Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida’s Main Street America Group Reports Results for 2007
Mar 17 2008 // Jacksonville, Fla.-based Main Street America Group reported its fiscal year 2007 ended on an high note with “some of the best financial results in its 84-year history.” The super regional property/casualty...
Average Homeowners Policy Rate Comparison is Meaningless
Mar 17 2008 // Despite the insurance industry’s traditional reliance on averages, averages don’t always make sense when comparing premiums. In Texas, as elsewhere, individual premiums are subject to so many variables — from...
Fla. Senate Makes Recommendations on Property Insurance Accountability
Mar 14 2008 // The Florida Senate Select Committee on Property Insurance Accountability wants to restrict reinsurance costs in rates and strengthen the excess profits law among other things. Co-chaired by Sen. Jeff Atwater, R- North Palm...
Florida Gov. Authorizes Emergency Declaration for Columbia County
Mar 14 2008 // Florida Gov. Charlie Crist signed an executive order Thursday, authorizing an emergency declaration for Columbia County and Lake City in the wake of devastating tornadoes that struck the area earlier this month. On March...
2008 State Rankings: Sinners and Saints Among Tort Systems
Mar 14 2008 // Florida ranks the worst in terms of tort costs and litigation risks, while North Dakota ranks the best. In a separate ranking, Colorado has the best tort laws on its books, while Rhode Island has the worst. The free-market...
Florida Insurance Commissioner to Speak at Forum in Boca Raton
Mar 12 2008 // Florida Insurance Commissioner Kevin McCarty will be the featured speaker in Thursday’s executive forum series at the Florida Atlantic University College of Business in Boca Raton. McCarty will offer his perspectives...
Florida Insurance Commissioner Amends Citizens’ Take-Out Procedures
Mar 12 2008 // Florida Insurance Commissioner Kevin McCarty signed an order approving Citizens Property Insurance Corp. take-out plans for the year and requiring Citizens to notify policyholders whose agents have refused to allow their...
AIG Expands Hurricane Service for High Net Worth Clients
Mar 11 2008 // AIG Private Client Group said it will begin offering its Hurricane Protection Unit service to some of it high net worth policyholders in New York, New Jersey and Florida. The service provides a hurricane mitigation...
Florida Hospital Error Prompts Parents to Prevent Similar Accidents
Mar 11 2008 // Horst and Luisa Ferrero, of Gainesville, Fla., took their 3-year-old, Sebastian, in for a medical exam last October. Two days later he was dead, killed by a series of medical errors that began with a massive drug...
It Figures
Mar 10 2008 // 100,000 Pages of documents Allstate spokesman Adam Shores said the company provided Florida insurance regulators as of mid-February. A Florida Senate Select Committee on Property Insurance Accountability requested Allstate...
Business Moves
Mar 10 2008 // State Farm, Florida Florida’s largest private insurer, State Farm, has decided to cease writing new policies for homes. The move is not expected to affect most of the company’s 1 million current policyholders....
For Florida Politicians, Property Insurance Just Won’t Go Away
Mar 10 2008 // Property insurance wasn’t supposed to be the big issue in the 2008 Florida Legislature. To the chagrin of many lawmakers, it just won’t go away. Legislators thought they’d largely taken care of the issue...
Florida Insurance Market Showing Signs of Improvement
Mar 10 2008 // The insurance market in Florida is adjusting to changing conditions — some man-made, others resulting from forces of nature — all of which make property insurance for Florida homeowners more available and more...
Average Homeowners Policy Rate Comparison is Meaningless
Mar 10 2008 // Despite the insurance industry’s traditional reliance on averages, averages don’t always make sense when comparing premiums. In Texas, as elsewhere, individual premiums are subject to so many variables — from...
Horse Owners Laud Florida’s Upcoming ‘Equine Lemon Law’
Mar 6 2008 // When you buy a car, state law offers some protection against misleading sales techniques; Florida lawmakers decided horse buyers need a “lemon law,” too. The law mandates the disclosure of “relevant...
Insurers to Fla. Lawmakers: Make Corrections on Property Insurance
Mar 4 2008 // The convening of the Florida Legislature this week will present an opportunity for legislators to reconsider some of the problematic measures passed in 2007, according to the American Insurance Association. “From a...
Fla. Mobile Home Insurance Co. Files 72.9% Rate Increase
Mar 4 2008 // Florida-based Foremost Insurance Group of companies filed a 72.9 percent increase on mobile homeowners’ insurance rates, according to the Florida Office of Insurance Regulation. The group’s companies, including...
Survey: Fla. Voters Agree Property Insurance Market Still in Crisis
Feb 28 2008 // More than 40 percent of “likely” Florida voters polled in a recent survey describe the current property insurance market as a crisis, according to the Property Casualty Insurers Association of America. Neil...
Station Fire, Failure Cause Fla. Power Outage, Close Nuke Plant
Feb 27 2008 // Millions of Floridians sweated. Restaurant owners tossed out their food. Motorists battled each other even more than usual. And all for something that should have been just a blip on the electrical grid. An equipment...
Fla. Insurers See Hurricane Insurance Market on the Mend
Feb 25 2008 // The insurance market in Florida is adjusting to changing conditions – some man-made, others resulting from forces of nature – all of which make property insurance for Florida homeowners more available and more...
