Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
My Safe Fla. Home Program Addressing Waiting List of Homeowners
Apr 25 2007 // My Safe Florida Home — a state-funded windstorm mitigation initiative — is vowing to take care of the more than 50,000 homeowners on its pilot program waiting list for services and begin accepting new requests for free...
Fla. House Panel Moves Bill Banning Fla.-Only Insurer Subsidiaries
Apr 24 2007 // National insurance companies would be prevented from setting up new, Florida-only subsidiaries under a bill a House panel approved Monday, part of an effort to force property insurance rates lower to appease angry...
2007 Agency Salary Survey says …
Apr 23 2007 // More than a 1,000 insurance agencies nationwide responded to the 2007 Agency Salary Survey published in the March 12, 2007, issue of Insurance Journal. While Insurance Journal published the survey results in its annual...
News Currents
Apr 23 2007 // Florida system rates homes’ wind resistance Florida officials have developed a system to rate homes on their ability to withstand wind damage. The rating system — created in response to recent legislation and...
Majority of medical malpractice claims close without payment
Apr 23 2007 // The majority of medical malpractice claims in a study of seven states were closed without any compensation paid to those claiming a medical injury, the Justice Department’s Bureau of Justice Statistics (BJS)...
Coastal population growth contributing to high cost of property coverage
Apr 23 2007 // The U.S. population in hurricane-prone coastal states continues to rise, a trend that is likely to impact adversely the nation’s coastal property insurance market for years to come, according to Dr. Robert Hartwig,...
Coastline populations increasing insurance prices
Apr 23 2007 // The U.S. population residing in hurricane-prone states continues to rise, a trend which is likely to impact adversely the nation’s coastal property insurance market for years to come, according to testimony by Dr....
2007 Agency Salary Survey says …
Apr 23 2007 // More than a 1,000 insurance agencies nationwide responded to the 2007 Agency Salary Survey published in the March 12, 2007, issue of Insurance Journal. While Insurance Journal published the survey results in its annual...
U.S. Approves Funds for Florida Tornado Victims
Apr 18 2007 // Federal officials have approved more than $17.7 million in payouts in connection with tornadoes that hit Florida last winter. The Federal Emergency Management Agency said it also approved an additional $20.6 million in...
Fla. CFO Supports New Rules on Insurance Sales to Military
Apr 17 2007 // Saying she is concerned about Florida’s servicemen and women falling victim to deceptive and improper insurance sales practices, Chief Financial Officer Alex Sink spoke before the Senate Banking and Insurance...
Military Insurer USAA Restricts New Business in Florida
Apr 13 2007 // Effective immediately, military personnel insurer USAA said it will “significantly restrict” the number of new homeowner, fire, and renter insurance policies it sells in Florida. USAA will only sell new...
Bush Administration Rejects Pleas for Federal Disaster Plan
Apr 13 2007 // Warning of another looming hurricane season, lawmakers including Florida Gov. Charlie Crist pleaded this week in Washington for a national catastrophe fund to help stabilize an insurance industry that they say has gone...
Industry to Congress: Private Market Is the Best Solution on Natural Disasters, But Some Say Federal Help Needed
Apr 11 2007 // The private insurance marketplace, not the federal government, is the best vehicle to address coastal insurance issues and natural disasters in the U.S., according to insurers. Even so, the federal government can play a...
Insurers Slam Florida Citizens Expansion Bill
Apr 10 2007 // The larger the Citizens Property Insurance Corp. becomes, the greater the financial crisis that could occur when a major storm hits Florida, insurers cautioned this week. That message from the Property Casualty Insurers...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
Majority of medical malpractice claims close without payment
Apr 9 2007 // The majority of medical malpractice claims in a study of seven states were closed without any compensation paid to those claiming a medical injury, the Justice Department’s Bureau of Justice Statistics (BJS)...
Are state-backed insurance schemes the wave of the future?
Apr 9 2007 // The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and...
Perils of Citizens’ policy
Apr 9 2007 // As Florida lawmakers continue to deal with insurance problems, the insurance industry is not the only interest calling on them to look before they leap and avoid making matters worse for property owners, taxpayers and the...
It Figures
Apr 9 2007 // 54% The statewide average increase of 54 percent for homeowners rates that Nationwide Insurance requested in Florida last year. The request has been granted but due to a new law it will likely be much less. The increase...
Fla. lawmakers face future of no-fault law
Apr 9 2007 // After her car accident, Sarah Capps suffered from a sore shoulder and back. What she thought were common pains turned out to be six herniated discs. Were it not for the protective medical coverage that every Florida car...
