Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Homebuilders Cut on ‘Sluggish’ Housing Market, Florida Woes
Jul 9 2024 // Homebuilder-stock analysts are increasingly worried about signs of softening in key hot spots like Florida and Texas. Lennar Corp. and D.R. Horton Inc. were downgraded by Citigroup Inc. analyst Anthony Pettinari on...
Pongamia Tree Moves in on Florida Citrus, Promises Climate Resilience, Protein
Jul 8 2024 // An ancient tree from India is now thriving in groves where citrus trees once flourished in Florida, and could help provide the nation with renewable energy. As large parts of the Sunshine State’s once-famous citrus...
CFO Names Gallagher to Board of Florida Insurance Guaranty Association
Jul 8 2024 // Tom Gallagher, an éminence grise or elder statesman of the Florida property insurance world and current chief operating officer for People’s Trust Insurance Co., now has another job to put on his resumé: board...
Florida Governor Names Insurance Defense Lawyer to Appeals Court
Jul 8 2024 // The Florida property-casualty insurance industry, having seen wins and losses at the appellate court level in recent years, will soon have a familiar face on the bench that hears appeals for part of litigation-heavy south...
Florida Arts Groups’ Insurance Could be Affected With DeSantis Veto of Funding
Jul 3 2024 // ORLANDO, Fla. (AP) — The Coral Gables Art Cinema will be short more than $100,000 this year. About $150,000 has suddenly disappeared from the Orlando Philharmonic Orchestra’s budget. The Miami New Drama also has an...
North Carolina, Florida Home Sellers Facing New Flood Disclosure Requirements
Jul 2 2024 // As of this week, home sellers in North Carolina must now disclose previous flood damage to properties. And come Oct. 1, Floridians must make similar disclosures, potentially boosting the demand for flood insurance. The...
Changes at American Coastal Insurance After Florida OIR Action on ‘No-Fly List’
Jul 1 2024 // Florida regulators’ effort to enforce a 2002 state law and keep insolvent insurers’ officers out of carrier leadership roles appears to be a reason behind a significant shakeup at St. Petersburg-based American...
Florida Law Means Time Is of the Essence on Construction-Defect Subro Actions
Jul 1 2024 // Florida Senate Bill 360 became law on April 13, 2023. It significantly reduced the time Florida’s statute of repose and statute of limitations give plaintiffs – including subrogating insurers – to bring civil...
Three Charged With Helping Agents Cheat on Florida Insurance License Exams
Jun 28 2024 // Three Miami people, two of them licensed insurance agents, have been charged with operating an unauthorized insurance agent licensing school and taking license examinations in applicants’ place. At least five...
Florida Family Files Tort Action Against NASA After Space Debris Damaged Home
Jun 26 2024 // A family in Naples, Florida, has filed suit against NASA, contending that debris from the International Space Station damaged their home and mental well-being when it crashed through the roof in March. The claim, filed...
Florida Governor Suspends City Councilwoman Indicted on Insurance Fraud Charges
Jun 26 2024 // A Florida city council member has vowed to return to office after Gov. Ron DeSantis suspended her over allegations that her clinic overbilled and defrauded health insurers. The Miami Herald and multiple news outlets...
Workers Sue Disney, Say They Were Wrongly Induced to Move to Florida
Jun 25 2024 // ORLANDO, Fla. (AP) — Disney workers are suing their employer, claiming they were fraudulently induced to move from California to Florida to work in a new office campus only to have those plans later scrapped amid a fight...
LAAIA Posts Scholarship Winners Ahead of Upcoming Florida Convention
Jun 21 2024 // The Latin American Association of Insurance Agencies and the Spencer Educational Foundation have announced college risk-management and insurance scholarship winners for 2024. Mendoza Lunatti, an incoming senior at...
Insured Losses from Recent South Florida Floods Reaching into the Millions
Jun 21 2024 // Recent flooding in south Florida caused insured losses in the hundreds of millions of dollars, from auto and homeowners claims, Aon and AM Best reported. The Florida Office of Insurance Regulation is also reminding...
Florida Citizens Board Votes to Raise Rates 14% But Litigation Costs Dropping
Jun 19 2024 // The board of governors for Florida’s state-created Citizens Property Insurance Corp. voted unanimously Wednesday to raise personal lines rates by an average of 14% statewide – near the maximum allowed under the...
Florida Officers Indicted for Shootout That Killed UPS Driver and Passerby
Jun 17 2024 // FORT LAUDERDALE, Fla. (AP) — Four Florida police officers have been indicted for manslaughter in connection with a 2019 shootout on a busy rush-hour street that left a hijacked UPS driver and a passerby in a nearby car...
Foul Ball: Florida Appeals Court Says Detroit Tigers Owe Little to Injured Pitcher
Jun 17 2024 // If the Detroit Tigers Major League Baseball team needs money to rebuild its roster next year, a Florida appeals court just saved the team more than $14,000 in workers’ compensation payments to an injured minor league...
Florida Insurance Agents Will Soon Need to Be Appointed With 3 Carriers Before They Can Sell Citizens’ Policies
Jun 17 2024 // Starting July 1, Florida insurance agents must have at least three appointments with authorized carriers before they can sell policies for the state-created Citizens Property Insurance Corp. That’s the mandate laid...
Hurricane Season Ushered in With a Deluge in South Florida
Jun 14 2024 // Dangerous flooding from a tropical disturbance inundated much of southern Florida on Wednesday, blocking roads, floating vehicles and delaying the Florida Panthers on their way to Stanley Cup games in Canada against the...
Florida Jury Says Chiquita Brands Must Pay $38M for Colombia Deaths
Jun 13 2024 // Banana giant Chiquita Brands must pay $38.3 million to 16 family members of people killed during Colombia’s long civil war by a violent right-wing paramilitary group funded by the company, a federal jury in Florida...
