Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Borrowing Money Likely Option for Florida Catastrophe Fund
Jul 18 2007 // Florida officials said Monday they are considering borrowing as much as $5 billion to make sure the Hurricane Catastrophe Fund will have enough to pay claims in the event of a large hurricane. The state Board of...
Insurance Broker to Reimburse Floridians $2.6 Million
Jul 17 2007 // While denying wrongdoing, Willis Group Holdings Ltd., a national insurance broker, agreed to reimburse $2.6 million to multiple Florida cities and counties, according to state officials. Florida Chief Financial Officer...
Fla. CFO Paints Scenario of Post No-Fault Auto Insurance
Jul 17 2007 // After several weeks of analysis, Chief Financial Officer Alex Sink sent Gov. Charlie Crist, Senate President Ken Pruitt, House Speaker Marco Rubio and other legislative leaders a letter outlining potential implications of...
Florida Artist Creates Sculptures to Expose Road Debris Hazard, Liability
Jul 16 2007 // Created from pieces of pipe, sheet metal, plastic buckets and traffic barricades found on Florida roads, Ken Andexler’s sculptures have a pointed message: Road debris is dangerous, and it’s everywhere. The junk...
Partnership Presents More Options in Florida Market
Jul 11 2007 // J. Rolfe Davis, insurance advisor for companies throughout Florida, announced a business alliance with Alltrust Insurance a TampaBay-based independent insurance agency specializing in employee benefits. John Turner,...
Fla. Commissioner Issues Cease & Desist Order to Unlicensed Viatical
Jul 11 2007 // Florida Insurance Commissioner Kevin McCarty issued a Cease and Desist Order to Great West Growth, LLC of Minneapolis, Minnesota ordering Great West Growth to cease operating as a viatical settlement provider in...
Small Plane Crashes into Florida Neighborhood
Jul 11 2007 // A small plane trying to make an emergency landing crashed into a suburban Orlando, Fla., neighborhood Tuesday morning, starting two house fires and injuring at least three people, authorities said. Both homes were largely...
Sink: Fla. Workers’ Comp Rates to be Cut in Half Next Year
Jul 10 2007 // While Florida business owners may still be struggling with high property insurance costs, another major business expense will go down next year: workers’ compensation assessment rates are set to be cut in...
Hydrant Problems Hampered Efforts to Save Florida Church
Jul 10 2007 // Trouble with fire hydrants in Freeport, Fla., hampered efforts to save a burning church, firefighters said. Firefighters used water from a nearby retention pond to fight the June 6 fire at New Beginnings Church in Freeport...
Insurer Group Refutes Fla. Gov. Crist’s Claim of ‘Broken Promises’
Jul 6 2007 // Insurance companies have taken exception to a reported accusation by Florida Gov. Charlie Crist that the insurance industry has broken its promises to lower rates and help restore the state’s private property...
Fla. CFO Cuts State’s Workers Comp Charge to Insurers
Jul 5 2007 // Florida Chief Financial Officer Alex Sink ordered a 50 percent cut in the 2008 Workers’ Compensation Administration Trust Fund assessment rate. The reduction is projected to result in as much as $19 million in...
News Briefs
Jul 2 2007 // Insurer United P&C ordered to refund Florida homeowners Florida Insurance Commissioner Kevin McCarty is requiring United Property & Casualty Insurance Co. to refund millions of dollars in unapproved...
Figures
Jul 2 2007 // 27 The number arrested by Florida officials in an ongoing investigation dubbed “Operation TGIF” because the group perpetrated staged accidents on Fridays. The staged accident ring billed auto insurers more than...
Fla. regulators again irk insurers over credit rule
Jul 2 2007 // Property/casualty insurers are complaining that the Florida Office of Insurance Regulation is “off the mark” in developing rules implementing a law passed in 2003 addressing insurers’ use of credit...
Insurers: Fla.Consumers Will Benefit at Demise of No-Fault Insurance
Jun 29 2007 // Consumers in Florida will soon see significant cost savings and a more consumer-friendly automobile insurance system when the state’s fraud ridden no-fault personal injury protection (PIP) law sunsets October 1,...
Lanier Upshaw Forms Private Risk Management Group for Florida Market
Jun 28 2007 // Lanier Upshaw has created a practice group tailored to meet the private insurance needs of high net worth clientèle throughout Florida. The group, named Private Risk Management, will insure high value items such as...
Burns and Wilcox Announces Pollution Liability Coverage in Florida
Jun 28 2007 // In Florida, the Tampa and Daytona Beach offices of Burns and Wilcox announced the availability of ACE Westchester Specialty Group’s pollution liability insurance product, as offered through Westchester Surplus Lines...
Fla. Agents Want to Keep Personal Injury Protection
Jun 28 2007 // Insurance agents in Florida are gearing up for a special legislative session on whether to keep the state’s no-fault personal injury protection auto insurance law. Professional Insurance Agents of Florida Government...
Fla. Office of Insurance Regulation Announces Staff Changes
Jun 27 2007 // Florida Insurance Commissioner Kevin McCarty recently announced new staff changes for the Florida Office of Insurance Regulation. “The new additions to our management team give the Office an exceptional combination...
Fla. Coalition: Briny Plan is Recipe for Chaotic Hurricane Evacuation
Jun 27 2007 // The Florida Coalition for Preservation has asked Secretary Thomas Pelham of the Florida Department of Community Affairs to consider a host of costs that will be borne by taxpayers if the agency accepts the...
