Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Patriot National Acquires Hospitality Supportive Systems in Pennsylvania
Apr 9 2015 // Fort Lauderdale, Florida-based workers’ compensation services provider Patriot National Inc. announced that it has acquired the assets of Hospitality Supportive Systems (HSS), a Springfield, Pennsylvania-based...
Florida Office of Insurance Approves Removal of 45,500 Policies from Citizens
Apr 9 2015 // The Florida Office of Insurance Regulation has approved the removal of up to 45,000 personal residential policies and 500 commercial residential polices from Citizens Property Insurance Corp. by the following two...
Florida Bill Allowing Electronic Insurance Documents Sent to Governor
Apr 8 2015 // Florida may soon be the 28th state to adopt legislation that enables insurers to conduct all policyholder transactions over the internet. The State Legislature has passed House Bill 273, which allows policyholders to...
Four Arrested for Involvement in Florida PIP Fraud Scam
Apr 8 2015 // Four individuals have been arrested in Broward County, Fla. for their involvement in a PIP (personal injury protection) scam, according to a statement by the Florida Department of Financial Services’ Division of...
Florida Van Crash Revives Concern About Safety of Vehicles
Apr 7 2015 // Federal transportation officials are investigating a crash that killed eight members of a Florida church who were riding in a type of van that has raised safety alarms for many years. It’s unknown what caused the...
Florida’s Citizens Now Accepting Alternative Mobile Home Valuation Tools
Apr 6 2015 // In response to concerns from mobile homeowners, Citizens Property Insurance Corp. is now accepting alternative valuation methods from policyholders to ensure their mobile and manufactured homes are properly covered. On...
People – Southeast
Apr 6 2015 // OneBeacon Technology Insurance Group has appointed Nathan Martin as vice president overseeing the South region. John Wurzler, OneBeacon Technology president, said Martin will work on continuing to building the...
Citizens: Florida Policyholder Count Lowest Since Company Creation
Apr 6 2015 // Citizens Property Insurance Corp. is the smallest it has been since its creation more than a decade ago, as improving private-market conditions continue to offer policyholders more choices for how best to protect their...
Patriot National Acquires Florida-based TriGen Insurance Solutions
Apr 2 2015 // Patriot National, Inc. has acquired TriGen Insurance Solutions, a specialty insurance brokerage based in Boca Raton, Fla., with offices in Orlando and Atlanta. The total purchase price, assuming all earn-out criteria are...
Florida Foreclosure Rate Declines 35 Percent, Still Among Highest in Nation
Mar 31 2015 // Florida’s foreclosure activity has declined by more than a third from a year ago, but it still ranks as one of the highest in the nation. The research firm Realty Trac reported that Florida has one out of 570 homes...
Personal Insurance Federation of Florida Releases TNC Legislation Guidelines
Mar 27 2015 // Transportation network companies such as Uber and Lyft represent a promising technology that can serve consumers well in the future, but Florida legislators should clarify the insurance requirements for these services in...
Florida Cat Fund Cleared to Buy $2.2B of Reinsurance
Mar 27 2015 // In what counts as excellent news both for Florida taxpayers and the private insurance market, Gov. Rick Scott and the State Board of Administration have approved a request from the Florida Hurricane Catastrophe Fund to...
Main Street America Appoints Cox to Lead New Florida Region
Mar 27 2015 // The Main Street America Group has appointed Chris Cox as president of the carrier’s newly created Florida Region. Main Street America’s primary brand in Florida is Old Dominion Insurance Co. Florida has become...
Florida Businessman Who Faked Death Arrested in North Carolina
Mar 25 2015 // A Florida businessman who authorities say faked his own death to dodge debts while reaping millions in life insurance benefits is sitting in a North Carolina jail after allegedly applying for a passport under another...
Florida Residents Arrested for PIP Fraud Following Staged Accident
Mar 23 2015 // The Florida Department of Financial Services’ Division of Insurance Fraud announced the arrests of Fort Lauderdale residents Kendrick Callins and Lashaunda Gibbs for staging an auto accident, patient brokering and...
Consumer Advocate: Florida Rideshare Proposal ‘Hell-on-Wheels’
Mar 23 2015 // The Consumer Federation of the Southeast (CFSE) has warned that consumers will be at significant risk if Florida legislators allow transportation network companies like Uber and Lyft to follow different consumer protection...
Florida Ends Citizens’ Assessment Early
Mar 23 2015 // Florida regulators are two years ahead of schedule in ending an assessment used to retire a bond issued by the state-backed property insurer Citizens following the eight-storm 2004-2005 hurricane season. The move codifies...
N.Y. Assemblyman Proposes State-Run Flood Insurance
Mar 23 2015 // A New York State assemblyman is proposing a bill to create a state-run flood insurance program designed to serve New York homeowners in flood-prone communities. Assemblyman Phillip Goldfeder (D-Queens) announced the plan...
M&A Calendar: P/C Agent, Broker Mergers & Acquisition Headlines in 2014
Mar 23 2015 // Insurance Journal reported on more than 200 deals involving agencies’ or brokerages’ mergers and acquisitions in 2014. Activity was busiest in the first and fourth quarters, with more than 60 announcements...
Declarations
Mar 23 2015 // Afterthought “We had this spurt in the auto age where we built these enormous arterials. We built them very wide. We designed them to speed the movement of cars. Pedestrians were a bit of an...
