Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Fla. Matrix Database Would Tap Into Insurance Records
May 23 2005 // Florida insurance companies could be required to provide customer information if Florida law officials implement a comprehensive Multi-state Anti-Terrorism Information Exchange, or Matrix database, now being...
Fla. OKs Funds to Fight PIP Fraud
May 23 2005 // Florida’s Chief Financial Officer Tom Gallagher thanked legislators for approving his request for funding to add more law enforcement investigators to fight PIP fraud and workers’ compensation fraud, and a...
FEMA Director Promises to Keep Recovery Funds Flowing
May 23 2005 // The hurricanes of 2004 taxed the Federal Emergency Management Agency to its limits, Michael Brown, FEMA director and undersecretary of the Department of Homeland Security, told more than 1,500 state emergency managers...
Fla. Matrix Database Would Tap Into Insurance Records
May 23 2005 // Florida insurance companies could be required to provide customer information if Florida law officials implement a comprehensive Multi-state Anti-Terrorism Information Exchange, or Matrix database, now being...
Fla. Insurance Commission Subpoenas 17 Reinsurers
May 23 2005 // Investigative subpoenas have been issued by Florida Insurance Commissioner Kevin McCarty probing the dealings of 17 reinsurers selling finite risk policies. The companies on the receiving end of the subpoenas, including...
Gov. Bush Pledges to Sign SB1486; Insurers Uneasy About Its Provisions
May 23 2005 // Florida Gov. Jeb Bush pledged during the May 11 opening of the annual Governor’s Hurricane Conference at the Tampa Convention Center to sign and approve Senate Bill 1486, controversial legislation that consumer...
USAA Asks for 10.3 Percent Increase; Other Requests Expected
May 23 2005 // Florida’s fifth-largest insurer USAA, filed a request in mid-May to raise premiums by a statewide average of 10.3 percent. David Foy, chief of staff for the Office of Insurance Regulation said he expects more...
People
May 23 2005 // James Robinson Huber has been appointed senior vice president and regional executive, Southeast Region for ACE USA, the U.S.-based retail operating division of The ACE Group of Companies. Based in Atlanta, Huber will be...
Fla. Seeks ‘Answers’: AIG Entities Ordered to Provide Detailed Information
May 19 2005 // The Florida Office of Insurance Regulation has joined the ever-increasing tide of regulatory bodies seeking answers from American International Group Inc. AIG operates 43 licensed insurance entities in the State of...
Allstate Floridian Scaling Back on Risk; Applies to Drop 95,000 Homeowners
May 19 2005 // Allstate Floridian, the state’s third-largest provider of homeowners insurance has applied to the Florida Office of Insurance Regulation in Tallahassee to scale back its insurance risk in Florida by dropping 95,000...
Citizens Property Considering Direct Reporting of Claims
May 18 2005 // New policies soon to be implemented by Citizens Property Insurance Corp., were presented last week to representatives from major insurance companies in Florida and Florida Association of Insurance Agents representatives...
Experts Predict 70 Percent Above Normal Hurricane Activity
May 18 2005 // As the season’s first tropical storm now brews in the Pacific and is about to cross-over into the southern Gulf of Mexico toward Cuba, the National Oceanic and Atmospheric Administration has predicted there will be...
Ponce de Leon, Lewis & Clark Receive ‘A’ Rating
May 18 2005 // Two risk retention groups that provide general and professional liability insurance to operators of long-term care facilities in Florida and 33 other states have been granted a Financial Stability Rating(R) (FSR) of...
DFS Arrests Two S. Fla. Agents in $1.2 M Ponzi Scheme
May 17 2005 // Two South Florida insurance agents have been arrested in Palm Beach Gardens and Delray Beach, Fla. on first-degree felony charges of operating a Ponzi scheme which scammed an estimated $1.2 million from 31 investors. CFO...
Dalmau Honored as 20,000th Student to Become CISR-Holder
May 17 2005 // Kathleen “Kathy” Mary Dalmau a commercial account specialist for Brown & Brown Inc., in Ft. Lauderdale, Fla., recently passed her fifth and final Certified Insurance Service Representative course and...
FAIA Establishes Disaster Recovery Plan for Members
May 17 2005 // A new partnership announced between the Florida Association of Insurance Agents and Agility Recovery Solutions, will enable FAIA members to meet the needs of clients during an unforeseen disaster. Under provisions of the...
Florida Legislation: It’s More Than Hurricanes NAMIC Analysis Reveals
May 16 2005 // Although much of the attention during this year’s legislative session focused on hurricane-related issues, Florida lawmakers also succeeded in passing several other bills of interest to the insurance industry, a...
DOI Investigating: Did Citizens Pay Bogus Hurricane Claims?
May 13 2005 // Florida Office of Insurance Regulation officials are investigating 42 cases of suspected fraud in hurricane-related damage claims filed last year with Citizens Property Insurance Co., the state-run insurer of last...
Unauthorized Insurance Sales Topple Money Tree
May 13 2005 // The Money Lending Group (Money Tree) of Port Charlotte, Fla. has been put into receivership according to Florida’s Chief Financial Officer Tom Gallagher. The move is a result of an Order to Show Cause handed down in...
Fla. Gov. Urges: Be Prepared for 2005 Hurricane Season
May 12 2005 // Gov. Jeb Bush urged Florida homeowners to read and understand the provisions of their insurance policy; study their vulnerabilities; and have an evacuation plan; during the May 11 opening of the annual Governor’s...