Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Fla. Insurance Regulators Get Public Input on New Reinsurance Rules
Nov 29 2007 // Florida Insurance Regulators held a workshop Monday to seek public input on a draft rule that would implement new legislation which gives the insurance commissioner discretion in allowing unaccredited reinsurance companies...
Darwin Pro to Acquire Florida’s Agency Marketing Services
Nov 28 2007 // Darwin Professional Underwriters, Inc. has joined with the lawyers professional liability experts at Wolf Professional Risk in Tampa, Florida to acquire Agency Marketing Services, Inc. of St. Petersburg, Florida. The...
Virtual Conference: Economic Impact from Absence of Hurricanes in Fla.
Nov 26 2007 // Florida has been spared landfall by a hurricane for a second consecutive year, but residents should not be lulled into a sense of false security, cautions Sam Miller of the Florida Insurance Council. The 2007 hurricane...
Florida Malpractice Insurance Rates Down 4 Years after Limits
Nov 25 2007 // Four years ago, many Florida doctors threatened to quit their practices because their malpractice insurance premiums were spiraling out of control. Some doctors retired early, some moved out of state. A few briefly walked...
Florida Construction Licensing Board Appointees Named
Nov 21 2007 // While State Senate confirmation is required, Florida Gov. Charlie Crist announced the following reappointments and appointments to the Construction Industry Licensing Board: ·Carl Engelmeier, 57, of Apopka, president,...
Florida Regulators Deny Allstate Rate Increases
Nov 19 2007 // The Florida Office of Insurance Regulation issued Notices of Intent to disapprove five rate filings submitted by Allstate Floridian Insurance Co., Allstate Floridian Indemnity Co., Encompass Floridian Insurance Co., and...
Brown Named Chief of Staff of Fla. Insurance Commission
Nov 19 2007 // Florida Insurance Commissioner Kevin McCarty promoted Audrey Brown to the position of chief of staff with the Office of Insurance Regulation effective Nov. 19. Brown has served as the deputy chief of staff since June,...
People
Nov 18 2007 // The Property Casualty Insurers Association of America (PCI) elected new officers during its annual meeting in Boston recently. Robert Joyce, chairman and chief executive officer of Westfield Group, was elected as the...
Fla.’s Citizens Begins Offering Commercial Multi-peril
Nov 18 2007 // The Florida Office of Insurance Regulation approved a new multi-peril commercial insurance program for Citizens Property Insurance Corp. The new multi-peril product provides up to $2.5 million in coverage. The policies...
Fla. Title Co. to Pay $5 Million in Penalties
Nov 16 2007 // In violation of the Florida Insurance Code and federal law, First American Title Insurance Company agreed to pay $5 million in penalties and costs after allegedly paying “kickbacks” to builders, bankers, real...
Bill Would Provide Incentives for States to Enforce Stronger Building Codes
Nov 14 2007 // States that already have a mandatory statewide building code and have enforcement measures in place would be eligible for an additional 4 percent of federal disaster relief funds under recently introduced federal...
Fla. Insurance Regulator Named Gov.’s Policy Director
Nov 9 2007 // Florida Gov. Charlie Crist named David Foy to serve as his new policy director. Foy most recently served as the chief of staff for Florida’s Office of Insurance Regulation. As OIR’s chief of staff, Foy directed...
Florida Insurer Group Elects Coral Gables Agent President
Nov 7 2007 // Professional Insurance Agents of Florida elected Phil Zelman president of the board effective Oct. 1. A member of PIA since 1999, Zelman is vice president and co-owner of NCF Insurance Associates in Coral Gables, Fla., and...
Florida Regulator Approves Citizens New Multi-Peril Program
Nov 6 2007 // The Florida Office of Insurance Regulation approved a new multi-peril commercial non-residential insurance program for Citizens Property Insurance Corp. The new multi-peril product provides up to $2.5 million in coverage....
Report: Global Warming to Worsen Coastal Insurance Woes
Nov 5 2007 // Homeowners and businesses are finding it harder to afford, or even obtain, insurance in coastal states after catastrophes such as Hurricane Katrina, and global warming is going to make the situation worse, according to a...
ACE pays $4.5 million to states
Nov 4 2007 // ACE Group Holdings has agreed to pay $4.5 million to end a bid-rigging and price-fixing case, according to officials from eight states and the District of Columbia. Florida’s Chief Financial Officer Alex Sink said...
ACE pays $4.5 million to states
Nov 4 2007 // ACE Group Holdings has agreed to pay $4.5 million to end a bid-rigging and price-fixing case, according to officials from eight states and the District of Columbia. Florida’s Chief Financial Officer Alex Sink said...
ACE pays $4.5 million to states
Nov 4 2007 // ACE Group Holdings has agreed to pay $4.5 million to end a bid-rigging and price-fixing case, according to state officials. The monies will be divided among eight states and the District of Columbia. Florida’s Chief...
States under cover
Nov 4 2007 // Natural catastrophes — and the affordability and availability of property insurance in disaster-prone areas — have been on center stage in coastal states from the Northeast to the Gulf Coast. This fall, the...
Fla. Couple Arrested for Allegedly Burning Residence
Nov 2 2007 // A Crestview, Fla., couple is facing felony charges stemming from the suspicion that they intentionally set their home on fire. Zachary Lee Dalton and his wife Kellie Elizabeth Hahn, both 24, were arrested Oct. 31 by the...