Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Meadowbrook Promotes Walleck to RVP in Charge of Commercial Insurance in Florida
Apr 1 2005 // Meadowbrook Insurance Group Inc. announced that Roger S. Walleck has been promoted to regional vice president, in charge of its Florida Branch Operations in Sarasota. Walleck will oversee the commercial insurance business...
Sinkhole or Settling? Fla. Insurance Committee Attempting to Find a Definition
Apr 1 2005 // House Insurance Committee members meeting in Tallahassee, Fla. are attempting to hammer out a bill to better define sinkholes, a common problem in many counties in which entire highways, neighborhoods and houses are...
Rogan, Ervin Join Sunshine State Insurance’s Senior Management Team
Apr 1 2005 // John Lombardo, board chairman of Sunshine State Insurance Company of Ponte Vedra, Fla. has announced the elections of two senior executives to the firm’s senior management team, John E. Rogan, president and chief...
Fla. Supreme Court Upholds 30-day Deadline for Doctors to File Auto Policy No-Fault Claims
Apr 1 2005 // A State Farm customer and his doctor, who challenged a 30-day deadline for doctors to file claims on a patient’s no-fault auto policy, have lost their claim in the Florida Supreme Court that the provision is...
Fla. Auditor General to Scrutinize Miami-Dade County Disaster Aid Payments
Mar 30 2005 // Florida’s Auditor General has agreed to legislators’ demands that the state scrutinize the legitimacy of insurance and federal disaster aid payments in Miami-Dade County and possibly other parts of the...
Fla. CFO Seeks to Clarify Reported Confusion with Storm Claims, Outlines Options to Help Consumers
Mar 30 2005 // Florida’s Chief Financial Officer Tom Gallagher on Wednesday raised concerns with confusing policy language and recommended solutions for helping consumers navigate through their homeowners insurance policies and...
Fla. Asbestos Bill Gains Initial Committee Approval
Mar 30 2005 // The first steps toward achieving asbestos litigation reform in Florida were taken Wednesday, according to the American Insurance Association (AIA). The Asbestos and Silica Compensation Fairness Act of 2005 (HB 1019)...
Citizens Board Hoping Fla. Legislature Will Pay its $525 Million Shortfall
Mar 29 2005 // Citizen’s Property Insurance Corp., Florida’s insurer of last resort, is projecting a $525 million deficit and could have to make it up by assessing property owners, but is putting the action off until a...
April Town Hall Meetings Schedule, Locations Announced in Fort Pierce, Jupiter, Bartow
Mar 29 2005 // Florida’s Chief Financial Officer Tom Gallagher has announced that due to overwhelming responses at the four town hall meetings held so far, three additional town hall meetings have been scheduled in April. Gallagher...
Fla. Bills Propose Standardize Policies, Rating Territories; Might Lower CAT Cap
Mar 28 2005 // Standard insurance policies, standard rating territories and lowering the cap from $4.5 million to $4 million on the amount of insured losses that a company has to sustain before drawing money from the Catastrophe Fund are...
Citizens Task Force Preliminary Data Estimates a $527 Million Deficit
Mar 24 2005 // Preliminary data released by Citizen’s Property Insurance Corp., Florida’s insurer of last resort, indicates the company racked up a $527 million deficit in its windstorm account in 2004. Citizens officials...
PCI: Fla. Hurricane Cat Fund Changes are Key to Property Market Stability
Mar 22 2005 // The Property Casualty Insurers Association of America (PCI) is urging the Florida Legislature to establish an annual hurricane deductible for insurers and lower the threshold of losses that an insurer must sustain before...
BILL TO EASE INTERNATIONAL SALES
Mar 21 2005 // The Legislature is considering a bill that could make the state a center for international insurance, much as it already is for international banking. The House Insurance Committee unanimously passed the measure Feb. 22....
Insurance-Related Subjects Top Florida Legislature’s To-Do List
Mar 21 2005 // The Florida Legislature began its spring session March 8 with insurance-related topics expected to take the limelight with several dozen proposals before the governing body, ranging from giving consumers more tools to...
Florida, Alabama Get Tough on Unpaid Claims
Mar 21 2005 // Thousands of irate homeowners mobbed state insurance officials in Florida and Alabama to complain about a wait of more than six months for their claims to be settled from the 2004 hurricanes. Tom Gall-agher, Florida Chief...
Workers’ Comp Varies Widely; Reforms Slow to Enact, Enforce
Mar 21 2005 // Employer responsibility for the expense of accidents and in some cases occupational illnesses, varies from state to state. Em-ployers must provide reasonable information, rules, supervision, training and safety. The word...
Victims Ask for Help at Town Hall Meetings; Gallagher to Propose ‘Standard’ Policies
Mar 21 2005 // Tom Gallagher, Florida’s CEO and House Insurance Committee Chair Rep. Dennis A. Ross, R-Lakeland, listened intently to an array of hurricane-related complaints – from families with nowhere to live to homeowners...
Fla. Cabinet’s Emergency Rule ‘Holds Insurers Feet to the Fire’ to Expedite Open Hurricane Claims
Mar 18 2005 // In response to a call by the Florida’s Chief Financial Officer Tom Gallagher, Gov. Jeb Bush and the Cabinet has approved an emergency rule to expedite the resolution of open claims from last year’s tropical...
Laurie Joins Northern Capital Board of Directors
Mar 18 2005 // John C. Laurie has been appointed a member of the board of directors of Northern Capital Inc. of Miami, Fla., the holding company for Northern Capital Insurance Co., a property and casualty company formed recently to...
A.M. Best Gives Service Insurance an ‘Excellent’ Rating
Mar 18 2005 // Service Insurance Company of Bradenton, Fla., hit with customer losses of more than $100 million in the four hurricanes that swept Florida in 2004, has received notice that it has been removed from A.M. Best’s rate...
