Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Auto Insurance Direct Writer 21st Century Heads East to Fla, Ga. and Pa.
May 18 2006 // 21st Century Insurance Group, which sells auto insurance directly to consumers, is now selling in Florida, Georgia and Pennsylvania, the latest wave of the California-based company’s national expansion in the...
Gov. Bush Urged to Veto Auto No-Fault Insurance Law
May 18 2006 // The National Association of Mutual Insurance Companies has urged Florida Gov. Jeb Bush to veto a bill that would extend the sunset provision of Florida’s current no-fault auto insurance law to Jan. 1, 2009. NAMIC...
Florida Certifies Hurricane Model for the Tenth Consecutive Year
May 17 2006 // The Florida Commission on Hurricane Loss Projection Methodology has certified AIR Worldwide Corp.’s 2006 Hurricane Model. This marks the tenth consecutive year that AIR has met the rigorous standards of the...
Tropical Depression: Hurricane Linked to Long-Term Mental Distress
May 17 2006 // Florida State University sociologists in Tallahassee have found that some South Floridians who survived 1992’s Hurricane Andrew suffered mental health problems many years later, a finding that has led the researchers...
Fla. Hurricane Commission Reviews, Re-Certifies Residential Model
May 17 2006 // The Florida Commission on Hurricane Loss Projection Methodology has re-certified the Risk Management Solutions Hurricane model for use in establishing residential insurance rates in Florida. This year’s review...
S&P Raises Citizens Property Insurance Rating to A+
May 17 2006 // Standard & Poor’s Ratings Services has raised its rating on Citizens Property Insurance Corp., Fla.’s $1.6 billion of high-risk account senior-secured debt to ‘A+’ from ‘A’ and...
Florida Insurance Relief Bill Signed by Gov. Bush, Provides $1.2B
May 16 2006 // A bill which provides $1.2 billion to help ease the impact of rising property insurance rates caused by two unprecedented hurricane seasons has been signed into law by Gov. Jeb Bush in Tallahassee. “The Legislature...
Oct. 1 Deadline for Agents to Register in Fla. Licensing System
May 16 2006 // Florida insurance agents have until Oct. 1 to complete their registration in the Department of Financial Services new Agency Licensing System. Hazel Muhammad, director of the Bureau of Licensing, told participants at the...
AccuWeather Predicts Six Hurricanes Will Make Landfall
May 16 2006 // The AccuWeather.com Hurricane Center in State College, Pa. led by Chief Forecaster Joe Bastardi, has released its 2006 hurricane season forecast. An active hurricane season appears imminent, which could have major...
Citizens Property Insurance Increases Upset Policyholders in Florida
May 15 2006 // Marci L. Rose’s home and rental properties in Key West, Fla. escaped serious damage when hurricanes battered the state in 2004 and 2005, but she might lose them anyway. Like thousands of Floridians, the real estate...
Insurance Commissioner Urges Floridians to Buy Flood Insurance
May 15 2006 // Florida Insurance Commissioner Kevin McCarty has urged Floridians to purchase flood insurance to protect their homes. McCarty’s warning comes on the eve of the 2006 hurricane season which officially begins June...
Royal Palm to Offer Coverage to Allstate Floridian Customers
May 15 2006 // St. Petersburg, Fla.-based Allstate Floridian has reached an agreement with Royal Palm Insurance Co., a new property insurer in the state, to offer Allstate Floridian customers and Florida consumers property insurance...
State Farm Seeks Homeowners Rate Increase in Florida
May 15 2006 // State Farm Insurance Co. is seeking to boost premiums by an average of about 70 percent in Florida, the company said Friday. If approved by state regulators, the increase would be effective Aug. 15. The Bloomington,...
Fla. Apprehends 28 in Fake Insurance Card Scheme
May 15 2006 // Twenty-eight individuals have been arrested in Florida for manufacturing, selling or buying fraudulent insurance binders and insurance identification cards according to Tom Gallagher, Florida’s chief financial...
Court Petitioned to Liquidate Poe Insurance Subsidiaries
May 10 2006 // The Leon County Circuit Court has been petitioned by Tom Gallagher, Florida’s CFO, to order the Poe Financial Group’s subsidiaries, Southern Family, Atlantic Preferred and Florida Preferred, into liquidation....
American Insurance Assoc. Calls Fla. Measure ‘Balanced’
May 9 2006 // As expected, the state’s troubled property insurance market dominated the just-concluded session of the Florida Legislature, according to the American Insurance Association in Atlanta. The session concluded Friday...
Fla. Passed More Staged Accident Reforms This Year Than Any State
May 9 2006 // Florida’s Legislature responded to a pandemic of staged accidents by passing the most-sweeping fraud reforms of any state this year, according to the Coalition Against Insurance Fraud. “The legislature realizes...
FLA. PROPERTY BILL ADVANCES
May 8 2006 // A rapid 25 percent cash buildup 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...
Critics allege wind modelers following politics over science
May 8 2006 // Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance...
Gallagher praises legislators’ action on rate relief
May 8 2006 // When the Flordia House and Senate appropriation committees set aside hundreds of millions of dollars to provide insurance rate relief for the state’s homeowners, both the consumer and the insurance industry scored a...
