Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida-Based Insurer Brown Brown Reports 29 Percent Increase in Net Income
Jan 23 2001 // Brown & Brown Inc. has reported a 29 percent gain in fourth-quarter net income. But the big gain was not reflected in the company’s stock, which closed at $32.75 a share, down $2.25. Earnings for the fourth...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
Gray Predicts Relatively Quiet 2001 Hurricane Season
Dec 8 2000 // After six years that set a record for Atlantic Basin tropical storms and hurricane activity, William Gray and his associates at Colorado State University are calling for a season slightly below the long-term average. For...
Storm Chasers: ICAT Covers Catastrophes from Coast to Coast
Sep 4 2000 // Like the tornado chasers in the movie “Twister,” International Catastrophe Insurance Managers LLC (ICAT) keeps pushing into new territory where others hang back. ICAT, which currently underwrites catastrophe...
Nursing Home Coverages Decline as Insurers Pull out of Market
Jun 26 2000 // The nursing home market, already in a state of deterioration for several years now, is becoming increasingly barren. It’s a subject that few insurers are inclined to discuss openly, but the buzz in the industry is...
TDI Launches Probe Into Race-Based Pricing of Small Life Policies
Jun 26 2000 // The Texas Department of Insurance is surveying insurers selling “industrial life” and similar small life insurance policies to determine if any are charging African-Americans higher premiums than others. TDI...
NAIC Adopts Resolution on Race Criteria, Small-Face-Value Products
Jun 22 2000 // The Florida Department of Insurance has banned race as an underwriting criteria and has been investigating small-face-value life and industrial life insurance policies sold in Florida. In addition, the Florida Department...
Nursing Home Coverages Decline as Insurers Pull out of Market
Jun 20 2000 // The nursing home market, already in a state of deterioration for several years now, is becoming increasingly barren. It’s a subject that few insurers are inclined to discuss openly, but the buzz in the industry is...
NAIC Picks Comm. Nelson To Lead Negotiations For Nationwide Settlement On Burial Insurance
Jun 14 2000 // The National Association of Insurance Commissioners, assembled near Orlando for its summer conference, has named Florida Insurance Commissioner Bill Nelson to lead nationwide settlement negotiations as the primary...
NAIC Adopts Resolution on Race Criteria, Small Face Value Products
Jun 13 2000 // Members of the National Association of Insurance Commissioners (NAIC) at the Summer National Meeting in Orlando yesterday approved a resolution to remedy the previous use of race as a criteria in underwriting and to...
On the Road: Insuring RVs
May 1 2000 // It’s not just your grandparents heading down the road in a Winnebago these days. As the population of RV owners grows, so does the market and the profit margins for insurers. In the 1950s, those silver, bullet-shaped...
AAMGA Members Set to Convene in the Florida Sunshine
May 1 2000 // Follow Your Dreams” will be the theme at the 74th annual meeting of the American Association of Managing General Agents (AAMGA) to be held at the Hyatt Regency Grand Cypress in Orlando, Fla. from May 7-11,...
Men are from Mars, women from Venus, independent agents from Mercury
May 1 2000 // Bud Wilson, past president of the Independent Insurance Agents of America, has said to agents: “Choose your companies wisely.” Interpreted broadly, the argument supports any company providing competitive prices...
Insuring RVs
Apr 24 2000 // It’s not just your grandparents heading down the road in those Winnebagos these days. As the population of RV owners grows, so does the market and the profit margins for insurers. In the 1950s, those silver,...
PEOs Change Focus by Courting Agents as Partners, not Customers
Apr 10 2000 // As much as 10 years ago, independent insurance agents were being courted by professional employer organizations (PEOs), which viewed the small structure of agents’ offices as ripe for their human resources...
Florida Orders Life Insurer To Pay $7.5 Million
Feb 7 2000 // Florida Insurance Commissioner Bill Nelson and Attorney General Bob Butterworth ordered Metropolitan Life to pay the state $7.5 million to settle allegations that some of its agents used deceptive sales tactics since the...
Blast Destroys Florida Mansion
Feb 7 2000 // An explosion destroyed one mansion and damaged three others and the town hall in Manalapan, Florida in Palm Beach County. One woman was slightly injured in the explosion, which rocked houses up to four miles away and...
