Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
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...
Fla. OKs 2 Percent Insurance Surcharge Due to 2004-05 Storms
Nov 1 2007 // Floridians with homeowner, commercial and liability insurance polices will pay a third 2 percent surcharge to help cover claims against four insurers that went belly up after a series of hurricanes in 2004 and...
Noel Leaves over 60 Dead; Bahamas, Florida Coast Warnings
Nov 1 2007 // It may not have reached hurricane strength, but tropical storm Noel has piled up a lengthening list of death and destruction, as it heads towards the Bahamas. The slow moving storm caused the deaths of at least 40 people...
Fla. Approves Workers’ Comp Rate Decrease
Oct 31 2007 // Florida insurance regulators approved the National Council on Compensation Insurance’s amended rate filing for workers’ compensation insurance rates. On Oct. 22, Insurance Commissioner Kevin McCarty ordered...
Fla. Stiffens Standards for Home Mitigation Program Inspectors
Oct 30 2007 // Nearly six months after expanding statewide, the My Safe Florida Home (MSFH) program is increasing standards for participating wind inspection firms, in a continued effort to improve the quality of inspections provided for...
Private Insurers Find Way to Grow in Florida Homeowners Market
Oct 29 2007 // The Florida Office of Insurance Regulation signed Consent Orders allowing four companies to assume a total of 173,000 policies from the Citizens Property Insurance Corp., the state’s insurer of last resort. American...
Editor’s Note: No coasting
Oct 27 2007 // While Congress continues to debate whether to launch any sort of national disaster backup plan or add wind coverage to the federal flood program, states are coming up with some of their own ideas — big and small...
People
Oct 27 2007 // Fulwider was inaugurated as the new chair of the Independent Insurance Agents & Brokers of America (the Big “I”), with C. Brett Nilsson, and J. David Daniel assuming the offices of chair-elect and vice...
Declarations
Oct 27 2007 // No-fault returns “Today is a great day for the people of Florida because the Florida Legislature stepped in to provide protections for Florida’s drivers. In doing so, they made a good law an even better law by...
Fla. brings back no-fault auto insurance
Oct 27 2007 // Gov. Charlie Crist signed legislation that will reinstate Florida’s Motor Vehicle No-Fault Law and ensure that drivers have $10,000 worth of health care benefits through personal injury protection or PIP coverage by...
News Currents
Oct 27 2007 // Fla. medical malpractice market continues to improve A recent state-sponsored report showed a continuing trend of recovery for the Florida medical malpractice industry – an industry that experienced double-digit rate...
ACE Insurance Pays $4.5 Million to Settle Multi-state Bid-rigging Claims
Oct 26 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...
Fla. Workers’ Comp Rate Decrease not Enough for Commissioner
Oct 24 2007 // Florida Insurance Commissioner Kevin McCarty disapproved the National Council on Compensation Insurance’s latest rate filing for workers’ compensation insurance rates, due to become effective next year. McCarty...
North Point Holdings Acquires Home Pointe Insurance for $15.3 Million
Oct 23 2007 // Mich.-based North Pointe Holdings Corp. announced Monday that it has signed an agreement for the sale of its Home Pointe Insurance Co. subsidiary, which comprises North Pointe’s Florida homeowners and dwelling fire...
