Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Allstate dropping most earthquake coverage nationwide
Jun 19 2006 // Allstate Insurance Co. says it is dropping earthquake insurance to most of its 407,000 quake customers nationwide as a part of a larger move to reduce exposure to catastrophic losses. Allstate Spokesman Mike Siemienas in...
Business Moves
Jun 19 2006 // HealthNow N.Y., Brokerage Concepts HealthNow New York Inc., parent company of BlueCross BlueShield of Western New York and BlueShield of Northeastern New York, is acquiring the business and operations of and Brokerage...
New Markets
Jun 19 2006 // Outdoor Sporting Program Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance...
Florida Homeowners’ Insurers
Jun 19 2006 // Current Florida Financial DPW 2005 Stability Designation Company Name in 000s Rating FL Specialty Encompass Floridian Indemnity Co. $4,437 A FL Specialty Encompass Floridian Insurance Co. $16,059 A FL Specialty Nationwide...
Fla. insurance veteran Gallagher, 79, litigation, acquisition expert
Jun 19 2006 // Phil C. Gallagher, 79, a Florida insurance agent, litigation consultant and expert witness, passed away in Miami June 1. Gallagher had more than 50 years of insurance industry experience. Gallagher was formerly associated...
Despite Bush veto, Florida legislators vow to revive no-fault bill in 2007
Jun 19 2006 // Irate Florida legislators, upset after Gov. Jeb Bush vetoed the state’s no-fault auto insurance law, are vowing to place the topic of no-fault insurance and the personal-injury-protection bill on the front burner...
Florida vows to implement credit scoring rule despite protests
Jun 19 2006 // Florida insurance officials are vowing to enforce a new rule regarding the use of credit scores in insurance starting September 1, despite protests from the industry that the rule is too stringent. The Financial Services...
Editor’s Note: Florida PIP, no-fault, rescue only temporary until 2007
Jun 19 2006 // The insurance industry was on pins-and-needles in early May when the Florida Legislature passed SB 2114 and extended when the state’s no-fault auto insurance law would sunset—but then the bill went onto the...
Florida Preferred liquidated
Jun 19 2006 // Florida Preferred Insurance Company policyholders will be protected this hurricane season because company officials agreed to let the financially-troubled property insurer enter into liquidation effective June...
Crist reaches $609,000 settlement in hurricane price gouging
Jun 19 2006 // ANorth Carolina-based company has reached a settlement to resolve Florida price gouging allegations stemming from the 2004 hurricane season, according to Florida Attorney General Charlie Crist. Crist said Southeastern...
Crist reaches $609,000 settlement in hurricane price gouging
Jun 19 2006 // ANorth Carolina-based company has reached a settlement to resolve Florida price gouging allegations stemming from the 2004 hurricane season, according to Florida Attorney General Charlie Crist. Crist identified the company...
News Currents
Jun 19 2006 // CAT response vehicle ready just in time for Tropical Storm Alberto Florida insurance agents rolled out a new, state-of-the-art catastrophe response vehicle just in time for the arrival of Tropical Storm Alberto. At press...
Florida’s home insurance market: domiciled insurers persist
Jun 19 2006 // At the outset of 2006, the 21 Florida-domiciled insurers rated A or better by Demotech Inc., had an 18 percent share of the voluntary market. Their total 2005 writings were $977 million. Over a dozen have begun writing...
Fla. insurance veteran Gallagher, 79, litigation, acquisition expert
Jun 19 2006 // Phil C. Gallagher, 79, a Florida insurance agent, litigation consultant and expert witness, passed away peacefully in Miami June 1. Gallagher had more than 50 years of ins insurance industry experience. Gallagher was...
Things that should keep you awake at night
Jun 19 2006 // The integration of the U.S. insurance market and global financial market will have a profound impact on business, according to Dave Zwiener, president and chief operating officer of Property and Casualty Operations for The...
Safe Home Expert Says Florida Building Codes Working
Jun 16 2006 // According to a consultant for the Federal Alliance for Safe Homes, Florida’s building codes that were approved in 2001 are working. He also says that Hurricane Charlie was a “model” hurricane in the sense...
Judge Upholds Plan to Smoothly Transition Poe Policyholders
Jun 16 2006 // Leon County Circuit Judge Janet Ferris has reaffirmed her approval of the Florida Department of Financial Services’ plan to protect and to smoothly transition nearly 330,000 policyholders with Atlantic Preferred,...
Davis Makes Proposals to Fix Florida’s Property Insurance Problems
Jun 12 2006 // Windstorm insurance companies would have to cover water damage caused by hurricanes under a proposal Democratic gubernatorial candidate Jim Davis released June 9, part of a multi-pronged proposal to solve the problems...
Evacuations Begin: Alberto to Hit Florida Today
Jun 12 2006 // National Hurricane Center forecasters were closely watching the season’s first tropical storm on Monday evening and were unsure if Alberto would strengthen into a hurricane overnight or maintain its speed just below...
Florida Insurance Council Updates Hurricane Hotline List
Jun 12 2006 // A list of individual company “hotline” numbers that policyholders would use if Tropical Storm Alberto becomes more than a rainmaker, has been updated by the Florida Insurance Council in Tallahassee,...
