Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Insurers Post Special Toll-Free Numbers to Help Katrina Victims
Sep 5 2005 // At press time, forecasters were predicting insured losses from Hurricane Katrina-which made landfall 45 miles west of Biloxi, Miss., and 35 miles east of New Orleans on Aug. 29-would be in the $10 billion to $30 billion...
Business Moves
Sep 5 2005 // Allmerica Exits Life Sales Allmerica Financial Corp. is getting out of the variable annuity and variable life insurance business, selling those operations to The Goldman Sachs Group Inc. as part of a $385 million deal....
Fla. Lawmakers Voice Support for National CAT Fund
Sep 1 2005 // Two Florida lawmakers, Sen. Bill Nelson (D-Fla.) and U.S. Rep. Mark Foley (R-Fla.) have voiced their support for a national catastrophe fund that insurance companies would establish to provide extra funding in the event of...
Early Registration Deadline Sept. 23: FAIA Announces Management and Automation Training Seminar Topics
Sep 1 2005 // A line-up of expert management and technology speakers have been announced by the Florida Association of Insurance Agent’s Management and Automation Training Seminar, “MATS 2005,” taking place Oct. 16 to...
Vesta Insurance Forecasts $500k to $1.2M Katrina Losses
Sep 1 2005 // Preliminary gross income losses of from $500,000 to $1.2 million have been predicted by the Vesta Insurance Group of Birmingham, Ala. for damages caused by Hurricane Katrina. Vesta’s Florida Select unit has about...
Gallagher Voices Concern About Nationwide’s Decision
Sep 1 2005 // Concerns have been voiced by Florida’s CFO Tom Gallagher about Nationwide Insurance of Florida’s decision not to renew policyholders in Florida. “I’m deeply concerned that Nationwide Insurance is...
Nationwide Mutual Insurance Company Will Limit Fla. Property Exposure
Aug 31 2005 // The Nationwide Mutual Insurance Company announced today that it will reduce its property exposure in Florida. “As we continue to analyze our business strategy, it has become increasingly apparent that we are not...
Policyholders Line Up to File Claims at Miss. Agency; Fla. Associations Offer Aid, Assistance to Kartina’s Victims
Aug 31 2005 // Insurance adjusters are scrambling around South Florida, where before crossing into the Gulf of Mexico and becoming a catastrophic hurricane, Katrina slapped Dade and Broward counties with damages experts estimate from...
Fla. Withdraws Added Finite Reinsurance Requirements
Aug 30 2005 // The Florida Office of Insurance Regulation has withdrawn proposed state-specific requirements regarding the accounting treatment of finite reinsurance, making it the second state in three weeks to do so. The office has...
Florida AG Notes $21,000 in Price Gouging Restitution with 2 Companies
Aug 30 2005 // Florida Attorney General Charlie Crist has announced his office has reached settlements with two companies accused of price gouging during last year’s record-setting hurricane season. Both cases involve established...
Insurers Post Special Toll-Free Numbers to Help Katrina Victims as Storm Moves North
Aug 29 2005 // Policyholders with questions regarding their coverage for damage caused by Hurricane Katrina should contact their insurance agent or company representative. To assist consumers, special toll-free numbers have been set up...
UPDATE: Katrina Sets Sights on New Orleans; Sustained Winds at 160 mph
Aug 28 2005 // Officials, residents and tourists went into the evening hours Sunday in New Orleans and surrounding areas watching the skies. As rain began to fall and winds picked up, The Big Easy could be in line for a direct and...
Gulf Coast States Keep Watchful Eye on Katrina; Seven Deaths Reported
Aug 27 2005 // Having already killed seven and resulting in a variety of property damages, Hurricane Katrina set her sights on the Florida Panhandle and westward Saturday as she spun in the Gulf of Mexico. As of Saturday morning, the...
Five Tampa Clinic Owners Arrested for Patient Brokering
Aug 26 2005 // Five Tampa-area clinic owners have been arrested and a warrant issued for the arrest of a sixth owner for “selling” patients, most of whom were accident victims, to diagnostic facilities that then billed auto...
RMS: Katrina Losses Initially Estimated at $1B-$2B
Aug 26 2005 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, said that insured losses from Hurricane Katrina’s first landfall in the U.S. are likely to range from $1 to...
Brain Injury Assoc. of Pa. Takes Issue with Helmet Law
Aug 25 2005 // The following is an op-ed or “Letters” statement from The Brain Injury Association of Pennsylvania: Pennsylvania passed a law to allow motorcyclists to drive without wearing a helmet. But who pays the medical...
TD12 Predicted to Build Into Hurricane Katrina, Hit South Florida Thursday
Aug 24 2005 // The National Hurricane Center in Miami predicts Tropical Depression 12 will build to near hurricane strength before it hits the South Florida coast late Thursday as Hurricane Katrina. Forecasters say Hurricane Katrina...
FAIA to Study ‘Another Avenue’ to Cover Florida’s Windstorm Risk
Aug 24 2005 // The Florida Association of Insurance Agents has announced it will study “another avenue” for covering hurricane wind damage in Florida and would like to establish its own “vehicle” to insure...
Fla. Task Force Begins Talks on How to Solve Hurricane Insurance Crisis
Aug 24 2005 // A 12-member Task Force on Long-Term Solutions for Florida’s Hurricane Insurance Market meets today in Tallahassee to discuss how to help Floridians obtain hurricane insurance, amid complaints that consumers...
Physicians Recognized for Treating Workers’ Compensation Patients
Aug 24 2005 // Five Florida physicians received the 2005 Florida CHOICE Awards for Workers’ Compensation, an honor granted to physicians who demonstrate excellence in treating injured employees. Former Secretary of Health and Human...
