Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Southeast Regulation Report Card: North Carolina Flunks; Florida, South Carolina Dispute Grades
Dec 22 2016 // North Carolina ranks the worst of all 50 states when it comes to insurance regulation, according to a 2016 insurance regulation report card by an insurance industry think tank. The R Street Institute’s 2016 Insurance...
All Risks to Provide E&O Coverage to PIA of Florida Members
Dec 22 2016 // All Risks, Ltd. has partnered with the Professional Insurance Agents of Florida (PIA of Florida), to provide professional liability errors and omissions insurance to its members. Effective Jan. 1, 2017, All Risks will...
Florida Uber Driver Shoots, Kills Would-Be Robber
Dec 20 2016 // Police say an Uber driver fatally shot a would-be robber who tried to ambush him near an upscale South Florida mall. Aventura police spokesman Chris Goranitis told local media that the driver had picked up a passenger...
Vertus Insurance Launches Supplemental Catastrophe Insurance in Florida
Dec 20 2016 // Florida-Based managing general underwriter Vertus Insurance Partners has launched a supplemental insurance policy targeting homeowners in hurricane prone states. Available now in Florida, CAT4Home will provide complete...
Court Rules Florida Workers’ Comp Rate Hike to Remain, For Now
Dec 19 2016 // Florida’s workers’ compensation rate increase of 14.5 percent will remain in effect while a Florida appeals court reviews a legal challenge to the state’s recent ratemaking process. The First District...
People – Southeast
Dec 19 2016 // Columbia, S.C.-native Mark Askins, has joined Iroquois South as a regional manager for South Carolina and western North Carolina. Askins spent more than 20 years with The Hartford, most recently as their Richmond, Va.,...
Florida Ruling Against Insurer in Concurrent Loss Case ‘Not a Surprise’
Dec 19 2016 // The Florida Supreme Court has ruled in favor of policyholders seeking coverage on claims where there is the possibility of multiple concurrent losses but at least one of the losses is covered under their policy. Though the...
Top Florida Stories of 2016: Florida’s Evolving Flood Market
Dec 16 2016 // Before McCarty announced his decision to leave office, he initiated dialogue with the Federal Emergency Management Agency (FEMA) over the National Flood Insurance Program’s rate making. Citing the fact that the flood...
Top Florida Stories of 2016: McCarty Resigns as Commissioner, Altmaier Takes the Reins
Dec 15 2016 // Kevin McCarty’s decision to resign as Florida’s insurance commissioner at the beginning of the year after 13 years in the position rocked the state’s insurance world. It also set the stage for a political...
Alliant Adds LaBour to Florida Practice
Dec 14 2016 // Property and casualty veteran Mark LaBour has joined Alliant’s growing Florida practice. As vice president within the company’s Alliant Americas division, LaBour will deploy targeted risk management and...
Top Florida Stories of 2016: The End of Florida’s Hurricane Drought
Dec 14 2016 // In September, Hurricane Hermine broke Florida’s hurricane drought that had lasted since 2005. The category 1 storm hit the Florida Panhandle, bringing significant storm surge to the Tampa Bay area before slowly...
Top Florida Stories of 2016: The AOB ‘Insurance Crisis’
Dec 13 2016 // Assignment of benefits abuse has become such a well-known problem in the state of Florida this year that it now just goes by the nickname “AOB.” The issue with AOB comes from when a policyholder suffers a loss,...
Top Florida Stories of 2016: Workers’ Comp Market in Turmoil
Dec 12 2016 // It’s been a tumultuous year for the Florida insurance industry. It would seem the biggest story would be the end of Florida’s hurricane drought as the state got hit by not one, but two hurricanes this year, the...
Hub International Acquires Assets of Florida-Based MDW Insurance and Affiliates
Dec 12 2016 // Hub International Limited, a global insurance brokerage, has acquired the assets of MDW Insurance Group, Inc. and its affiliates Agents Insurance Resources, Inc. and A.I.R. Insurance Marketing, Inc. (MDW). Terms of the...
$29.5M to be Paid Out From Florida’s Pulse Nightclub Victims’ Fund
Dec 9 2016 // Officials with a fund created from donations for victims of the Pulse nightclub shooting say they will distribute $29.5 million on 305 claims when the process is completed. Officials with OneOrlando Fund said Dec. 2 that...
Florida’s Citizens to Lawmakers: AOB Reform Must be Passed in 2017
Dec 8 2016 // Florida lawmakers can expect substantial pressure to tackle the assignment of benefits (AOB) and water loss claims crisis from the state’s insurer of last resort when Florida’s legislative session begins early...
400 Orange Trees Stolen From Florida Grove
Dec 7 2016 // Authorities in a central Florida county are looking for a thief who stole more than 400 newly-planted orange trees from a grove. Orlando television station WFTV reported Monday that Polk County Sheriff’s Office...
Florida Supreme Court Rules Against Insurer in Concurrent Loss Case
Dec 6 2016 // The Florida Supreme Court has ruled in favor of policyholders seeking coverage on claims where there is the possibility of multiple concurrent losses but at least one of the losses is covered under their policy. Though the...
2016 State Specialist P/C Insurers Revealed: Demotech
Dec 5 2016 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by companies to the National Association of Insurance Commissioners (NAIC). The 11 categories...
Acentria Expands Into Miami Through Partnership with iSure Insurance Brokers
Dec 2 2016 // Acentria Insurance has expanded its presence in South Florida through a merged partnership with iSure Insurance Brokers, located in Miami. Established in 1984, iSure Insurance Brokers specializes in commercial insurance,...
