Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Fla. Sen. Fasano Supports Gallagher’s Rate Relief Plan
Mar 7 2006 // Florida Senator Mike Fasano, R-Dist. 11, has added his name to the growing list of legislators who support Tom Gallagher’s plan to use tax revenue derived from hurricane reconstruction costs for immediate insurance...
FLA. CFO WANTS TO EXPEDITE PAYMENTS
Mar 6 2006 // New legislation to expedite the rebuilding process for hurricane victims has been suggested to the Florida Legislature by Tom Gallagher, the state’s CFO. The measure would ensure homeowners receive insurance money...
People and Places
Mar 6 2006 // Bill Anderson has been promoted to senior vice president of insurance operations and Sharon Petrell, assistant vice president of marketing and integrated solutions of the Main Street America Group in Jacksonville,...
Fort Myers Inn to Pay $16,000 to Settle Wilma Fleecing Claims
Mar 6 2006 // Attorney General Charlie Crist has announced that his office has reached an agreement with a Lee County hotel resolving the first price-gouging case filed by the Attorney General’s Office related to Hurricane Wilma....
Fla. Congressman Files Catastrophe Savings Account Legislation
Mar 6 2006 // Legislation to create Catastrophe Savings Accounts to give Florida homeowners the opportunity to put aside tax-free money to financially prepare for major catastrophes has been filed by Congressman Tom Feeney from Orlando,...
Insurers discuss top issues with Fla. legislators
Mar 6 2006 // In preparation for March sessions of the Florida Legislature, the Property Casualty Insurers Association of America hosted its first annual Legislative Conference, which brought insurance industry executives to...
Windstorm panelists: Carriers hesitant to write policies in Florida
Mar 6 2006 // A panel of eight insurance experts agreed unanimously that carriers are closely scrutinizing Florida and are hesitant to renew homeowners policies. Bill Bailey, director of the Hurricane Insurance Information Center,...
Rayborn outlines Florida insurance agency requirements to Latin Association
Mar 6 2006 // The requirements for Florida insurance agencies to be licensed by the state before Oct. 1, with fines of up to $10,000 for not licensing, were discussed in a presentation “Agency Licensing, Are You Prepared? That is...
NAMIC Supports Sunset of Florida’s No-Fault Auto Law
Mar 3 2006 // The National Association of Mutual Insurance Companies has announced it supports Floridians for Lower Insurance Costs and opposes the reinstatement of the state’s no-fault auto insurance law and will state its...
AIA Expects Property Issues to Dominate Florida Legislature
Mar 3 2006 // Measures aimed at improving the property insurance market are expected to dominate the insurance agenda when the Florida Legislature convenes on March 7, according to the American Insurance Association. Legislators also...
Florida Auto No-Fault Claim Costs Climb as Injury Seriousness Declines
Mar 3 2006 // Florida personal injury protection (PIP) claim costs (claimed economic losses and actual claim payments) increased at double-digit rates between 2002 and 2005, far outpacing the rate of inflation, according to a new...
Legislative Issues to be Discussed at Florida Big ‘I’ FAIA ‘Fly-In’
Mar 2 2006 // Legislation issues affecting insurance agents will be discussed by guest speaker Rep. Dennis A. Ross, D-Lakeland, and other industry leaders during the Annual Legislative “Fly-In” being held March 29 to 30 by...
A.M. Best Gives FFVA Mutual an ‘A’
Feb 28 2006 // FFVA Mutual Insurance Company of Maitland, Fla. has been awarded an A rating (Excellent) from A.M. Best Company. It also received a “stable” outlook rating, indicating it is experiencing stable financial/market...
Fla. Insurance Council to Push Mitigation Efforts in Legislature
Feb 28 2006 // Having paid out more than $30 billion in claims over the past two hurricane seasons in Florida, the Florida Insurance Council will ask lawmakers this legislative session, to push mitigation efforts to combat the...
Broward County Woman Arrested for Double-Billing
Feb 27 2006 // A Broward County, Fla. woman, who attempted to collect twice on her hurricane claim, has been arrested following an investigation by detectives with the Florida Department of Financial Services’ Division of Insurance...
King’s Bay Insurance Services Adds Cratem as Sr. VP of Underwriting
Feb 24 2006 // Michael Cratem has joined Florida-based King’s Bay Insurance Services as senior vice president, Underwriting. In this position, he will be responsible for the underwriting function of this Florida licensed Managing...
Fla. AG, Tenet Reach Agreement on All State Issues
Feb 22 2006 // Tenet Healthcare Corporation has reached a broad agreement with Florida Attorney General Charlie Crist to resolve all matters involving Tenet that are currently being litigated or investigated by the Florida attorney...
Legislators to Examine National Mega-Cat Plan at Spring Meeting
Feb 21 2006 // At the National Conference of Insurance Legislators (NCOIL) Spring Meeting in Florida, Feb. 23 – 26 , state lawmakers from across the country will examine a draft mega-catastrophe program and, among other things,...
What does a ‘Valued Policy’ cover in Louisiana and Mississippi?
Feb 20 2006 // As is obvious from a perusal of newspaper articles and legal journals, the devastating damage throughout the entire Gulf Coast Region from the recent hurricane season has raised numerous legal issues regarding insurance...
News Currents
Feb 19 2006 // As part of his proposal, Gallagher is asking the Legislature to earmark the increase in sales tax revenue collected during hurricane recovery to help offset assessments against homeowners. Florida CFO renews call for...
