Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
FAIA President Says: In Our Future Some Things Will Never Change
Jun 20 2005 // Created more than a century ago in 1904 as the Florida Local Underwriters Association, the Florida Association of Insurance Agents adopted its present name in 1941. FAIA is dedicated to enhancing the independent agency...
Court Ruling: Citizens Wind Policies to Pay for Flooding
Jun 20 2005 // Circuit Court Judge Kevin Davey ruled in a class-action lawsuit in Tallahassee, Fla., that Citizens Property Insurance Corp., Florida’s insurer of last resort, must pay the full amount of damage homes were insured...
AIA Critical of Florida Circuit Court’s Ruling
Jun 20 2005 // The American Insurance Association strongly disagrees with the Florida Circuit Court ruling confirming the Fourth Circuit Court of Appeals’ 2004 decision in Mierzwa v. Florida Windstorm Underwriting Association,...
PIA of Fla. Broadcasts Web-based Hurricane Panel Discussion
Jun 20 2005 // Florida’s insurance industry survived last year’s record-breaking hurricane season and is prepared to help homeowners weather what may come this year. That was the message during a recent Web broadcast carried...
FAIA Celebrates Its 101st Anniversary: General Session Features Four Experts
Jun 20 2005 // The Florida Association of Insurance Agents will celebrate its 101st anniversary during its June 23 to 25 Convention and Educational Symposium at the Gaylord Palms Resort and Convention Center in Orlando, Fla. “I...
Allstate dropping most earthquake coverage nationwide
Jun 19 2005 // Allstate Insurance Co. says it is dropping earthquake insurance to most of its 407,000 quake customers nationwide as a part of a larger move to reduce exposure to catastrophic losses. Allstate Spokesman Mike Siemienas in...
Storms Led FEMA to Online Innovations
Jun 15 2005 // Working in cooperation with the State of Florida, the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) used technological innovations to help meet some of the challenges brought by...
A.M. Best Downgrades FSR for State Farm Florida Insurance Co., Removes from Under Review
Jun 15 2005 // A.M. Best Co. has downgraded the financial strength rating to B+ (Very Good) from A- (Excellent) for State Farm Florida Insurance Company (State Farm Florida) (Winter Haven, Fla.). The rating has been removed from under...
IIAG Conferees Visited Exhibits, Watched Arlene During 108th Annual Convention
Jun 14 2005 // More than 700 Independent Insurance Agents of Georgia members attending the group’s 108th Annual Convention and Exhibition in Destin, Fla., watched closely as Tropical Storm Arlene sped toward the Florida Panhandle...
National Flood Insurance Program Recognizes Southern Family Insurance’s Contributions
Jun 14 2005 // Tampa, Fla.-based Southern Family Insurance Company, 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...
TRG Officials Receive Jail Time; Ordered to Pay Victims $2.5 M
Jun 13 2005 // Carmelo Zanfei and William Paul Crouse, accused by Florida’s Department of Financial Services of allegedly bilking more than 7,000 Floridians for more than $2.5 million in unpaid insurance bills, have pleaded guilty...
NHC Update on Tropical Storm Arlene
Jun 10 2005 // The National Hurricane Center’s latest bulletin on Tropical Storm Arlene indicates that it is following the storm track predicted in previous bulletins (See IJ Web site June 9). They indicate that Arlene will come...
Arlene Moves Inland Northwest of Pensacola, Fla.; Losing Strength
Jun 10 2005 // Tropical Storm Arlene moved inland at 3 p.m. Saturday afternoon and proceeded northwest of Pensacola, Fla. Tropical storm and hurricane watches were cancelled all areas but those in the immediate vicinity of the storm....
28 Suspects Arrested in Fla. Sweep of Workers’ Compensation Cheats
Jun 10 2005 // A three-day statewide sweep has resulted in 28 arrests of suspects arrested for violations of Florida workers’ compensation laws according to Tom Gallagher, Florida CFO. The sweep is the latest move in a campaign to...
Tropical Storm Arlene Opens Season; Will Bring S.E. Rain, Coastal Flooding
Jun 9 2005 // Tropical Storm Arlene, the first named tropical storm of the 2005 hurricane season, is developing in the northwest Caribbean. Tropical storms have top sustained winds of 39 mph to 74 mph. NOAA forecasters predict the storm...
Cincinnati Indemnity Asks to Boost Fla. Rates As Much As 37%
Jun 8 2005 // Cincinnati Indemnity Co. and Cincinnati Insurance Co. have joined the list of Florida home insurers asking the Florida Office of Insurance Regulation for permission to raise premiums by as much as 37 percent,...
FAIA ‘Roundups’ Analyze Florida Legislation, Its Impacts
Jun 8 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 by Florida Association of...
200,000 Citizens Policies Returned to Private Market
Jun 8 2005 // At a meeting of the board of governors of Citizens Property Insurance Corp., company officials announced that more than 200,000 homeowners insurance policies have been returned to the private market since January 1,...
RMS Hurricane Model Gains Recertification from Fla. Commission
Jun 7 2005 // Risk Management Solutions (RMS) announced that the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) re-certified the RMS Hurricane model for use in establishing residential insurance rates in the state...
By Dave Kaiser
Jun 6 2005 // Associations Warn Agencies: The insurance industry’s response to the 2005 hurricane season has been noteworthy, with many professional associations emphasizing hurricane preparedness, urging members to have...
