Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Deputy Streukens Leaving Fla. Insurance Department
Sep 29 2006 // Deputy Commissioner for Property and Casualty Insurance Tom Streukens is leaving the Florida Office of Insurance Regulation to take a position as Operations Director for the Florida Workers’ Compensation Insurance...
Florida CFO Candidates Lee and Sink Spar at Issues Forum
Sep 29 2006 // Florida Republican chief financial officer candidate Tom Lee and Democratic candidate Alex Sink presented two divergent viewpoints of the state Cabinet job they are seeking and the experience needed to accomplish its...
Fla., Ga. Regulators Warn Consumers of Multi-state Scam
Sep 28 2006 // A bogus letter telling recipients they have won a contest with a chance to win big money is at the center of fraudulent activity being perpetrated in multiple states. The letter is on forged MAG Mutual Insurance Co....
AIG to Refund $14 Million in Florida Settlement
Sep 27 2006 // Under a consent order issued by Florida Insurance Commissioner Kevin McCarty, AIG Insurance Company will be required to refund or credit approximately $13.6 million in workers’ compensation, and approximately...
Fla. to Hear Industry’s Bid to Cut Workers Comp Rates 13%
Sep 26 2006 // The National Council on Compensation Insurance filed a proposed 13.3 percent decrease in Florida workers compensation rates that will face a public hearing next month in Tallahassee. According to the Florida Office of...
Fla. sinkhole law could mean premium savings for some
Sep 25 2006 // Residential property owners in Florida could potentially save from 4 to 14 percent on the sinkhole portion of their home insurance premium due to changes in coverage enacted earlier this year. However, because the sinkhole...
People and Places
Sep 25 2006 // Miami insurance agent Alex Soto has been inaugurated as the new president of the Independent Insurance Agents & Brokers of America (the Big “I”), with Robert E. Fulwider and C. Brett Nilsson assuming the...
Agents signing up for Florida’s new small business JUA
Sep 25 2006 // Florida’s residual market for commercial insurance began providing coverage for small businesses on Sept. 15. More than 60 agents had signed up online for the program within hours of the official signing of a...
Florida race for CFO has meaning for insurance interests
Sep 25 2006 // In the race for Florida’s Chief Financial Officer, the public is not only being asked to vote, but voters are also being challenged to learn about the responsibilities that accompany the office. The job has been...
Declarations
Sep 25 2006 // Credit memo “The order confirms the Florida Insurance Council’s position that the memorandum is itself a rule as defined in the Administrative Law Code of Florida, and as such, must be promulgated as a rule in...
Creating more capacity on the Texas coastline
Sep 25 2006 // Writing property insurance in Texas can be a difficult proposition, especially in a time when the frequency and severity of catastrophic coastal storms is increasing. To address this problem, the Texas Joint Committee on...
People
Sep 25 2006 // Miami insurance agent Alex Soto has been inaugurated as the new president of the Independent Insurance Agents & Brokers of America (the Big “I”), with Robert E. Fulwider and C. Brett Nilsson assuming the...
Panhandle Hosting Fortify Florida Expo
Sep 22 2006 // Pensacola will host the second in a series of free homeowner expos that combine the expertise of businesses and not-for-profit agencies to show Floridians how to make their homes more hurricane-resistant. “Fortify...
Fla. Nixes Citizens’ Plan; Bans Hiring of Lawyers for Rate Appeals
Sep 19 2006 // Florida Governor Jeb Bush and his Cabinet have rejected a proposed plan of operation for Citizens Property Insurance Corporation and instead ordered the state’s insurer of last resort to hold a series of public...
Fla.’s Citizens Insurance Seeks 2% Policyholder Surcharge
Sep 18 2006 // All Florida homeowners with insurance will likely pay a little over 2 percent extra on their premium when they renew to help bail out the state-backed insurance company for people who can’t get coverage from private...
Florida’s Commercial JUA Now Open for Small Business Risks
Sep 18 2006 // Originally slated for a Sept. 1 start date, Florida’s residual market for commercial insurance began providing coverage for small businesses on Sept. 15. A signing event took place midday on Sept. 15 and by...
Fla. Orders Universal Underwriters Return $5.3M in Overcharges
Sep 17 2006 // The Florida Office of Insurance Regulation has ordered Universal Underwriters Insurance Co. to return what the state says are $5.3 million in overcharges to 526 commercial policyholders. According to Florida Insurance...
Public Hearings Set for Nationwide, USAA Rate Filings in Fla.
Sep 15 2006 // The Florida Office of Insurance Regulation (Office) has scheduled public hearings for Sept. 19 and 26 on rate filings submitted by Nationwide Insurance Company of Florida, United Services Automobile Association, USAA...
Floridians Told Not to Worry About Quakes Despite Recent Rattler
Sep 13 2006 // Floridians can go back to worrying about hurricanes. Scientists said last Sunday’s magnitude 6.0 earthquake that rattled windows from southwest Florida to Louisiana was rare, and a seismic jolt powerful enough to do...
Fla. Considers Standards for Home Insurers’ Mitigation Discounts
Sep 12 2006 // Florida home insurance companies may have to spell out standardized premium discounts homeowners would get for certain home improvements under a recommendation discussed Thursday by a state panel. The Property and Casualty...
