Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Fla. SB 1596, HB 561 Tighten Grip on Insurance Fraud
May 5 2006 // Passage by Florida’s Legislature of Senate Bill 1596 and House Bill 561, sponsored by Sen J.D. Alexander and Rep. David Rivera, Florida’s Legislature has tightened the grip on insurance fraud artists who steal...
Agents’ Group Answers Nine Questions About Poe Financial, Its Subsidiaries
May 5 2006 // Nine questions and answers about the receivership and status of Poe Financial Corp.’s subsidiaries Southern Family and Atlantic Preferred have been provided to Professional Insurance Agents of Florida members who...
Insurers Assoc. Pushes Fla. Legislators for Property Market Reforms
May 5 2006 // On the final day of the Florida legislative session, the Property Casualty Insurers Association of America is encouraging legislators to make a commitment to create a healthy and competitive insurance marketplace, which is...
Research Center to Unveil New Hurricane Loss Prediction Model
May 5 2006 // The first public model to project hurricane losses for the State of Florida has been completed by the International Hurricane Research Center in Miami, Fla. The new model already has produced excellent figures on Hurricane...
Fla. Calls for Federal Insurance Subsidy
May 4 2006 // The insurance crisis is not a Florida problem, it is a national problem that demands national solutions, Tom Gallagher, Florida CFO, said after applauding the Florida Legislature for calling on Congress to create a...
21%, 91%, 51% Rate Hikes Requested; S. Fla. Hearings Scheduled
May 3 2006 // The Florida Office of Insurance Regulation has scheduled rate hearings in May for three carriers, Hartford Insurance Co. of the Midwest, Florida Peninsula Insurance Company, and United Property and Casualty. Hartford...
Fla. House Passes Bill Intended to Fix Property Insurance Problems
May 3 2006 // With hurricane season looming just one month away, the Florida House has passed a bill aimed at making sure that if Florida has another bad run of storms there will be insurance companies there to cover people’s...
Gallagher Begins Ground Game in GOP Gubernatorial Primary
May 1 2006 // Tom Gallagher approached Robb Mercado in Valrico, Fla. as he sat outside his house reading the newspaper Saturday and soon was involved in a long discussion about problems with the homeowners insurance market, education...
Gallagher Calls On Lawmakers to Make Insurance Reforms
May 1 2006 // As state lawmakers enter the home stretch of the 2006 legislative session, Tom Gallagher, Florida’s CFO, renewed his call for immediate rate-relief, improved access to property coverage and reforms to help strengthen...
Florida Group Alerts Members About Poe Financial’s Status
Apr 28 2006 // The Professional Insurance Agents of Florida has issued a member alert about Southern Family Insurance, a subsidiary of Poe Financial Group and its subsidiaries, Atlantic Preferred and Florida Preferred. “It’s...
Exotic Warranty Co. Put Into Receivership
Apr 28 2006 // Exotic Warranty Company has been ordered into receivership for purposes of liquidation by Judge Thomas H. Bateman III of the Second Judicial Circuit Court in Leon County and the Florida Department of Financial Services...
Poe Financial Group’s 2005 Statements Go Online
Apr 28 2006 // The 2005 annual statements of Southern Family Insurance Co., Atlantic Preferred Insurance Co. and Florida Preferred Insurance Co. have been posted on the Internet by Kevin McCarty, Florida Insurance Commissioner. “I...
Gov. Bush Signs Important Fla. Tort Reform Legislation
Apr 27 2006 // Florida Gov. Jeb Bush has signed legislation (HB 145) that insurance companies say will bring greater equity to the civil justice system by repealing the doctrine of joint and several liability, according to the Property...
Fla. Insurance Council Describes Pending Legislation
Apr 27 2006 // The Florida House Insurance Committee and the House Fiscal Council have approved CS/CS/HB 7225, and according to the Florida Insurance Council, the next stop is the full House. FIC released a side-by-side comparison of...
Fla. Court Orders Southern Family Into Rehabilitation; Citizens to Receive Policies July 1
Apr 26 2006 // Leon County (Florida) Circuit Court Judge Thomas Bateman has ordered Southern Family Insurance Company, one of three financially-troubled property insurers of the Tampa-based Poe Financial Group, into rehabilitation. The...
Two Florida-only Marine Industry Class Codes Approved
Apr 26 2006 // The National Council on Compensation Insurance Inc. has received approval for two new Florida-only class codes related to the marine industry effective July 1, 2006. NCCI is the oldest and largest provider of...
S. Fla. Agent Banned From Selling ‘Bogus’ Policies
Apr 26 2006 // The license of South Florida insurance agent Gordon Arthur Esses of Aventura, Fla. has been revoked for selling “bogus” policies and the agent has been banned from writing business in the state, according to...
Fla. Consumer Services: Poe Officials Vow to Reduce Complaints
Apr 25 2006 // Florida’s Consumer Services representatives held a meeting April 21 with officials of the Tampa, Fla.-based Poe Insurance Group to discuss how to reduce the number of consumer complaints about the firm and its...
Poe Dropping Storm-Damaged Homes
Apr 24 2006 // Florida insurance officials confirmed that complaints filed recently against troubled Poe Financial Group came from people who said their policies were dropped before their homes were repaired. A condominium association in...
Fla. HB 7225 Advancing: Boosts CAT Funding; Provides No-Interest Loans
Apr 24 2006 // A rapid cash buildup of 25 percent for the Florida Hurricane Catastrophe Fund and the establishment of a hurricane mitigation endowment fund to allow homeowners to obtain no-interest loans to implement hurricane mitigation...
