Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Supreme Court Justices to Monitor Class Action Over Driver Privacy
Apr 3 2006 // Supreme Court Justices Antonin Scalia and Samuel Alito said last week they were concerned that an insurance company could be forced to pay billions of dollars for buying Florida residents’ vehicle records. Justices...
Risk Management Solutions predicts hurricane activity to increase losses by 40 percent
Apr 3 2006 // Risk Management Solutions, Newark, Calif., expects increases in hurricane landfall frequencies will increase modeled annualized insurance losses by 40 percent on average across the Gulf Coast, Florida and the Southeast,...
Business Moves
Apr 3 2006 // Shareholders of Lincoln National Corp. approved its $7.5 billion acquisition of rival Jefferson-Pilot Corp. The combined company, with 2004 revenue of $9.5 billion, will be headquartered in Philadelphia. Eastern buys...
Editor’s Note: Score ONE for Insurance Regs
Apr 3 2006 // While the OIR scored a point and put the bad guys out of business, agents should realize there are still a lot of other bad-guys out there. Before you sign on to represent any carrier and sell its products, check the...
Fla. AG Crist files complaint against Marsh
Apr 3 2006 // Marsh is alleged to have violated Florida’s antitrust laws, Chapter 542, Florida Statutes, as well as the RICO Act. Florida’s antitrust laws allow fines of $1 million per corporate violation. The RICO Act and...
8 Poe/Southern Family changes its Florida underwriting
Apr 3 2006 // Won’t renew or insure new homeowners of commercial policies 8 Sirius International withdraws Florida application Won’t do business as an eligible surplus lines insurer 8 Florida AG files complaint against...
Closer Look: Auto Fraud
Apr 3 2006 // PIP case referrals to state fraud fighters have soared 327 percent from 2002-2003 to 2004-2005. Actual street arrests have grown nearly 75 percent, and cases sent for possible prosecution have soared nearly 50 percent,...
have to be destroyed, howmany more lives have to be
Apr 3 2006 // City have the same protections as the people in Miami who have stronger building codes in place?” Legislative Update Stronger building codes called for in Florida Panhandle Residents in Florida’s Panhandle will...
Sirius Intl. withdraws its Fla. license application
Apr 3 2006 // This action came on the heels of a Notice of Denial, issued by the Florida Department of Financial Services on March 7, of an application for licensure as a managing general agent filed by International Medical...
Poe/Southern Family changes Fla. underwriting
Apr 3 2006 // News Currents Poe Financial Group has notified Florida agents for thousands of policyholders that its South-ern Family Insurance Company will no longer renew or insure new homeowner or commercial lines business. The...
Risk Management Solutions predicts hurricane activity to increase losses by 40 percent
Apr 3 2006 // Risk Management Solutions, Newark, Calif., expects increases in hurricane landfall frequencies will increase modeled annualized insurance losses by 40 percent on average across the Gulf Coast, Florida and the Southeast,...
PIP Bill Moves on to Florida Senate Healthcare Committee
Mar 31 2006 // After revising a bill to extend the Florida no-fault auto insurance system to remove a proposed medical fee schedule, the Senate has passed it on to the Healthcare Committee for further consideration. Members of the...
Fla. Delegation to Discuss Key Issues, Attend Washington, D.C. Summit
Mar 31 2006 // The Professional Insurance Agents of Florida has announced that a seven-member delegation including Mark O’Connell, president, will participate in PIA’s 2006 Federal Legislative Summit and voice their opinions...
P/C Insurers Comment on Repeal of Tort Doctrine
Mar 31 2006 // The Florida Legislature took another important step toward making its civil justice system more equitable by repealing the doctrine of joint and several liability, according to the Property Casualty Insurers Association of...
Agents Briefed About Florida Legislation, Met With Legislators
Mar 30 2006 // More than 120 of Florida’s independent agents attending the March 29 and 30 Florida Independent Insurance Agents Legislative “Fly-In” heard Skip Long, Scott Johnson, Laura Pearce and Kyle Ulrich outline...
Industry Cheers as Florida Repeals Joint and Several Liability
Mar 30 2006 // The Florida Senate has passed a repeal of joint and several liability, which means the measure now goes to Gov. Jeb Bush who is expected to sign the bill into law. The bill (HB 145) eliminates joint and several liability,...
Florida Approves Two New Underwriting Association Plans
Mar 29 2006 // Florida Insurance Commissioner Kevin McCarty and the Office of Insurance Regulation have reviewed and approved substantive amendments to the plans of operation for Florida Comprehensive Health Association and Florida...
Fla. ‘Fly-In’ Features ‘Issues Briefings,’ House Insurance Committee Chair
Mar 29 2006 // Legislative topics of major concern to Florida’s insurance industry from property insurance to joint and several repeal tort reform will be discussed by Skip Long, chairman of the Florida Independent Insurance Agents...
Florida Lists How to Obtain Wind Insurance Incentives
Mar 28 2006 // Tips about how to obtain wind insurance incentives have been issued by the Florida Department of Financial Services on the department’s website. According to DFS, Floridians may be entitled to discounts on insurance...
Florida Imposter Arrested ‘Playing Dentist,’ Medicaid Fraud
Mar 27 2006 // A Miami-Dade County man has been arrested for practicing dentistry without a license and submitting fraudulent Medicaid claims according to Florida’s Attorney General Charlie Crist. Orlando Sotolongo Guarton...
