Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Vanguarde Asset Group Identified as Unlicensed Fla. Insurer
May 2 2003 // Vanguarde Asset Group Inc., a New York company, has been identified as one of the companies recently shut down by the Florida Department of Financial Services as being unauthorized to sell insurance in that state. In a...
Florida Agent Gives Up Licenses
May 2 2003 // A Palm Harbor, Fla. man has surrendered his insurance licenses after allegedly falsely obtaining and misappropriating insurance premiums from St. Petersburg Junior College for more than seven years. According to the...
Complaints Filed Against 15 Florida Agents
May 1 2003 // The Florida Department of Financial Services filed administrative complaints this week against 15 Florida agents accusing them of selling insurance policies for unlicensed entities. The department announced it is...
Florida’s Poe Financial Records Milestone
Apr 30 2003 // Calling it a milestone, Poe Financial Group of Tampa, Fla., reported as of April 28, 2003, the total combined written premium of its member companies have surpassed $200 million in annualized premium. Those companies...
PIP Reform, Workers’ Comp Still on the Table in Fla. Session
Apr 30 2003 // The National Association of Independent Insurers (NAII) reports that as the 2003 Florida legislative session winds down, insurers are keeping a close eye on key bills concerning PIP reform, flex rating, workers’...
PIP Reform, Workers’ Comp on Table as Fla. Session Nears End
Apr 29 2003 // As the 2003 Florida legislative session winds down, insurers are reportedly keeping a close eye on key bills concerning PIP reform, flex rating, workers’ compensation, and credit scoring. Budget concerns reportedly...
Florida Association Urges Senate to PIP Reform Bill
Apr 28 2003 // The Florida Property and Casualty Association announced that Florida’s top auto insurance companies are strongly urging the Florida Senate to pass the Motor Vehicle Insurance Affordability Act. Senate Bill 1202 has...
Man, Wife Lose Licenses in Fla. for Selling Worthless Coverage
Apr 21 2003 // The Florida Department of Financial Services revoked the insurance licenses of a husband-and-wife insurance agent team, following charges that they sold worthless insurance. Investigators with the Bureau of Agent and...
Florida Officials Ban Agent From Ins. Industry
Apr 17 2003 // A Lehigh Acres, Fla. insurance agent can no longer legally transact insurance in Florida after pleading guilty to charges of misappropriating insurance premiums. The Florida Department of Financial Services announced that...
Flex Rating Bill Passes Florida House Subcommittee
Apr 15 2003 // The Florida House Subcommittee on Insurance Regulation approved a bill that would establish a flex rating system for homeowners, commercial property and auto insurance policies, according to the National Association of...
Florida Flex Rating Bill Passes House Subcommittee
Apr 14 2003 // The Florida House Subcommittee on Insurance Regulation has approved a bill that would establish a flex rating system for homeowners, commercial property, and auto insurance policies. “This measure is a good first...
Progressive Seeks Damages Against Fla. Chiropractic Clinic for Fraud
Apr 14 2003 // Four Progressive Corp. subsidiaries have filed a civil suit against First Chiropractic Clinic of Orlando, First Chiropractic Clinic of Pine Hills and its principal, Mirlourdes Beliard-Hopkins, and chiropractors Jodie Ellis...
Florida Flex Rating Bill Passes House Subcommittee
Apr 11 2003 // The Florida House Subcommittee on Insurance Regulation has approved a bill that would establish a flex rating system for homeowners, commercial property, and auto insurance policies. “This measure is a good first...
Staff of Florida Medical Clinic Charged With PIP Fraud
Apr 10 2003 // The Florida Department of Financial Services announced that a former Miami clinic owner and two of his medical staff were charged with fraudulently billing four insurance companies for treatments never...
Fla. Governor, Lt. Governor Announce Workers’ Comp Reform
Apr 9 2003 // Florida Governor Jeb Bush and Lt. Governor Toni Jennings announced comprehensive workers’ compensation reforms at a rally of Florida homebuilders at the state’s Capitol. At the rally, Bush commented that part...
BB&T Completes SEFCO Acquisition
Apr 2 2003 // BB&T Corporation reported that it has completed the company’s acquisition of insurance premium finance company Southeast Fidelity Corporation (SEFCO) of Tallahassee, Fla. BB&T has combined the 5-year-old...
Florida Insurance Regulator Confirmed
Mar 28 2003 // The Florida Financial Services Commission, made up of the governor and Cabinet, unanimously approved the appointment of Kevin McCarty as director of the Office of Insurance Regulation (OIR). As director, he will be...
Fla. Bill Tightening Penalties for Selling Unlicensed Ins. Clears Committee
Mar 27 2003 // Florida’s Chief Financial Officer Tom Gallagher praised the Senate Banking and Finance Committee’s passage of a bill that would provide stronger criminal penalties for operators of unlicensed insurance entities...
Alliance Objects to Florida WC State Fund Proposal
Mar 24 2003 // The Alliance of American Insurers announced its strong opposition to legislation aimed at creating a new, state-run mutual insurance company for the purpose of writing workers compensation policies in Florida. “SB...
AIA Applauds Med Mal Reform Initiative in Fla. House
Mar 24 2003 // The American Insurance Association (AIA) praised the vote of the Florida House of Representatives giving final approval today to a comprehensive medical liability reform bill, saying that reform is a necessity if the state...
