Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Ending Florida Agency Led to More Development, Losses in Ian, Report Says
Oct 10 2022 // The shuttering of a state agency that was created to manage growth in Florida’s vulnerable coastal areas may have helped fuel the steady development that during Hurricane Ian resulted in some of the largest insured...
Florida Citrus Industry Squeezed by Hurricane Ian; Crop Insurance to Cover Some Losses
Oct 7 2022 // The waters have receded, but the stink lingers. As Emma Reynolds Ezell surveys the damage that a night of 100 mile-per-hour winds wrought on her orange groves, she just can’t get over the stench. It’s nothing...
Florida Comp Workshop on Physician Dispensing Rules Moved to November
Oct 6 2022 // The Florida Division of Workers’ Compensation has rescheduled two workshops on proposed rules governing physician dispensing of medications. The workshops were set for Sept. 29 but were postponed due to the arrival...
After Ian Swamped His Office and Home, Florida Insurance Agent Picking Up the Pieces
Oct 6 2022 // John Gardner this week found himself in a position no insurance agent would like to be in: no office to work in, no electrical service and no internet, but with hundreds of policyholders clamoring to file claims. And...
Most Habitable Homes in Florida Should Get Power Restored by End of Week, FPL Says
Oct 5 2022 // Nearly a week after Hurricane Ian smashed into Florida and carved a path of destruction that reached into the Carolinas, hundreds of thousands of Florida residents faced another day without electricity Tuesday as rescuers...
Will Ian Consume Florida Cat Fund, Forcing More Back-Breaking Reinsurance?
Oct 5 2022 // While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated $50 billion in insured losses, a few are now warning that the storm could significantly erode...
Regulatory Roundup: Florida Warns of Crypto Scam, Louisiana Helps with $129 Million in Additional Claims, Connecticut Weighs in on Federal Subsidies
Oct 4 2022 // This post is part of a series sponsored by AgentSync. State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that keeping up with...
In Ian’s Wake, Dangers Worsen in Parts of Florida
Oct 4 2022 // People kayaking down streets that were passable just a day or two earlier. Hundreds of thousands without power. National Guard helicopters flying rescue missions to residents still stranded on Florida’s barrier...
Florida Cities Crushed by Ian Face Highest Borrowing Costs in Decade
Oct 4 2022 // Florida cities looking to rebuild from the devastation of Hurricane Ian will be financing their efforts during the worst environment for municipal borrowing in more than a decade. Washed-out roads and bridges are only the...
Video Shows Ian Storm Surge Devastated Part of Florida; Losses Mounting
Oct 3 2022 // Powered by InsuranceJournal.tv FORT MYERS, Fla. – Dave Lusk, who lives on San Carlos Island, sandwiched between Fort Myers and devastated Fort Myers Beach, Florida, told the story of how his daugther and her family...
Misrepresentation by Insured? It’s Complicated, Florida Appeals Court Says
Oct 3 2022 // Proving that an insured misrepresented the extent of damage from a storm may have become a little more complicated for Florida insurance companies this year. Florida’s 5th District Court of Appeals in September...
Hurricane Ian Losses Up to $47B in Florida, Sinking More Insurers, CoreLogic Calculates
Sep 30 2022 // Wind and storm-surge losses from Hurricane Ian could reach as $47 billion in Florida alone, a figure made larger by inflation and rising interest rates, the property analytics firm CoreLogic said in a new...
Florida Hospital Gets Hit from Above and Below in Hurricane
Sep 30 2022 // Hurricane Ian swamped a Florida hospital from both above and below, the storm surge flooding its lower level emergency room while fierce winds tore part of its fourth floor roof from its intensive care unit, according to a...
Citizens’ Early Estimate of $3.8B in Ian Losses; Florida OIR Suspends Use and File
Sep 29 2022 // Hurricane Ian continued to churn through central Florida Thursday morning, leaving widespread flooding and wind damage in its wake. It was too early to know the extent of property insurance claims from the storm, although...
Jury: Sheriff Should Pay $15M for Death of Florida Teen Outside Fair in 2014
Sep 28 2022 // A Florida sheriff has been ordered by a jury to pay $15 million to the parents of a teenager who died while trying to cross a highway after being kicked out of the state fair by deputies. The 10-person jury reached its...
Florida Keys Boat Captain Charged in Fatal Parasailing Accident
Sep 28 2022 // A boat captain has been charged with manslaughter in a Memorial Day parasailing crash in the Florida Keys that killed a 33-year-old Illinois woman and injured her young son and nephew. Daniel Gavin Couch, 49, was booked...
Florida Restructure Plan Didn’t Take: FedNat Insurance Deemed Insolvent
Sep 27 2022 // Despite monitoring by Florida regulators, cancellation of more than 56,000 policies, and an extensive restructuring plan this year, FedNat Insurance Co. is now insolvent and must be liquidated – the sixth Florida...
Update: Hurricane Fiona Roars Toward Atlantic Canada as New Storm Threatens Florida
Sep 23 2022 // After lashing Bermuda, Hurricane Fiona is racing north toward Eastern Canada, threatening to become the most powerful storm ever to hit the region. A second system, meanwhile, is developing in the Caribbean and may strike...
Florida Comp Insurers Challenge Hospital Payment Plan. Up Next: Physician Dispensing
Sep 22 2022 // A group of workers’ compensation carriers has filed a formal challenge to the state’s hospital reimbursement plan, arguing that payment levels would be far out of line with what other states allow and what...
AmWins Connects Says it Has Expanded to Florida Market
Sep 21 2022 // Amwins Connect, a national general agency that offers health and ancillary insurance solutions to benefits brokers, said it has expanded into the Florida market. The agency assists brokers with sales, renewals,...
