Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
FLORIDA LONGSHORE RATES SLASHED:
Jun 7 2004 // Following a concerted effort by LIG Marine Managers (www.LIGInsurance.com), the U.S. Department of Labor, the Marine Industries Association of South Florida, the Florida Marine Contractors Association and many others, NCCI...
FLORIDA CFO APPLAUDS LAWMAKERS FOR APPROVING LEGISLATION TO INCREASE AVAILABILITY OF HOMEOWNERS INSURANCE:
Jun 7 2004 // Florida Chief Financial Officer Tom Gallagher commended state lawmakers for approving legislation, Senate Bill 2488, that will increase the availability of homeowners insurance through changes to the Florida’s...
Health Savings Accounts: A New Option for Employers and Consumers
Jun 7 2004 // Florida, like other states, is working to make sure our residents have access to health care insurance. The recent Medicare reforms passed by Congress gave states an important new option: tax-free savings accounts to pay...
Medical Management Extends Deadline for Florida Choice Award Nominations
Jun 2 2004 // CHOICE Medical Management Services has extended the deadline for nominations for the Florida CHOICE Awards to June 30. This annual awards program, judged by independent experts in the workers’ compensation industry,...
Fla. CFO Warns of Hurricane Preparedness
May 26 2004 // With explosive state population growth and experts predicting the formation of more than 12 named Atlantic storms, Florida’s Chief Financial Officer Tom Gallagher is issuing a warning to consumers: Prepare...
EQECAT Hurricane Model Certified by Fla. Commission
May 20 2004 // EQECAT Inc., announced that the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) unanimously re-certified EQECAT’s Hurricane model for use in Florida. The certification was the seventh in a...
Fla. Pays $15,000 to Fraud Tipster
May 17 2004 // Florida Chief Financial Officer Tom Gallagher authorized a $15,000 reward to be paid to a Miami man who provided state insurance fraud investigators with information leading to the arrest and successful prosecution of a...
Owners of Insolvent Fla. Company Charged with Theft, Racketeering and Conspiracy
May 14 2004 // Florida’s Chief Financial Officer Tom Gallagher announced that four officers of the former Miami-based Aries Insurance Company have been charged with diverting more than $60 million from the company. Aries was...
Fla. Man Busted for Selling Fake Cards
May 12 2004 // A Florida man has been charged with selling fraudulent motor vehicle insurance cards to nearly 200 South Florida drivers, at least a dozen of whom are now facing charges for using the fake cards, Florida’s Chief...
Fla. Measure to Increase Availability of Homeowners Insurance Becomes Law
May 12 2004 // A measure designed to increase the availability of homeowners insurance and improve Florida’s ability to recover financially from catastrophic hurricanes through improvements to Florida’s Hurricane Catastrophe...
RMS U.S. Hurricane Model Re-Certified by Fla. Commission in Establishing Residential Rates
May 12 2004 // Risk Management Solutions (RMS) announced that the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) unanimously re-certified the RMS Hurricane model for use in establishing residential insurance rates...
Fla. CFO Lauds Passage of Funeral, Cemetery and Consumer Services Act
May 10 2004 // Florida Chief Financial Officer Tom Gallagher said Floridians facing the need to buy funeral and cemetery services will have more choices and more protections under a bill, sponsored by Sen. Ken Pruitt (R-Port St. Lucie)...
Workers’ Comp, Other Industry Bills Headed to Gov. Bush as Fla. Session Concludes
May 5 2004 // Although so-called consumer protection initiatives dominated the headlines in the 2004 Florida legislative session, insurers were reportedly equally concerned with bills addressing workers’ compensation and other...
NAMIC: Fla. Legislature Adjourns, Session Productive for Property/Casualty Legislation
May 4 2004 // Florida’s just-ended legislative session “proved to be very productive,” an official with the National Association of Mutual Insurance Companies (NAMIC) said. Florida lawmakers enacted several key...
Fla. Longshore Rates Slashed
May 4 2004 // Following a concerted effort by LIG Marine Managers (www.LIGInsurance.com), the U.S. Department of Labor, the Marine Industries Association of South Florida, the Florida Marine Contractors Association and many others, NCCI...
Fla. Father, Son Keep It All in the Family When It Comes to Fraud
May 3 2004 // A father and son have pleaded guilty to diverting thousands of dollars in premiums from a South Florida insurance agency. John Pascale, former owner of AAA Turnpike Insurance Agency, pleaded guilty to one count each of...
Did You See What So and So Said’
May 3 2004 // Computers never cease to amaze me. The available options on various Web sites can be both great and at times mind-boggling. Here at Insurance Journal, we’ve tried to make things as simple as possible, especially when...
AIA Satisfied with Fla. Legislative Session
May 3 2004 // The Florida legislature wrapped up its annual session last Friday night, giving final approval to key measures that will add capacity to the state’s hurricane reinsurance fund and put the workers’ compensation...
BB&T Finalizes Acquisition of Capitol Premium Plan
May 3 2004 // North Carolina-based BB&T Corporation has completed its acquisition of insurance premium finance company Capitol Premium Plan Inc. of Charlotte, N.C. BB&T has combined the 43-year-old firm with Prime Rate Premium...
Fla. CFO Applauds Lawmakers for Approving Legislation to Increase Availability of Homeowners Insurance
May 3 2004 // Florida Chief Financial Officer Tom Gallagher commended state lawmakers for approving legislation, Senate Bill 2488, that will increase the availability of homeowners insurance through changes to the Florida’s...
