Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida-Based The Liberty Company Keeps Growing, Now With $100M Credit Offering
Feb 14 2025 // Gainesville, Florida-based The Liberty Company Insurance Brokers, calling itself one of the fastest-growing privately held brokerages in the country, is set to grow a little more this year, thanks to a $100 million line of...
Cash-Flush Florida Seeks to Retire $1.7 Billion of Debt and Prepare for Storms
Feb 12 2025 // Municipal bonds sold by the state of Florida are poised to become much scarcer. That’s because Governor Ron DeSantis plans to pay down $1.7 billion of tax-supported debt as part of his budget proposal for the fiscal...
Florida CFO Appoints Former Lawmaker, Car Dealer Attorney to Citizens’ Board
Feb 11 2025 // Florida’s chief financial officer has named a Pensacola lawyer and businessman to the Citizens Property Insurance Corp. Board of Governors. Frank White, general counsel for one of northwest Florida’s largest...
Florida OIR Approves Smaller Average Rate Increases for Citizens This Year
Feb 10 2025 // Just as many Florida property insurers had hoped to see a boost to the private market with a maximum rate increase for Citizens Property Insurance Corp., state regulators have slashed the rate hike by more than half. After...
Ahoy! Expands Boat Insurance to Boat-Filled Florida Market
Feb 7 2025 // Ahoy! Insurance, calling itself an insurance company built by boaters for boaters, has expanded into Florida, one of the world’s largest recreational boating markets. The excess and surplus lines broker was founded...
Weinstein Wants Mangrove to Be Big Player in Florida, Focused on Mid-Market
Feb 5 2025 // Stephen Weinstein, a Harvard-trained lawyer, has spent more than two decades with Renaissance Re as chief legal officer and executive vice president. He is now turning that experience to Mangrove Property Insurance, a...
Mangrove, Florida’s Newest Home Insurer, Receives Demotech Rating
Feb 3 2025 // Brand new Florida home insurer Mangrove Property Insurance Co. has received a Financial Stability Rating (FSR) of “A, Exceptional” from Demotech, Inc., a financial analysis firm that specializes in rating...
Killed Florida TV Reporter’s Parents Sue His Employer, Charter Communications
Jan 31 2025 // ORLANDO, Fla. (AP) — The parents of a local TV journalist who was fatally shot while reporting on a killing in central Florida in 2023 have filed a negligence lawsuit against their son’s former employer, claiming...
Florida-Based Brown & Brown Reports Stronger Profits for 2024
Jan 30 2025 // DAYTONA BEACH, Fla. (AP) — Brown & Brown Inc. (BRO) on Monday reported fourth-quarter net income of $210 million, down from 2023’s Q4 results, but year-end results for 2024 were well above 2023’s...
Florida Condo Sales Reach 10-Year Low as Median Price Dips, Report Shows
Jan 28 2025 // Florida condominium sales last year reached their lowest point in almost a decade, according to a Florida Realtors report. It’s another measure of the financial crisis that has gripped condo owners and associations...
Florida Authorities Investigating After Trooper Shoots Suspect at Ocala Hospital
Jan 27 2025 // OCALA, Fla. (AP) — A Florida Highway Patrol trooper fatally shot a suspect during an altercation at a central Florida hospital on Friday, authorities said. The altercation happened in the emergency department at HCA...
Mangrove, Another New Property Insurer, Enters Florida Market
Jan 27 2025 // Itasca Re chairman Stephen Weinstein has launched a new Florida-domiciled insurance carrier, known as Mangrove Property Insurance, with plans to assume thousands of policies from Citizens Property Insurance Corp. Mangrove,...
Did Florida Appeals Court Put the Final Nail in the AOB Coffin? Maybe…
Jan 27 2025 // Almost five years after Florida lawmakers clamped restrictions on assignment-of-benefits agreements and two years after they effectively outlawed AOBs altogether, state appeals courts may have finally put an end to at...
Florida, Louisiana Sugarcane Could Be Hurt by Winter Storm but Citrus Was Spared
Jan 24 2025 // Sugarcane crops in Louisiana and Florida, the only two states producing sugar from cane in the United States, could be hurt by the cold snap in the area, while citrus farms seemed to have mostly been spared, experts said...
Does Florida’s 15-Year Roof Age Rule Discourage More Wind-Resistant Products?
Jan 23 2025 // After Hurricane Milton swept through parts of southwestern Florida in October, aerial drone images showed condominium buildings with large sections of their roof membranes peeled back like blankets on a beach, exposing the...
Florida Snowman: As Ice and Snow Come to the State, DeSantis Declares Emergency
Jan 21 2025 // As a rare snowstorm was bearing down on northern Florida, Gov. Ron DeSantis on Monday declared a state of emergency for the region, readying the National Guard and state agencies to respond as needed. Alabama’s...
One Call Names Mendez CEO, Alliant Adds VP Cassidy in Florida
Jan 17 2025 // One Call, a provider of ancillary care services for the workers’ compensation market, based in Jacksonville, named Nicholas Mendez as chief executive officer, starting Feb. 10. Mendez succeeds Jay Krueger, who will...
King Risk Adds to SW Florida Presence with Bruce Hendry Agency
Jan 17 2025 // King Risk Partners, a major U.S. brokerage and insurance agency based in Gainesville, Florida, has acquired Bruce Hendry Insurance in Immokalee, Florida, southeast of Fort Myers. It is the latest expansion move for King...
Florida Appeals Court Upsets Applecart on Workers’ Comp Statute of Limitations
Jan 16 2025 // A recent decision and concurring opinion by a Florida appeals court may have upset years of practice and could raise costs for workers’ compensation insurers. Some claims that carriers were once ready to close out of...
Florida Store Owner Who Faked Death for Insurance Gets Sentence Commuted
Jan 14 2025 // Floridians may remember the strange case of Jacksonville businessman Jose Lantigua, who faked his own death in 2013 in an attempt to collect millions of dollars in life insurance proceeds. His deeds earned him a spot on...
