Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
LIG Educational & Consulting Services Commercial Marine Seminars Set for Melbourne, Key Biscayne
Sep 7 2004 // LIG Educational & Consulting Services, a sister company of Florida-based LIG Marine Managers, is providing two hands-on training seminars in Melbourne and Key Biscayne, Florida this winter. For more information on the...
Charley Causes a Path of Destruction in Florida, Carolinas
Sep 6 2004 // Lessons from Andrew Taught Industry to “Be Prepared” Lessons learned from the most costly natural disaster in U.S. history more than prepared the insurance industry for the destruction left by Hurricane...
FLORIDA DFS HONORED BY TRADE GROUP FOR ONLINE DATABASE:
Sep 6 2004 // The Florida Department of Financial Services’ Division of Workers’ Compensation received top honors from an international trade group that assists national, state and local governments in overseeing...
Florida Gov., Cabinet Give Storm Victims Grace Period
Sep 6 2004 // Florida’s State Cabinet has approved a measure recommended by Florida’s Chief Financial Officer Tom Gallagher to impose a 60-day grace period on premium payments and nonrenewals for homeowners insurance, in the...
AIK Comp: Kentucky’s Enron’
Sep 6 2004 // AIK Comp’s precarious financial situation in Kentucky should serve as a wake-up call for the workers’ compensation group self-insurance market in the Bluegrass State. Lawmakers and regulators in Kentucky need...
OOF! Frances Hits Florida; Damages Widespread, But Less Than Feared
Sep 6 2004 // Hurricane Frances finally came ashore late Saturday night, after what seemed like an interminable waiting period for most Floridians, especially those on the East Coast. The giant storm packed hurricane force winds as far...
Dual Hurricanes Will Challenge Claims Handling Process
Sep 3 2004 // The historic one-two punch of Hurricanes Frances and Charley will make the claims handling process in Florida more difficult, but still manageable, according to the Insurance Information Institute (I.I.I.) The I.I.I....
A.M. Best Comments on Potential Rating Implications from Hurricane Frances
Sep 3 2004 // A.M. Best Co. has recently taken rating actions on several Florida insurance companies in response to their reduced risk-adjusted capitalization due to losses from Hurricane Charley, as well as potential exposure to...
RMS Estimates Potential Losses Ranging from $2 to $20 Billion for Hurricane Frances
Sep 3 2004 // Risk Management Solutions (RMS) has announced that potential insured losses could range from $2 to $20 billion based on the latest forecasts for Hurricane Frances. Uncertainty in the storm’s track and intensity...
NHC Issues Hurricane Watch as Frances’ Threat to Florida Grows
Sep 2 2004 // The latest bulletin from the National Hurricane Center in Miami confirms that a “Hurricane Watch remains in effect for the Florida East Coast from Florida City Northward to Flagler Beach, including Lake...
Progressive Offers Tips to Keep Drivers and Vehicles Safe as Hurricane Frances Approaches
Sep 2 2004 // After Charley’s passage the Progressive Group of insurance companies, the third largest auto insurer in the U.S. and insurer of about one in 10 Florida drivers, has had a lot of experience with storm related...
Fla. CFO to Storm Victims: Make Sure Contractor Has Workers’ Comp Coverage
Sep 2 2004 // Florida’s Chief Financial Officer Tom Gallagher advised Floridians coping with the aftermath of Hurricane Charley to verify that repairs to their home and property are being conducted by licensed contractors covered...
St. Paul Travelers Mobilizes Catastrophe Team in Florida
Sep 2 2004 // St. Paul Travelers and its subsidiary First Floridian have mobilized their Catastrophe Response Team to assist policyholders who may be affected by Hurricane Frances. Because of the company’s response to Hurricane...
Allstate Estimates Charley Losses at $425 Million
Sep 1 2004 // The Allstate Corporation, the second largest U.S. writer of homeowners’ policies, announced that its pre-tax catastrophe losses related to Hurricane Charley are preliminarily estimated to be approximately $425...
Frances Now a Category 4 Hurricane; Aims Directly at East Coast of Florida
Sep 1 2004 // Hurricane Frances has strengthened substantially as it continues on a northwestern path over the open waters of the Northern Caribbean. Maximum sustained winds remain near 140 mph (220 km/hr) with higher gusts, making the...
Protecting People First Foundation to Study Impact Resistant Glass in Florida
Sep 1 2004 // The Protecting People First Foundation announced it is returning to Southwest Florida to continue an on-site study to document the contribution of impact resistant glass, safety film, hurricane shutters and other...
PCI: Proposed Fla. Building Code Changes Could Weaken Building Standards
Sep 1 2004 // By changing the wind provisions in the Florida Building Code from the current form to the International Residential Code, regulars could be putting many consumers, especially those in inland counties, at risk by weakening...
The Hartford Estimates $140M in Charley Losses
Aug 31 2004 // Connecticut-based The Hartford Financial Services Group Inc. announced that its losses resulting from Hurricane Charley are estimated to be $140 million (before-tax). This amount is net of applicable reinsurance sources...
Fla. CFO Gallagher Announces Arrest of Unlicensed Adjuster; Warns of Scams
Aug 31 2004 // Florida’s Chief Financial Officer Tom Gallagher announced that an unlicensed adjuster seeking contracts with victims of Hurricane Charley was arrested on Sanibel Island. He also warned that the Department of...
New Public Sector Brokerage Entity Formed
Aug 30 2004 // Insurance Office of America (IOA) has announced the formation of Public Entities of America (PEA), a subsidiary operation specializing in insurance and risk management services for the Public Sector. PEA will service state...
