Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Two More Fla. Insurers Request Homeowners, Condo Rate Increases
Jul 11 2005 // Florida Preferred Property Insurance and Old Dominion Insurance have joined the list of insurers asking the Florida Office of Insurance Regulation for permission to increase homeowner and condominium policy rates. Florida...
Hurricane Dennis’ Insured Losses Estimated to Reach $2.5 Billion
Jul 10 2005 // AIR Worldwide estimates insured losses in the United States from Hurricane Dennis will be between $1 billion to $2.5 billion. Although Dennis made landfall in the same region as Hurricane Ivan in 2004, insured losses from...
Florida Select Activates Toll-Free Hurricane Line
Jul 10 2005 // Sarasota, Fla.-based Florida Select Insurance Company has activated a toll free line 1-888-700-0101–to give its customers immediate information about Hurricane Dennis and how to file claims. Florida Select, a...
Only 40 Percent of Fla. Roofing Contractors Have Workers’ Compensation Coverage
Jul 9 2005 // Rising costs of construction materials and more expensive workers’ compensation insurance are causing roofing contractors to use more uninsured workers according to Department of Financial Services Office of...
Sunshine State Insurance Garners NFIP Award at Conference
Jul 8 2005 // Florida-based Sunshine State Insurance Company has been honored by the National Flood Insurance Program for growth in new business production. The award was presented at the recent NFIP annual conference in Marco Island,...
Category 4 Hurricane Dennis; Batters Cuba, Eyes Fla.
Jul 8 2005 // Hurricane Dennis has become a powerful storm of Ivan like proportions. As it churned through the warm waters of the Caribbean, Dennis picked up strength and size. The latest report from Miami’s National Hurricane...
Security Breach Laws Should Concern Insurers, NAMIC Says
Jul 8 2005 // Differences in the 19 security breach notification laws enacted so far this year should be of concern to insurers conducting business in multiple states, according to an analysis by the National Association of Mutual...
Fla. CFO Reminds Residents of Before and After Dealings with Dennis
Jul 8 2005 // Florida’s Chief Financial Officer Tom Gallagher is urging residents along the Gulf Coast to get ready for a possible strike by Hurricane Dennis. Gallagher advised that residents can contact the department’s...
He’s Now Tropical Storm Dennis; Heavy Rains, Tornadoes Main Concern Inland
Jul 8 2005 // Hurricane Dennis slammed into the northern coastline of the Gulf of Mexico between Pensacola Beach and Navarre Beach, Fla. on Sunday afternoon shortly after 3 p.m. (EDT) packing top sustained winds of 120 mph. The storm...
Dennis Is First Hurricane of the Season; On Course Towards Jamaica
Jul 7 2005 // As expected, tropical storm Dennis became Hurricane Dennis yesterday, July 6, when wind speeds exceeded 72 mph (115 km/hr). The storm is currently a category 1 hurricane packing maximum sustained winds near 85 mph (140...
Florida Keys Evacuate as Hurricane Dennis Eyes State
Jul 7 2005 // Evacuations began early Thursday in the Florida Keys as the year’s first hurricane, Dennis, eyed the Sunshine State as it moved through the Caribbean. Forecasters report it could hit Florida as soon as this...
LAAIA Agents Tackle Condo Policy Issues, Find Statutes Confusing
Jul 7 2005 // Major changes in Florida Statute 718 and how insurance agents should write condominium policies, based on what part of a condominium property should be covered by the condominium association and what part must be covered...
Citizens Property Returns More than 32,000 Policies to Private Market
Jul 6 2005 // More than 32,000 Florida homeowners insurance policies were returned to the private market in June, 2005, officials with Citizens Property Insurance Corporation announced this week. The added policies bring this...
A Roundup of Fraud Activities Reported Across the Southeast
Jul 4 2005 // TRG Officials Must Pay $2.5 M Carmelo Zanfei and William Paul Crouse, accused by Florida’s Department of Financial Services of bilking more than 7,000 Floridians of more than $2.5 million in unpaid insurance bills,...
There’s a Lot of Fraud Out There!
Jul 4 2005 // Insurance fraud investigators at the 13th Annual Florida Insurance Fraud Education Committee Conference in Orlando pointed out that multiple insurance deductibles and higher deductibles can motivate insurance fraud’s...
Deductibles Motivated Homeowners to Cheat on Claims
Jul 4 2005 // Investigators Cite Increase in Fla. Insurance Fraud Insurance fraud has increased dramatically in Florida as an after-effect of the 2004 hurricane season Robert Elliott, a lead investigator with Nationwide...
FAIA ‘Roundups’ Analyze Florida Legislation, Its Impact
Jul 4 2005 // A summary and analysis of 2005 Florida legislation and its impact on the insurance industry, including detailed analyses of SB 1912, SB 530, SB1486, HB 501, HCB 6001 and HB 19 were presented to Florida Association of...
NFI PROGRAM RECOGNIZES SOUTHERN FAMILY INSURANCE
Jul 4 2005 // Tampa, Fla.-based Southern Family Insurance Co., a member of Poe Financial Group, was recognized by the National Flood Insurance Program during its recent annual conference in Marco Island, Fla., Southern Family Insurance,...
Despite Arlene, Business-As-Usual for IIAG
Jul 4 2005 // More than 700 Independent Insurance Agents of Georgia members attending the 108th Annual Convention and Exhibition in Destin, Fla., watched closely on June 11 as Tropical Storm Arlene sped toward the Florida Panhandle. As...
CINCINNATI INDEMNITY ASKS OIR TO BOOST FLA. RATES
Jul 4 2005 // Cincinnati Ind-emnity Co. and Cincinnati Insurance Co. have joined the list of Florida home insurers asking the Florida Office of Insurance Regulation for permission to raise its premiums by as much as 37 percent,...
