight edge over Democrat Alex Sink. Sink waited until final results...
300 Homes to Be Repaired in Settlement With Chinese Drywall Firm
Nov 1 2010 // A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf...
It Figures
Nov 1 2010 // $75 Million The federal oil spill liability cap that BP has now said in court documents that it will waive. BP urged other defendants in the case, including Transocean Holdings LLC and Anadarko Petroleum Corp. to also...
Remember Orlando
Nov 1 2010 // What do you get when you corral Florida property insurance executives and policymakers in a room for an afternoon away from the TV cameras and pundits? The answer is: consensus. Consensus on how to move the Florida...
