Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
RMS Estimates High Level of Hurricane Activity for 2008-2012
Dec 7 2007 // Risk Management Solutions has confirmed its modeled hurricane activity rates for 2008 to 2012, following “an elicitation with a group of the world’s leading hurricane researchers.” The forecast concludes...
RiskMeter Adds Florida Wildfire Report to Natural Hazard Report Service
Dec 5 2007 // Online hazard mapping firm, CDS Business Mapping LLC., added a Florida Wildfire report to its RiskMeter Online natural hazard risk report service. By typing in an address, RiskMeter’s wildfire report will return a...
J.Rolfe Davis Insurance CEO Appointed to Fla. Council of 100
Dec 4 2007 // Florida Gov. Charlie Crist approved the nomination of F. David McKinney, chairman and CEO of J. Rolfe Davis Insurance, to The Florida Council of 100. McKinney joined J. Rolfe Davis Insurance in 1974. He received his B.S....
Florida Adopts Program to Improve Handling of Insurer Failures
Dec 4 2007 // Florida is the first state to implement a program that officials say will improve services and save money in the administration of insurance company receiverships, according to the state’s Chief Financial Officer...
Fla. Insurance Regulator Names New Property And Casualty Director
Dec 4 2007 // Florida Insurance Commissioner Kevin McCarty promoted Robin Westcott to director of property and casualty financial oversight with the Office of Insurance Regulation effective Nov. 28. Westcott will report to Deputy...
Runaway Coastline Building Adding To Florida’s Existing Insurance Risk
Dec 3 2007 // The nonstop coastal building across Florida has pushed the insurance risk in the state to nearly $2 trillion, keeping it the diciest place in the world for insurers, an industry analyst said. Gov. Charlie Crist has...
Fla. Malpractice Insurance Rates Down Four Years After Limits Imposed
Dec 2 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...
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...
