Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Agencies Clegg Insurance Group, Advanced Insurance Brokerage Merge
Jul 19 2018 // Clegg Insurance Group and Advanced Insurance Brokerage (AIB), both in the Tampa, Fla., area – signed off on a new deal last month that will merge the companies’ property and casualty coverage portfolios. Together,...
How the Florida Insurance Industry Hopes to Rein In AOB Crisis
Jul 19 2018 // “I think the number one thing the insurance industry can do is link AOB (assignment of benefits) to the impact that it’s having on the individual consumer and the huge impact it’s having on the premiums...
Judge Rules Airbnb Can’t Dodge Aimco’s Illegal Sublease Claims in Miami
Jul 16 2018 // Airbnb Inc., having escaped a major U.S. landlord’s lawsuit over partying tourists at high-end Los Angeles apartments, will have to defend itself against the same allegations by the same landlord in Miami. A Florida...
Florida Man Gets 5 Years’ Probation for Workers’ Comp Fraud
Jul 16 2018 // A Trinity, Fla., man has been sentenced to five years’ probation, with the first six months to be served on home detention, for making a false statement connected to his workers’ compensation benefits,...
3 New P/C Insurers OK’d to Do Business in Arkansas
Jul 16 2018 // Three new property/casualty insurance companies have been approved to do business in Arkansas, the state insurance department reported. All three are based in Florida. Counting the recently accepted companies, 10 new...
Investigators: Excessive Speed Caused Florida Roller Coaster Derailment
Jul 12 2018 // Excessive speed caused a roller coaster to derail at a Florida boardwalk, according to a preliminary investigative summary released Tuesday. Two riders fell 34 feet (10 meters) when the front car of the Sand Blaster Roller...
Florida-Based Insurer Federal National Rebrands as FedNat Insurance Co.
Jul 11 2018 // FedNat Holding Co., formerly known as Federated National Holding Co., has rebranded its largest insurance subsidiary to FedNat Insurance Company (FNIC). FedNat was founded in Florida in 1992 and through its wholly owned...
Florida Wildfire Victims Still Awaiting Housing Aid 2 Weeks Later
Jul 10 2018 // More than 100 people have been waiting for temporary housing for almost two weeks since being displaced by a wildfire that burned through their tiny community in the Florida Panhandle. In a Panama City News Herald report ,...
GEICO Taps Corbin to Manage Regional Offices from Florida
Jul 9 2018 // The GEICO Board of Directors has promoted Pionne Corbin to senior vice president. Corbin will manage the regional office in Lakeland, Fla., where she will be based, and oversee the company’s Southeast and Midwest...
3 New Property/Casualty Insurers OK’d to Do Business in Arkansas
Jul 5 2018 // Three new property/casualty insurance companies have been approved to do business in Arkansas, the state insurance department reported. All three are based in Florida. Counting the recently accepted companies, 10 new...
Feds Approve $616M for Florida Irma Recovery
Jul 5 2018 // The federal government has approved Florida’s request for $616 million that will be partially used to repair homes destroyed or damaged by Hurricane Irma last year. Gov. Rick Scott and Housing Secretary Ben Carson...
CFO: Florida Workers’ Comp Carriers to Save $20M in Costs Next Year
Jul 5 2018 // Cost savings in two Florida funds paid into by workers’ compensation carriers are expected to equal a nearly $20 million reduction in expenses for insurers operating in the state next year, according to a statement...
SUNZ Forms Florida-Based Workers’ Comp Subrogation Services Company
Jul 2 2018 // SUNZ Holdings, LLC, a provider of large deductible workers’ compensation insurance products, has formed Avalon Subrogation Partners, LLC, a subrogation company focused on recovering claim payments from parties who...
Nearly $2M in Property Damage from Florida Fire Started by Controlled Burn
Jul 2 2018 // Officials estimate $1.7 million in property damage was lost to a “controlled-burn” fire that blazed out of control and destroyed 36 homes in a tiny Florida Panhandle community. The Tallahassee Democrat reports...
Florida’s Citizens Delays Decision on Proposed Rate Increases
Jul 2 2018 // Florida’s Citizens Property Insurance Corp. will wait until December to determine its 2019 insurance rates and whether it will approve a proposed 7.9 percent statewide increase for homeowners policies. The decision...
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jul 2 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Fire that Destroyed 36 Homes in Florida Sparked by Controlled Burn
Jun 29 2018 // John Matthew Polous watched a “controlled-burn” fire for three days as it consumed foliage outside his tiny community on the Florida Panhandle. And then he watched as it quickly raged out of control. What he...
Florida-Based AssuredPartners Acquires B&W Brokers of London
Jun 28 2018 // AssuredPartners Inc., the Lake Mary, Fla.-based insurance broker, has acquired B&W Brokers Ltd. of London. Specializing in providing casualty and property insurance and placing binding authorities, B&W services...
Dozens of Homes in North Florida Damaged by Wildfire
Jun 27 2018 // A fast-moving wildfire damaged or destroyed dozens of homes in a Florida county. Gov. Rick Scott visited the small coastal community of Eastpoint on Monday to get an update on the damage. Eastpoint is in Franklin County...
Gulfstream of Florida Promotes Killingsworth to VP of Sales, Marketing, Agency Licensing
Jun 27 2018 // Gulfstream Property and Casualty Insurance Co., based in Sarasota, Fla., has promoted Mike Killingsworth to vice president of Sales, Marketing and Agency Licensing. In this leadership position, Killingsworth will spearhead...
