Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Workers’ Compensation Insurers Propose 6.8% Rate Cut
Aug 21 2009 // Florida workers’ compensation insurers are recommending an overall average rate decrease of 6.8 percent statewide, which state officials said would save employers more than $166 million. Florida Insurance...
Florida Hearing on Citizens Insurance Rates for 2010 Postponed
Aug 20 2009 // A Florida hearing into rate changes for Citizens Property Insurance Corp. for next year that had been scheduled for Aug. 25 has been postponed due to a glitch in the electronic transfer of data accompanying the rate...
Florida Population Drops for First Time Since 1946
Aug 19 2009 // Florida’s population has declined for the first time in 63 years, state researchers said as they blamed the recession for plunging tax revenues and a steep drop in new residents. The decline — 58,000 people...
Wholesale Broker Gresham Promotes Curington, Thomas in Florida
Aug 17 2009 // Stockbridge, Georgia-based wholesale insurance broker, Gresham & Associates, has promoted Marianne Curington and Kittie Thomas to be associate brokers. Curington and Thomas have served 11 and 7 years respectively in...
Tropical Storm Claudette Hits Florida, Seen Fading
Aug 17 2009 // Tropical Storm Claudette, the third of the Atlantic hurricane season, moved ashore along the U.S. Gulf coast early Monday, the U.S. National Hurricane Center said. Claudette formed early Sunday morning. The storm hit the...
Hurricane Bill Heads for Bermuda
Aug 17 2009 // Hurricane Bill, the first hurricane of the 2009 Atlantic season, gained strength quickly as it churned across open ocean Monday in the direction of Bermuda, the U.S. National Hurricane Center said. Two other tropical...
Florida Activates Claims Hotline for Tropical Storm Claudette Victims
Aug 17 2009 // Florida Chief Financial Officer Alex Sink today announced that the state storm line has been activated to assist Floridians whose homes, businesses or vehicles were damaged by Tropical Storm Claudette as it passed through...
Florida CFO Miffed at Insurance Commissioner Over Insurer Report
Aug 13 2009 // Florida’s chief financial officer had some harsh words for the state’s top insurance regulator. CFO Alex Sink told Insurance Commissioner Kevin McCarty that she was insulted that a report in response to a...
Florida Insurance Agents Say State’s Home Mitigation Effort Is Failing
Aug 13 2009 // Florida’s efforts to encourage homeowners to harden their homes to better withstand big storms by giving them insurance premium discounts is not getting the job done, according to a report from insurance agents in...
M&A Activity Continues at a Snail’s Pace Compared to 2008
Aug 13 2009 // Insurance brokerage mergers and acquisitions in the second quarter of 2009 was nearly half of what is was during the second quarter of 2008. Just 39 transactions were announced from April through June compared to last year...
The Hartford to Return $48 Million in Florida Workers’ Comp Profits
Aug 12 2009 // Florida officials said that Hartford Financial Services Group will issue refunds or credits totaling $48.2 million to Florida businesses for excess profits the insurer earned on policies written from 2004 through 2006. The...
Taking On Citizens’ Policies Fuels Growth at Florida’s Homeowners Choice
Aug 12 2009 // Florida insurer Homeowners Choice, Inc. reported that its net premiums nearly doubled to $19.6 million and its profit rose seven percent to $3 million in the second quarter, thanks in great part to its taking on policies...
Florida Allows State Farm to Scrap Some Insurance Discounts
Aug 6 2009 // State Farm Florida has been given the green light to eliminate some homeowners insurance discounts but the insurer must continue to offer discounts for storm mitigation steps taken by insureds unless it supports that...
Florida Auto Glass Firm Charged in Insurance Overbilling Scam
Aug 5 2009 // Florida officials today arrested two people associated with a Jacksonville glass company on charges that they overbilled insurers for as many as 1,300 windshield replacement claims. A total of 10 people have been arrested...
Florida, Georgia Insurance Chiefs Renew Catastrophe Cooperation Plan
Aug 4 2009 // Florida Insurance Commissioner Kevin McCarty and Georgia Insurance Commissioner John Oxendine have renewed a partnership agreement to ensure continuity of operations in the event of a catastrophe that causes significant...
State Farm Florida Withdrawal Plan May Go To Judge
Aug 3 2009 // After months of trying, Florida state officials and State Farm Florida have not been able to agree on the insurer’s plan for withdrawing from the state, so steps have been taken to have an administrative law judge...
M&A Activity Continues at a Snail’s Pace Compared to 2008
Aug 3 2009 // Insurance brokerage mergers and acquisitions in the second quarter of 2009 was nearly half of what is was during the second quarter of 2008. Just 39 transactions were announced from April through June compared to last year...
Florida Workers’ Comp Claims Costs Grew in Years after Reform
Jul 30 2009 // Medical costs for workers’ compensation claims in Florida grew between 5 and 7 percent in 2005 and 2006, according to a new study by the Workers Compensation Research Institute (WCRI). The growth rate of followed a...
Suit Targets The Hartford’s Handling of Hurricane Wilma Claims in Florida
Jul 29 2009 // A Miami lawyer has filed class action suit against The Hartford alleging the company failed to pay replacement cost on Hurricane Wilma claims to insureds who had purchased the coverage. The suit claims The Hartford refused...
Bridges Named CEO of Florida’s LIG Marine Program Managers
Jul 27 2009 // LIG Marine Managers in St. Petersburg reported that Tommy Bridges has joined the company as chief executive officer of LIG Program Managers. Bridges brings 20 years of workers compensation and longshore knowledge and...
