Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Security First Insurance Co. Enters Florida’s Growing Private Flood Market
Jul 30 2018 // A new carrier has entered the Florida flood insurance market with a policy it says will provide better coverage than what is available from the National Flood Insurance Program. Ormond Beach, Fla.-based Security First...
2 Florida Towns No Longer Designated as Top U.S. Speed Traps
Jul 27 2018 // After being number 1 for almost a quarter of a century, the Florida towns of Waldo and Lawtey are now no longer designated “Traffic Traps” by AAA. AAA’s Florida public affairs director Matt Nasworthy...
Aspen MGA, Tower Hill Specialty Partner on Property Programs in Texas
Jul 26 2018 // Aspen Managing General Agency, a division of Atlanta-based Allstar Financial Group, has partnered with Tower Hill Specialty (THS) to offer property insurance programs in Texas. Tower Hill Specialty offers a range of...
Assured Risk Cover Expands StormPeace Parametric Insurance to Florida Businesses
Jul 26 2018 // Assured Risk Cover, a provider of parametric hurricane insurance, launched a commercial insurance policy for small businesses in Florida under the StormPeace name. The policy contains all the features of the StormPeace...
Seeman Holtz Acquires Lakes Insurance Group of Florida
Jul 26 2018 // Seeman Holtz Property & Casualty, Inc. has acquired Lakes Insurance Group, a South Florida agency specializing in commercial insurance serving thousands of South Florida business owners. With this acquisition, Seeman...
Canadian Insurer Backs Autonomous Car Startup in Florida Retirement Community
Jul 26 2018 // There’s a village in Florida where self-driving cars rule the road, and a Canadian insurance firm wants to come along for the ride. Toronto-based Intact Financial Corp. is investing $3 million in startup Voyage as...
Ratings Agency Ignites Controversy Over Financial Strength of Florida Insurers
Jul 24 2018 // With Florida about to enter peak hurricane season, a state insurance association representing 15 insurers in Florida is hitting back against a recent report from ratings agency Weiss Ratings that identified 10...
Texas Stamping Office: National E&S Insurance Premium Up 9.4% at Mid-Year
Jul 23 2018 // Excess and surplus lines (E&S) insurance premium recorded by the 15 managing service offices in the United States increased 9.4 percent as of the 2018 mid-year point, the Surplus Lines Stamping Office of Texas (SLTX)...
Appalachian Underwriters Adds Stavrakos to Brokerage Division in Florida
Jul 23 2018 // Appalachian Underwriters, Inc. has added Peter Stavrakos to its brokerage office in Sarasota, Fla. He will be joining the Professional Liability team where he will focus on the coverage needs of both smaller and larger...
Brooks Insurance Appoints Sammons to Lead Florida/Southeast Market Expansion
Jul 20 2018 // Brooks Insurance Agency, a multi-line wholesaler and broker, has hired Robert Sammons as vice president and broker. In his new role, Sammons will be responsible for wholesale brokering and servicing small- and medium-...
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...
