Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
CFO Sink Sworn In as Lone Democrat in Fla. Cabinet
Jan 4 2007 // Democrat Alex Sink broke the Republican hold on the state’s executive branch Tuesday when she was sworn in as Florida’ chief financial officer. Sink, a former banking executive, and newly elected Attorney...
Insurers Overturn Fla. Restriction on Use of Credit Scoring
Jan 4 2007 // A Florida Administrative Law Judge has declared that the Florida Office of Insurance Regulation’s rule restricting the use of credit information by insurers is invalid. In a Dec. 29 ruling, Judge Lawrence P....
Competitive Fla. Workers’ Compensation Market Has a Few Gaps
Jan 3 2007 // The Florida workers’ compensation market is in good shape, although some small firms may be having difficulty obtaining coverage. An analysis by Insurance Commissioner Kevin McCarty’s office shows the...
Public Adjuster Fees Capped to Protect Florida Tornado Victims
Dec 29 2006 // TheFlorida Department of Financial Services is advising that due to Gov. Jeb Bush’s declaration of a state of emergency in Pasco, Volusia, Lake and Columbia counties as a result of widespread damage from tornadoes...
Pa. Court Grants Doctors’ Class Action Over Blues’ Reimbursements
Dec 29 2006 // Thousands of Pennsylvania doctors may be eligible to join a lawsuit over a Blue Cross health plan’s reimbursement rates after a federal judge granted the plaintiffs class-action status. The suit charges that Keystone...
Florida’s Citizens Opens Emergency Operations Center in Deland
Dec 28 2006 // Citizens Property Insurance Corp. opened an emergency operations center in Deland, Fla., to help policyholders whose homes were damaged by the Dec. 26 storms and tornadoes in the Volusia County area. The center is at the...
Florida Storm Hotline Ready to Assist Tornado Victims
Dec 27 2006 // Residents whose homes or businesses were damaged by tornados that struck several central Florida counties can call the Florida Department of Financial Services’ storm hotline at 1-800-22-STORM if they need help...
Florida’s Star Casualty Earns B++ Rating from A.M. Best
Dec 27 2006 // In addition to assigning a ‘stable’ outlook for 2007, A.M. Best Co. awarded Star Casualty Insurance Co. of Coral Gables an initial rating of B++. Star Casualty is a domestic property and casualty company that...
2006: a big year for P&C buyers and sellers of all shapes and sizes
Dec 25 2006 // JANUARY Hallmark Aquires Aerospace Holdings Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark...
People and Places
Dec 25 2006 // Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance...
It Figures
Dec 25 2006 // 55% The rate hike that Florida’s insurer of last resort, Citizens Property Insurance Corp., decided to delay a vote on, following requests from lawmakers to wait until after the January special legislative...
Declarations
Dec 25 2006 // Tort reform impact “It’s difficult to say whether tort reform measures have impacted this slow down in tort costs growth. We have yet to see what, if any, impact the class action reform legislation that was...
Brown & Brown settlement with Florida: no charges, no guilt, no fines
Dec 25 2006 // After being the target of state investigations for more than two years, giant Florida insurance agency Brown & Brown Inc. admitted no guilt and faced no charges but opted to pay $5.8 million to bring the probes to a...
Insurance issues have been key in Southeast’s ongoing recovery
Dec 25 2006 // While Mother Nature was nicer to the Southeast and the insurance industry in 2006 than she was in 2005, her potential for destruction was never far from the minds of those living and rebuilding in the Southeast. Insurance...
Dec 24 2006 // People Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas...
Brown & Brown settlement with Florida: no charges, no guilt, no fines
Dec 24 2006 // News Currents After being the target of state investigations for more than two years, giant Florida insurance agency Brown & Brown Inc. admitted no guilt and faced no charges but opted to pay $5.8 million to bring the...
Figures
Dec 24 2006 // 55% The rate hike that Florida’s insurer of last resort, Citizens Property Insurance Corp., decided to delay a vote on, following requests from lawmakers to wait until after the January special legislative...
Top 10 Stories of the Year – Southeast
Dec 24 2006 // While Mother Nature was nicer to the Southeast and the insurance industry in 2006 than she was in 2005, her potential for destruction was never far from the minds of those living and rebuilding in the Southeast. Insurance...
Declarations
Dec 24 2006 // Tort reform impact “It’s difficult to say whether tort reform measures have impacted this slow down in tort costs growth. We have yet to see what, if any, impact the class action reform legislation that was...
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
