Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Little Relief in Sight for Tight Longshore Marketplace
Mar 22 2004 // The Longshore and Harbor Workers’ Act was first passed in 1927, and has existed in its current form for 20 years, but recent developments have changed not only its applicability but also the availability of...
Fla. CFO Promotes Legislation to Prevent ID Theft
Mar 22 2004 // Florida Chief Financial Officer Tom Gallagher on Monday unveiled a proposal to require financial institutions, brokerages, insurance companies and agencies to use greater care when they dispose of consumer records...
Insurance Scoring Reportedly Provides Significant Benefits to Fla. Consumers
Mar 22 2004 // Insurance scoring is a proven, accurate, objective and consistent risk assessment tool that provides significant benefits to Florida consumers, the Florida insurance industry testified Monday at a Florida Office of...
Report Backs Government Role in Malpractice Insurance
Mar 19 2004 // A convincing case can be made for government involvement in providing medical malpractice insurance for high-cost claims and shortcomings in some such arrangements, such as Pennsylvania’s Mcare fund, are due to...
Fla. Bill Reportedly Creates ‘Christmas for Lawyers’ and Harms the Elderly
Mar 19 2004 // A Florida Senate bill introduced by a prominent legislator and trial attorney would reportedly create “Christmas for trial lawyers” under the guise of protecting the elderly against exploitation by a financial...
Parting Shots: Stay the Course on Florida Workers’ Comp Reform
Mar 15 2004 // Long-needed, comprehensive reforms to Florida’s troubled workers’ compensation system passed during last May’s special session of the Legislature, culminating a long-term effort by Florida’s...
Florida Agents, Residents on the Rise
Mar 12 2004 // With both agents and residents flocking to Florida, the Sunshine State is on the move. Florida Chief Financial Officer Tom Gallagher, who oversees insurance matters in the state, recently set aside time to talk with...
S&P Reports Cumberland Casualty & Surety Co. Ratings Revised to ‘R’
Mar 10 2004 // Standard & Poor’s has revised its counterparty credit and financial strength ratings on Florida-based Cumberland Casualty & Surety Co. (CCS) to ‘R’ from ‘Bpi’. This rating action was...
Tort Reformers Look to Score in States after Washington Strikes Out
Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...
People and Places
Mar 8 2004 // James Wurdeman Florida-based Poe Financial Group announced the promotion of their executive vice president, James Wurdeman, to president and CEO. William Poe, Sr., the current CEO, will remain chairman of the property and...
LIG Educational & Consulting Services Commercial Marine Seminars
Mar 4 2004 // LIG Educational & Consulting Services, a sister company of LIG Marine Managers, is providing two hands-on training seminars in Ft. Lauderdale and Sarasota, Florida this spring. For more information on the seminars and...
Montpelier Re Execs to Present at Annual AIFA Conference in Florida
Feb 26 2004 // Bermuda-based Montpelier Re Holdings Ltd. announced that Anthony Taylor, president and CEO, Russell Fletcher, Chief Reinsurance Officer, and Neil McConachie, treasurer and Chief Accounting Officer, are scheduled to present...
21st Century Holding Co. Sub, Federated National Insurance Co., Approved for Policy Take Out in Florida
Feb 26 2004 // 21st Century Holding Company, a vertically integrated financial services holding company, announced that one of its subsidiaries, Federated National Insurance Company, has been granted approval by the Florida Office of...
PIRRGA Obtains Regulatory Approval to Underwrite Med-Mal Insurance in Florida
Feb 24 2004 // Pediatricians Insurance Risk Retention Group of America (PIRRGA), a physician-owned and governed medical malpractice insurance company, has received notification of registration from the Florida Office of Insurance...
Nursing Homes Under the Microscope
Feb 23 2004 // As we age in life, thoughts oftentimes turn to just who will take care of us when that day comes when we can’t fend for ourselves. Even those in society with many relatives are not guaranteed that they one day...
What is the Right Prescription for Florida’s Nursing Home Problems’
Feb 23 2004 // Although many complex issues need to be resolved to solve Florida’s nursing home crisis, tighter litigation reforms are reportedly key to solving these problems, according to one insurance industry trade...
Nursing All the Right Answers in the Sunshine State
Feb 23 2004 // As the insurance industry, the nursing home industry, trial lawyers, and more look to find common ground in the saga of Florida nursing homes, the thought that the situation will eventually find the right answers does...
FLORIDA’S UNCLAIMED PROPERTY PROGRAM NEARS $1 BILLION IN HOLDINGS FOR RESIDENTS:
Feb 23 2004 // At a bimonthly meeting with the governor and other state Cabinet members, Florida Chief Financial Officer Tom Gallagher announced that the Department of Financial Services’ Bureau of Unclaimed Property is holding...
Where are the Southeastern Commissioners on Rate Modernization’
Feb 23 2004 // For reasons that remain incomprehensible to me, some lawmakers tend to believe that they have a constitutional duty to meddle in rate filings. South Carolina Insurance Director Ernst Csiszar was the first to admit that he...
APCapital Q4 Barely Profitable; $76 Million Loss for Year
Feb 19 2004 // East Lansing, Mich.-based medical liability insurer American Physicians Capital Inc. announced net income of $102,000, or 1 cent per share for the fourth quarter of 2003. For the year, the company reported a net loss of...
