Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Demotech: Investor Interest in Florida Will Diminish Without Legislative Action
Mar 5 2021 // As the first insurer rating agency to review and rate independent, regional and specialty insurers, we have a unique understanding of niche markets and serve as a trusted resource to third parties seeking to utilize...
‘Desperate’ Times: Stakeholders Urge Florida Lawmakers to Enact Insurance Reform
Mar 4 2021 // It’s the start of another Florida Legislative Session with a familiar theme — insurers pushing for reforms they say are needed to help the state’s distressed insurance market. Only this year the need is more...
Security First Insurance of Florida Appoints Nationwide’s Moraski as VP of Claims
Mar 3 2021 // Florida-based homeowners insurance provider Security First Insurance has appointed Greg Moraski as vice president of Claims. Moraski will oversee the company’s claims department, which includes specialized areas such...
Florida Legislative Session 2021: Insurance Bills to Watch
Mar 3 2021 // The Florida insurance industry will be fighting for property insurance reforms in the 60-day legislative session that kicked off this week, but there are several other insurance-related bills to watch. Read on for a...
Florida’s TypTap Attracts $100M to Expand Nationally in Flood, Homeowners Insurance
Mar 2 2021 // TypTap, a five-year old Florida-based writer of private market homeowners and flood insurance, has attracted $100 million in financing from investment firm Centerbridge Partners. The company plans to use the money to...
Florida Lawmakers Unveil $100M Plan to Tackle Climate Change, Sea Rise
Mar 1 2021 // Low-lying Florida, surrounded by the sea, is one of the most vulnerable U.S. states to ocean level rise driven by climate change. State Republican legislative leaders on Friday announced a $100 million-a-year plan to...
Fatal Crash in Florida Keys Cuts Power, Shuts Down 3 Schools
Feb 25 2021 // A fatal car crash in the Florida Keys on Tuesday morning caused traffic delays and caused officials to close three schools. The crash, which happened around 5:30 a.m. in Key Largo, also knocked down some power lines, the...
Florida Legislature Weighs Options to Address Rising Homeowners Insurance Costs
Feb 24 2021 // Three bills currently working their way through the Florida Legislature are designed to tackle the rising costs of homeowner roof claims, the costs of attorney fees in homeowner’s claims and issues surrounding notice...
Florida’s Citizens Insurance Makes Drastic Rate Changes to Stem Flood of New Policies
Feb 22 2021 // After holding off on approving its 2021 rates in December, Citizens Property Insurance Corporation’s Board of Governors approved rate recommendations that the insurer says will make its rates more competitive with...
Brown & Brown Promotes Florida-Based Nester to CIO
Feb 18 2021 // Brown & Brown, Inc. has appointed Gray Nester as chief information officer for Brown & Brown, effective immediately. Nester has more than 20 years of experience in insurance technology leadership. Since December...
Explosion at Florida Sanitation Complex Destroys 5 Garbage Trucks
Feb 17 2021 // An explosion and fire destroyed five garbage trucks and damaged two others at a sanitation complex in the Florida Panhandle. The flames erupted Sunday afternoon at the station in Escambia County, Emerald Coast Utilities...
Monahan Returns to Appalachian Underwriters in Florida as P&C Senior Broker
Feb 17 2021 // Appalachian Underwriters, Inc. (AUI) has appointed Kimberly Monahan to its Brokerage Department as a property and casualty broker. Monahan is located in Daytona Beach, Fla., and will be working to cover the Northeast Coast...
Storm System Spawns Tornado in Florida, Several Homes Damaged
Feb 16 2021 // A tornado in Florida’s Tampa Bay region peeled off rooftops, snapped trees and roused residents from bed early Sunday morning. The National Weather Service said there were no serious injuries reported from the...
Former School Bus Employee Arrested in $50K Florida Insurance Fraud Scheme
Feb 16 2021 // A former Miami-Dade County school bus driver was arrested for allegedly filing numerous fraudulent insurance claims and collecting approximately $50,000 from the alleged scheme, according to a statement from the Florida...
Florida Consumers ‘Flabbergasted’ by Property Insurance Rate Hikes
Feb 12 2021 // Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a wave of litigation, and a law that encourages lawyers to sue by allowing courts to...
Florida Cyber Attack Raises Alarm Over Security of Water Treatment Plants
Feb 11 2021 // A hacker’s botched attempt to poison the water supply of a small Florida city is raising alarms about just how vulnerable the nation’s water systems may be to attacks by more sophisticated intruders. Treatment...
Kin Insurance Launches Landlord Insurance in Florida Market
Feb 11 2021 // Kin, an insurance technology company, has launched its landlord insurance plans in the Florida market. Kin’s landlord insurance applies to property owners who rent out their detached homes and townhouses. It also...
Hacker Breaches Florida Treatment Plant Software, Tries to Taint Water
Feb 10 2021 // A hacker gained unauthorized entry into a remote access software system shared by workers at a Florida city’s water treatment plant in an unsuccessful attempt to fill the water supply with a potentially harmful...
Arthur J. Gallagher & Co. Acquires Air-Sur of Florida
Feb 10 2021 // Arthur J. Gallagher & Co. has acquired Ormond Beach, Fla.-based Air-Sur, Inc. Terms of the transaction were not disclosed. Founded in 1976, Air-Sur is a retail insurance broker serving clients in the aviation and...
Florida Peninsula Adds King as Director of Customer Experience
Feb 8 2021 // The Florida Peninsula Insurance family of companies has hired Mindy King as the company’s director of Customer Experience. This is a new role at Florida Peninsula, which will be focused on building customer...
