Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Preferred Agrees to Liquidation
May 26 2006 // Florida Preferred Insurance Company policyholders will be protected this hurricane season because company officials finally agreed to let the financially-troubled property insurer to enter into liquidation effective June...
White Paper Voices Concern About Property Insurance Market’s Status
May 26 2006 // The insurance industry is bracing for another active hurricane season if predictions turn into reality. Most insurance companies, including the state-run insurer of last resort, have filed for rate increases as the entire...
Fla. CFO Candidates Have Feisty Debate on Insurance, Spending
May 25 2006 // Democrat Alex Sink joked after participating in a chief financial office candidates forum with Republicans Tom Lee and Randy Johnson that she wanted to crawl under the table during the event in Orlando, Fla. Not that she...
Crist Reaches $609,000 Settlement from Hurricane Price Gouging
May 25 2006 // A settlement has been reached with a North Carolina-based company, resolving price gouging allegations stemming from the 2004 hurricane season, according to Florida Attorney General Charlie Crist. Southeastern Restoration,...
Florida Regulator Accused of Flaunting Law in Credit Rule
May 23 2006 // The Florida Office of Insurance Regulation is making an end run around Florida law by seeking to implement a credit-based insurance scoring rule that is currently being challenged in state court, according to the Property...
Hurricanes Wrecked Many Retirement Dreams
May 22 2006 // Jim and Evelyn Burke’s Pensacola Bay, Fla. home provided a dream retirement for 13 years, evenings watching purple and pink sunsets on their private dock and mornings glimpsing dolphins frolicking outside their...
Statewide 16.1 Percent Rate Hike Approved for Citizens
May 22 2006 // An order approving a Citizens Property Insurance Corp.’s request for a rate hike has been approved by Florida Insurance Commissioner Kevin McCarty, and will result in a combined average rate increases for...
Floridians Upset Over Citizens Increases
May 22 2006 // Marci L. Rose’s home and rental properties escaped serious damage when hurricanes battered the state in 2004 and 2005, but she might lose them anyway. Like thousands of Floridians, the Key West real estate attorney...
Florida OKs Citizens Rate Increase of 16 Percent on Average
May 22 2006 // Florida residents whose homes are insured by Citizens Property Insurance will see their premiums go up by about 16 percent on average this year, although for some coastal residents the increase will be much higher. State...
Fraud
May 22 2006 // S. Fla. agent sold ‘bogus’ policies The license of South Florida insurance agent, Gordon Arthur Esses of Aventura, Fla. has had his license revoked for selling “bogus” policies. According to Tom...
Fla. legislative package targets Citizens deficits, mitigation; establishes oversight policies
May 22 2006 // The hurricane insurance package passed by the Florida Legislature just before adjournment May 5 is the most significant property insurance bill since major legislation following Hurricane Andrew in the early 1990’s,...
Florida officials make 80 arrests, kick off ‘operation spring cleaning’
May 22 2006 // A special statewide operation targeting the arrest of 80 suspects from Miami to Pensacola, Fla. for their roles in insurance fraud schemes, dubbed “operation spring cleaning,” was launched in early May by the...
PIA of Florida alerts members about Poe Financial
May 22 2006 // The Professional Insurance Agents of Florida has issued an alert to its members about Southern Family Insurance, a subsidiary of Poe Financial Group and its subsidiaries, Atlantic Preferred and Florida...
Suncoast CPCU topic: How to resolve conflict in the workplace
May 22 2006 // Insurance professionals, whether working as agents or claims adjusters, need to learn and refine effective conflict resolution skills. The first step is to understand each person’s job responsibilities and individual...
Fla. AG Crist Announces Hurricane Preparedness Policy
May 19 2006 // A “Prepare, Respond and Recover, Florida!’ plan for surviving the upcoming hurricane season has been announced by Charlie Crist, Florida Attorney General and a candidate for governor. Announcing the details of...
Agents Exec Praises Fla. Reforms, Suggests Incorporation Into National Legislation
May 19 2006 // Elements of a Florida property insurance reform bill signed into law May 16 by Governor Jeb Bush could be included in national legislation, according to Len Brevik, executive vice president and CEO of the National...
Florida Re-certifies Hurricane Model for the Ninth Time
May 19 2006 // EQECAT Inc. of Oakland, Calif., has had its hurricane modeling software re-certified by the Florida Commission on Hurricane Loss Projection Methodology for the ninth consecutive time, according to Tom Larsen, EQECAT senior...
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...
