Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
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...
People
Jun 6 2005 // Kirk A. Sexton has been promoted to chief information officer of Unisource Administra-tors Inc., a workers’ compensation third-party administrator providing integrated claim management and loss prevention solutions....
The Florida Office of Insurance Regulation has joined the ever-increasing tide of regulatory bodies seeking answers from
Jun 6 2005 // Fla. Orders AIG: ‘Turn Over Detailed Financial Information’ AIG’s admitted misrepresentations on financial statements. A statement from the OIR said the financial community has been rocked with the...
Allstate Floridian Applies to Scale Back, Drop 95,000 Homeowners
Jun 6 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...
News Briefs
Jun 6 2005 // FLORIDA Fla. CFO: “Prepare Now for Hurricanes” After an un-precedented hurricane season last year and experts predicting the formation of more than 13 named Atlantic storms this season, Florida’s Chief...
Specialty Agents Florida Conference A Resounding Success
Jun 6 2005 // More than 650 members attended the May 20-21 annual conference and trade fair held in Orlando, Fla. by the Specialty Agents of Florida. The event was described as a resounding success, featuring the best turnout to such an...
For Boat Owners and the Agents Who Write Them, Location and Experience Matter
Jun 6 2005 // There were more than 17.6 million recreational boats in use in the United States in 2004, and an estimated 69 million people involved in boating activities, according to the National Marine Manufacturers Association. Since...
Florida’s Pre-Hurricane Shopping Traumatic; ‘Storm-stress Syndrome’ Cases Reported
Jun 2 2005 // Although areas of the eastern Atlantic Ocean and western Gulf of Mexico are calm, with no tropical storms on the radar, the reaction to the start of the 2005 hurricane season has been traumatic: Florida shoppers,...
Florida Choice Awards Judges Selected; Nominations Due June 24
Jun 2 2005 // Nine judges have been selected for the third annual Florida CHOICE Awards for Workers’ Compensation. The program, produced by CHOICE Medical Management Services LLC, recognizes outstanding physicians who treat...
FAIA Extends Pre-Registration Date to June 3 for its Orlando Convention
Jun 1 2005 // The Florida Association of Insurance Agents has extended its deadline until June 3 to receive reduced rates for pre-registration at its June 23 to 25 101st annual Convention and Educational Symposium at the Gaylord Palms...
Hurricane Season Begins: Southeast Associations Prepared
Jun 1 2005 // As homeowners jam Florida stores to take advantage of the state’s tax-free sales tax holiday and other stores announce “matching” programs to provide additional discounts, professional insurance...
FIC Unveils Hurricane Central Web Site
Jun 1 2005 // The Florida Insurance Council has unveiled its new Hurricane Central Web site (www.flains.org) as the go-to site for consumers for reliable information related to hurricanes. The new site is part of the industry’s...
Gallagher Applauds As Gov. Bush Signs Homeowner’s Insurance Law
Jun 1 2005 // Gov. Jeb Bush signed a bill today that will enact a new homeowner’s insurance law as Florida’s CFO Tom Gallagher stood by to applaud the governor and state lawmakers for enacting the law, which provides...
Warnings Issued: Hurricane Season Begins June 1, Prepare Now; Suppliers Stocked Up for Fla. Tax-Free Holiday
May 31 2005 // Early-morning thunderstorms crashed across northwest Florida on Tuesday morning, almost as if to announce the arrival on Wednesday morning of the 2005 hurricane season. At the same time, Florida Governor Jeb Bush and other...
King’s Bay Reinsurance Licensed as Florida MGA
May 31 2005 // Intendant Holding Corporation of Vedra Beach, Fla. has received a license from the Florida Department of Financial Services for its insurance services subsidiary King’s Bay Insurance Services Inc., to operate as a...
Report Says Hurricane-force Winds Likely in Cape Hatteras, N.C., Miami Beach and Naples, Fla.
May 27 2005 // Hurricane-force winds are most likely to strike this year in Cape Hatteras, N.C. and Miami Beach and Naples, Fla., according to an analysis of coastal cities released today by a University of Central Florida professor and...
