Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
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...
New Markets
Feb 24 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Baseball/Softball Leagues Nuts &...
People
Feb 24 2008 // BMS, a reinsurance intermediary based in Philadelphia, has appointed James T. Buysse as chief executive officer of its North American operations, BMS Intermediaries Inc. Buysse has 25 years of experience in the reinsurance...
Declarations
Feb 24 2008 // Media Alert “In an attempt to goad the media into writing another article about their suit, State Farm continues to add more irrelevant, inflammatory and frivolous allegations. I hope the learned members of the media...
Business Moves
Feb 24 2008 // Mercator, Tennant Risk Services Mercator Risk Services, a specialty wholesale insurance broker, acquired Tennant Risk Services Insurance Agency LLC, a Hartford, Conn.-based wholesale broker and underwriting manager. Terms...
Business Moves
Feb 24 2008 // Higginbotham & Associates, ATMD Higginbotham & Associates announced a partnership with Allred-Thompson-Mason-Daugherty (ATMD) in an effort to broaden its Texas presence. ATMD is a general lines insurance agency...
Business Moves
Feb 24 2008 // Chartwell Independent Insurance Brokers Chartwell Independent Insurance Brokers LLC, a Los Angeles-based wholesale and specialty insurance broker focusing on high-risk, hard-to-place coverage, has opened a new office in...
Fla. Lawmakers Confront Property Insurance, again, in 2008 Session
Feb 22 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...
6 Fla. Workers’ Comp Cos. Ordered to Refund ‘Excess’ Profits
Feb 20 2008 // Florida Insurance Commissioner Kevin McCarty has ordered six workers’ compensation insurance companies to return $4.2 million in what his agency says are excessive profits to their policyholders. By law,...
Fla. Insurance Regulator Files Complaint to Suspend Allstate Licenses
Feb 19 2008 // Florida Insurance Commissioner Kevin McCarty today announced that the Office of Insurance Regulation has filed an administrative complaint on a non-emergency basis seeking to suspend the certificates of authority of the...
