Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Griffin Joins Wholesale Broker Gresham in Florida Office
Mar 3 2009 // Stockbridge, Georgia-based wholesale insurance broker Gresham & Associates has welcomed a new property/ casualty broker, Scott Griffin, to its Orlando, Florida branch. Griffin, a University of Georgia-Risk Management...
U.S. Pays $100M to Florida Cold War Workers with Occupation Illnesses
Feb 27 2009 // The U.S. Department of Labor said it has paid more than $100 million in compensation and medical benefits to Florida residents under the Energy Employees Occupational Illness Compensation Program Act (EEOICPA). The act was...
Florida Citizens’ Board Member With Ties to Sansom Resigns
Feb 26 2009 // A key figure in allegations that former House Speaker Ray Sansom misused his previous office as the chamber’s budget chairman has resigned from the board that oversees a state-created insurance company. Confirmation...
Nebraska Trial in Florida Insolvent Insurer Case Put on Hold
Feb 25 2009 // The Nebraska Supreme Court has ordered a judge to put a new trial on hold in a multimillion-dollar insurance dispute and follow the high court’s ruling from last summer. Last June, the Supreme Court threw out the...
Returning Florida Lawmakers’ Agenda Includes Property Insurance Woes
Feb 23 2009 // Florida Gov. Charlie Crist’s political mantra has been to hold down property insurance rates, taxes and almost anything else costly for people he wants voting for him next year. Whether Crist seeks re-election or Mel...
Henricks Joins AmWINS Brokerage in Florida
Feb 23 2009 // Lynn Henricks has joined wholesaler AmWINS Brokerage of Florida as vice president. Formerly of Beecher Carlson, Henricks has 20 years of insurance industry experience and will focus on property and casualty brokerage at...
It Figures
Feb 22 2009 // 6.4% The workers’ compensation rate increase approved by Florida Insurance Commissioner Kevin McCarty effective April 1. The increase reflects the impact from the Oct. 23 Florida Supreme Court opinion in the case of...
Now Playing in Florida: A Scary Surplus Lines Scenario
Feb 22 2009 // Court Rulings Strike Fear That Surplus Lines Could Lose Freedom Have you ever seen anything like this in Florida? Never. I haven’t seen anything like this anywhere in the country. If it were a horror flick it might...
Attitude Adjustment
Feb 22 2009 // The tiff between State Farm Florida and the Office of Insurance Regulation that has culminated in the insurer’s withdrawal from the state’s property market is disturbing. It’s not disturbing because an...
People
Feb 22 2009 // Juan Andrade and Jonathan Bennett have been named as interim co-leads of the Property and Casualty Operations of The Hartford. Their appointment to those interim positions follows the departure of Neil Wolin, president and...
Top 25 Surplus Lines Coverage in Florida – 2008
Feb 22 2009 // Top 25 Surplus Lines Coverage in Florida – 2008 Ranked By Policy Count Coverage Premium # Policies Inland Marine (Personal) $25,232,485 197,325 Commercial General Liability $571,644,547 138,315 Commercial...
Declarations
Feb 22 2009 // Devastating “From what I saw today, it was incredible, and we only saw a very small portion today. If you extrapolate that over the entire geographic area that is impacted by Kentucky, it’s a devastating...
Florida Attaches Major Conditions to State Farm Withdrawal
Feb 22 2009 // Florida Insurance Commissioner Kevin McCarty has offered his own plan for State Farm Florida Insurance Co.’s withdrawal from the state that includes conditions not in the insurers’ own plan. McCarty wants State...
FSLA Leader Sees Soft Market Opportunities in State Farm Exit, Med Mal, EPLI
Feb 22 2009 // The Florida surplus lines industry may be challenged right now by regulatory uncertainty stemming from the Essex and CNL Hotels rulings but it is not letting that blind it to opportunities. One opportunity is the pending...
Northern Capital Looking to Write State Farm Florida Insureds
Feb 20 2009 // Northern Capital Insurance Group, a Florida-based homeowners, commercial and auto insurance provider, said it is prepared to insure 50,000 State Farm Florida customers as that insurer withdraws from the state’s...
Judges: Jury Should Hear Florida Carbon Monoxide Suit
Feb 19 2009 // A federal judge was wrong to dismiss a lawsuit that blamed an auto muffler maker for the carbon monoxide poisoning of a 19-year-old Florida woman and her boyfriend, rather than let a jury decide, an appeals panel ruled...
Florida Jury Awards $8 Million in Tobacco Lawsuit
Feb 19 2009 // A Florida jury awarded $8 million Wednesday to the widow of a smoker whose death was caused by his addiction to cigarettes, in a major potential legal setback for tobacco company Philip Morris. The jury in Fort Lauderdale,...
Former ‘Winston’ Pitchman’s Among 8,000 Tobacco Trials in Florida
Feb 18 2009 // A former cigarette pitchman’s lawsuit against tobacco companies is among thousands awaiting trial in Florida. Alan Landers posed with Winston cigarettes on billboards and in magazines in the 1960s and 1970s. Now 68...
Florida’s Peninsula Insurance Ready to Write State Farm Policies
Feb 18 2009 // Florida Peninsula Insurance Co., a Boca Raton-based domestic insurer writing homeowners, condo and renters policies statewide, said it is prepared to insure up to 100,000 State Farm Florida customers as that insurer...
5 Insurers Asked to Testify at Florida Hearing on Credit Scoring Today
Feb 18 2009 // The Florida Office of Insurance Regulation will hold a public hearing this morning in Tallahassee about the use of credit scoring, credit history and credit models by insurers in the underwriting and setting of rates. The...
