Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Agents Group Hosting Agency Perpetuation Clinics
Oct 16 2008 // With one session down and two to go, the Florida Association of Insurance Agents is hosting a series of perpetuation clinics throughout Florida to aid agency owners in grappling with issues associated with agency...
A.M. Best, Insurers Concerned over Florida’s Catastrophe Fund Capabilities
Oct 16 2008 // The Florida Hurricane Catastrophe Fund Advisory Council recently presented its 2008 October bonding estimates, rattling the nerves of insurers in the process. While David Sampson, president and chief executive officer of...
Florida Regulator Orders Further Reduction in Workers’ Comp Rates
Oct 16 2008 // Florida Insurance Commissioner Kevin McCarty disapproved a worker’s compensation rate filing that the National Council on Compensation Insurance submitted on Aug. 27. McCarty ordered NCCI to make an amended filing to...
Florida-based Brown & Brown Acquires Al Phillips Insurance Agency
Oct 13 2008 // Florida-based Brown & Brown, Inc. announced the asset acquisition of Al Phillips Insurance Agency Inc. of Nashville, Tenn., by a subsidiary of Brown & Brown Inc., according to C. Roy Bridges, regional executive...
Florida-based XN Holdings Introduces Robert Zobel
Oct 10 2008 // Dan Anber, president of Boca Raton, Florida-based XN Holdings, appointed Robert Zobel to chief financial officer of the firm. Zobel will be responsible for managing the agency’s financial performance and ongoing...
Florida Heeds Survey: Rising Energy Costs Could Increase Home Fires
Oct 10 2008 // Florida Chief Financial Officer and State Fire Marshal Alex Sink is joining the American Red Cross and the National Fire Protection Association in warning Floridians about the risks of using alternative and unconventional...
New Leaders Join Professional Insurance Agents of Florida
Oct 10 2008 // Angelo Ganguzza, vice president of Boca Raton, Fla.-based LIG Insurance Agency and Kimberly “Kim” Langston Gray, managing partner of Langston Insurance Agency in central Florida, accepted election to the...
Florida Web Site to Help Teen Drivers
Oct 8 2008 // Teenage drivers can now share their own safety tips and experiences behind the wheel with other teens across Florida. The Florida Department of Highway Safety and Motor Vehicles says the site, TakeTheWheel.net, was created...
Business Moves
Oct 6 2008 // Liberty Mutual, Safeco Boston-based Liberty Mutual Group finalized its acquisition of Seattle, Washington-based Safeco Corp. on Sept. 22 after entering the agreement in April. While improving its scale and geographic...
Florida-based United Insurance Holdings Completes Share Repurchase
Oct 3 2008 // United Insurance Holding Corp., based in St. Petersburg, Fla., completed privately negotiated purchases with a limited number of the company’s stockholders to purchase 1,980,671 shares of the its outstanding common...
Florida’s State-backed Insurer Backs off Plan for New Office
Oct 3 2008 // In the wake of criticism by key Florida lawmakers, the state-backed property and casualty insurer, Citizens Property Insurance Corp., is backing off plans to seek a new, larger office complex that once included a...
Florida-based Main Street America Acquires Great Lakes Casualty
Oct 2 2008 // The Main Street America Group, based in Jacksonville, Fla., completed its acquisition of Great Lakes Casualty Insurance Co., a Michigan-domiciled private passenger auto insurance carrier, from Newco Financial Holdings...
Southwest Risk Expands into Florida and Carolinas
Oct 1 2008 // Dallas,Texas-based Southwest Risk LP, a privately held wholesale broker, is expanding its CORE facilities to Florida, South Carolina and North Carolina. These facilities provide property, general liability and umbrella...
Thousands of Floridians Become Victims of ID Theft
Sep 30 2008 // Florida resident Stephen Carlisle was not alarmed by the letter he received from Bank of New York Mellon Shareowners Services, notifying him that a data breach had exposed sensitive information from thousands of...
Florida-based United Insurance and FMG Acquisition Merge
Sep 30 2008 // Farmington Conn.-based FMG Acquisition Corp.’s stockholders approved a merger with United Insurance Holdings L.C., a Florida based homeowners underwriter and selected small business insurer. As a result of the Sept....
Florida Gov. Appoints 3 to Citizens Review Task Force
Sep 30 2008 // Florida Gov. Charlie Crist appointed three new members to state-backed Citizens Property Insurance Corp. Mission Review Task Force. The following members will serve a term that began on Sept. 29 and will run through March...
Insurance Veterans Join Forces to Create Florida-based Fletcher|Stein
Sep 29 2008 // Florida insurance executives John Fletcher and Rick Stein joined forces to continue the legacy of the Jacksonville firm, McNeill, Garrison & Fletcher. Fletcher, prior president and majority shareholder of McNeill,...
Florida Researchers Deploy New Hurricane Data Weather Balloons
Sep 29 2008 // A fleet of special balloons released over South Florida may soon help hurricane forecasters better predict the path of storms. But at a cost of up to $2,000 each, these aren’t your average birthday party...
Florida-based FPIC Discloses Investments in Financial Service Companies
Sep 26 2008 // FPIC Insurance Group Inc., based in Jacksonville, Florida, together with its consolidated subsidiaries, released information regarding certain investments in financial service companies reportedly experiencing...
Florida’s Lassiter-Ware Recognized for Best Practices, Golden 100
Sep 26 2008 // Central Florida-based Lassiter-Ware Insurance was named a best practices agency for 2008, ranking among the top performers in the annual best practices study conducted by the Independent Insurance Agents & Brokers of...
