Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
High Rip Current Risk Precedes Ike on Florida’s Atlantic Beaches
Sep 8 2008 // The National Hurricane Center posted a hurricane watch Sept. 7 for the Florida Keys in advance of Hurricane Ike. By Sunday afternoon, all Keys residents and visitors were under a mandatory evacuation order. Florida...
Florida Closes Last Hurricane Gustav Shelter
Sep 8 2008 // The last American Red Cross shelter in Florida for Hurricane Gustav evacuees closed Sept. 6. As Hurricane Ike moves in from the west, Florida evacuees from Hurricane Gustav are finally able to return home. Craig Fugate,...
Tropical Storm Hanna Landfalls in Carolinas, Ike Threatens Florida
Sep 7 2008 // Tropical Storm Hanna blew ashore over tourist beaches on the North-South Carolina border early on Sept. 6 at the start of a projected dash up the Eastern Seaboard. The National Hurricane Center in Miami said Hanna’s...
Florida Regulator Rejects State Farm Request for Rate Hearing
Sep 5 2008 // The Florida Office of Insurance Regulation rejected State Farm Florida’s petition for a formal hearing on after the state disapproved the company’s 47.1 percent proposed statewide average increase. Florida...
Ike on Deck, Florida Gov. Declares Statewide Emergency
Sep 5 2008 // In what has developed into a proactive preparedness pattern, Florida Gov. Charlie Crist announced another in a series of emergency declarations in the face of oncoming hurricanes and tropical storms — this time in...
Florida Approves AmCOMP Merger, Wants $8.4 Million Refund
Sep 2 2008 // Florida Insurance Commissioner Kevin McCarty approved the merger of AmCOMP with Employers Holdings Inc. and required AmCOMP to repay $8.4 million in excessive profits to its Florida policyholders. AmCOMP ‘s insurance...
Tropical Storm Fay’s Four Landfalls in Florida Sets Record
Sep 1 2008 // Tropical Storm Fay made a record four landfalls on the northern Gulf Coast last month, drenching and damaging communities, crops, homes and businesses across the Florida peninsula. Gov. Charlie Crist received a major...
Allstate to Cut Rates, Write More to Resolve Florida Litigation
Sep 1 2008 // Florida Insurance Commissioner Kevin McCarty reached an agreement with the Allstate Companies that includes a $5 million fine, the lowering of homeowners rates in the state by 5.6 percent and a vow by the insurer to insure...
Business Moves
Sep 1 2008 // Aon, Benfield Chicago-based Aon Corp. is acquiring UK-based broker Benfield Group Limited for about $1.75 billion. The price includes $6.55 (£3.50) per share in cash and the assumption of $170 million (£91...
Florida-based Harden Promotes Theilacker to Chief Information Officer
Aug 29 2008 // Jacksonville, Florida-based Harden & Associates, an insurance brokerage company, promoted Dustin Theilacker to Chief Information Officer. As CIO, Theilacker will continue to provide technology vision and leadership...
Florida Insurers Update Claims Numbers on Fay’s Heels
Aug 29 2008 // The Florida Office of Insurance Regulation reported the latest claims tallies as of today (Aug. 29) for five of the state’s highest volume insurers. As of 9 a.m. EDT, state-backed Citizens Property Insurance Corp....
Employers Holdings Amends Merger Deal with AmCOMP over Florida Refunds
Aug 29 2008 // Reno, Nev.-based Employers Holdings Inc. has agreed to an amendment to the terms of its pending acquisition of AmCOMP Inc. that accounts for a regulatory ruling requiring policyholder refunds in Florida. In connection with...
Florida-based IBSL Hires Page as Marketing Underwriter
Aug 28 2008 // Steven A. Page joined Lakeland, Florida-based IBSL (formerly known as International Brokerage & Surplus Lines) as a marketing underwriter for non-trucking lines. Page comes to IBSL from Brown & Brown, where he...
Florida Workers’ Comp Rates to Drop For 6th Consecutive Year
Aug 27 2008 // The latest workers’ compensation filing in Florida calls for an overall average rate decrease of 14.1 percent statewide, which would produce a savings of more than $465 million for Florida employers, according to...
Update: Florida Claims Continue to Mount in Fay’s Wake
Aug 27 2008 // With Tropical Storm Gustav on deck in the Caribbean, insurance claims from Tropical Storm Fay continue to mount while the storm’s rain producing potential manifests throughout Alabama, Georgia and the Carolinas. The...
Florida Officials Say Fay’s Toll up to 10 People
Aug 24 2008 // Florida authorities say two more people have been killed by Tropical Storm Fay, raising the storm’s death toll to 10. Florida Law Enforcement Commissioner Gerald Bailey and Gov. Charlie Crist updated the...
Update: Largest Florida Insurers Report Homeowners, Auto and Flood Claims
Aug 24 2008 // Insurers continue to tally claims from Tropical Storm Fay after its fourth landfall occurred on the Panhandle. The Florida Office of Insurance Regulation compiled and released the latest numbers from some of the...
Florida Homeowners and Auto Owners File Fay Claims
Aug 23 2008 // The claims are piling up in Florida as Tropical Storm Fay is knocking on the Panhandle’s door. The Florida Office of Insurance Regulation compiled and released the latest numbers from some of the state’s...
Florida Insurance Regulator: Hurricane Deductible Does Not Apply
Aug 22 2008 // Florida Insurance Commissioner Kevin McCarty issued an advisory to remind Florida consumers and authorized insurers that the hurricane deductible of their homeowner’s policy does not apply at this time —...
Update: Tropical Storm Fay Hangs on to Status, Stays in Florida
Aug 22 2008 // Tropical Storm Fay continues slowly westward across the northern Florida peninsula while tropical storm warnings remain in effect throughout the region, into the panhandle and north through Georgia to the South Carolina...