Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Tort Reform: Happy Second Birthday
Mar 5 2025 // March 24 will mark two years since Republican Florida Governor Ron DeSantis signed tort reform measures into law. HB 837 took direct aim at an epidemic of litigation, the factor most responsible for steep increases in...
Florida E&S Market Leveling Off After Years of Growth, FSLSO Data Show
Mar 5 2025 // The steady growth in excess and surplus lines’ business in Florida appears to be leveling off, another sign that the insurance market in the state is settling down after years of turbulence. “January’s...
Florida Seeks Personal Prescription Data From Drug Middlemen
Mar 4 2025 // Florida insurance regulators have asked companies to hand over extensive amounts of data on people’s pharmacy claims, including personal information and prescription drug usage, an unusual move for a state regulator...
Florida Bills Would Set up Limited Trust Fund for Home Hardening Grants
Mar 3 2025 // Florida’s chief financial officer, now a candidate for Congress, is backing a bill that would set up a trust fund that would help fund home hardening grants for years to come. Senate Bill 1466, sponsored by state...
John Morgan Wants New Political Party, May Run for Governor of Florida
Feb 28 2025 // The man who has been as much of a litigation nemesis to Florida property and casualty insurers as anyone is launching a new political party and may even run for governor next year. Orlando-based trial lawyer John Morgan,...
Florida’s Baldwin Group Reports $20M Q4 Loss, Universal Earned $6M Profit
Feb 28 2025 // Two major, publicly traded Florida insurance companies reported fourth-quarter earnings, with the Baldwin Insurance Group, Inc. (BWIN) noting a loss of $20.2 million in its fourth quarter. On a per-share basis, the...
Florida’s Bad-Faith Claims Reform Law Not Retroactive, Appeals Court Says
Feb 28 2025 // A Florida appeals court has re-affirmed a major state Supreme Court decision, helping to answer lingering questions about whether the 2022 bad-faith litigation reform law can be applied retroactively. The answer is...
Florida Contractor in Fatal Fall Incident Sentenced for Workers’ Comp Fraud
Feb 25 2025 // A Florida framing contractor has been sentenced to 48 months in prison and millions of dollars in fines and restitution after he failed to obtain workers’ compensation insurance and ignored safety practices, leading...
Florida AG Sues Target, Claiming DEI Initiatives Misled Investors
Feb 24 2025 // TALLAHASSEE, Fla. (AP) — Florida’s new attorney general filed a federal court lawsuit against Target on Thursday, claiming the discount store chain “misled investors” by promoting diversity, equity and...
Florida OIR Wants More Data, Warns Insurers About Concurrent Causation Denials
Feb 24 2025 // As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers’ claims-handling and other...
Former Florida Broker, Others Charged in Insurance Fraud Schemes
Feb 20 2025 // One person in Texas and four people in Florida, including a previously licensed insurance broker, face insurance fraud charges in separate schemes, local and federal authorities said Wednesday. In Hialeah, Florida, three...
Florida Rushing to Enforce New Immigration Laws. Here’s What to Know
Feb 20 2025 // TALLAHASSEE, Fla. (AP) — Days after Gov. Ron DeSantis signed off on immigration legislation he says is the toughest in the nation, Florida’s Republican leaders have named the director of the new state board of...
Florida-Based The Liberty Company Keeps Growing, Now With $100M Credit Offering
Feb 14 2025 // Gainesville, Florida-based The Liberty Company Insurance Brokers, calling itself one of the fastest-growing privately held brokerages in the country, is set to grow a little more this year, thanks to a $100 million line of...
Cash-Flush Florida Seeks to Retire $1.7 Billion of Debt and Prepare for Storms
Feb 12 2025 // Municipal bonds sold by the state of Florida are poised to become much scarcer. That’s because Governor Ron DeSantis plans to pay down $1.7 billion of tax-supported debt as part of his budget proposal for the fiscal...
Florida CFO Appoints Former Lawmaker, Car Dealer Attorney to Citizens’ Board
Feb 11 2025 // Florida’s chief financial officer has named a Pensacola lawyer and businessman to the Citizens Property Insurance Corp. Board of Governors. Frank White, general counsel for one of northwest Florida’s largest...
Florida OIR Approves Smaller Average Rate Increases for Citizens This Year
Feb 10 2025 // Just as many Florida property insurers had hoped to see a boost to the private market with a maximum rate increase for Citizens Property Insurance Corp., state regulators have slashed the rate hike by more than half. After...
Ahoy! Expands Boat Insurance to Boat-Filled Florida Market
Feb 7 2025 // Ahoy! Insurance, calling itself an insurance company built by boaters for boaters, has expanded into Florida, one of the world’s largest recreational boating markets. The excess and surplus lines broker was founded...
Weinstein Wants Mangrove to Be Big Player in Florida, Focused on Mid-Market
Feb 5 2025 // Stephen Weinstein, a Harvard-trained lawyer, has spent more than two decades with Renaissance Re as chief legal officer and executive vice president. He is now turning that experience to Mangrove Property Insurance, a...
Mangrove, Florida’s Newest Home Insurer, Receives Demotech Rating
Feb 3 2025 // Brand new Florida home insurer Mangrove Property Insurance Co. has received a Financial Stability Rating (FSR) of “A, Exceptional” from Demotech, Inc., a financial analysis firm that specializes in rating...
Killed Florida TV Reporter’s Parents Sue His Employer, Charter Communications
Jan 31 2025 // ORLANDO, Fla. (AP) — The parents of a local TV journalist who was fatally shot while reporting on a killing in central Florida in 2023 have filed a negligence lawsuit against their son’s former employer, claiming...
