Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Michigan Appeals Court: Insurance Agents May Not Be ‘Professionals’ Under Malpractice Definition
Nov 17 2014 // Is an insurance agent a “professional” when it comes to whether or not he or she may be charged with malpractice? Not necessarily, a Michigan state appeals court has said. The Michigan Court of Appeals made...
Florida Jury Awards Smoker $35 Million
Nov 14 2014 // A jury in Polk County has awarded $35 million in damages to a former Florida smoker who underwent two lung transplants. The jury’s decision on behalf of 61-year-old Richard Boatright of Bartow came against Philip...
Florida Approves 5.2% Rate Cut for Workers’ Compensation in 2015
Nov 13 2014 // The Florida Office of Insurance Regulation said it has approved an overall decrease of 5.2 percent in workers’ compensation insurance rates in Florida, the first decrease in four years. As expected, The National...
Car Falls Into Hole in Florida Driveway
Nov 12 2014 // Six Tampa Bay-area families were evacuated after a car fell into a hole that developed in a driveway. Pasco County officials say the hole that developed Monday in Holiday was 10 feet wide and 10 feet deep. County spokesman...
CBIZ Acquires Weekes & Callaway in Florida
Nov 7 2014 // CBIZ Inc. in Cleveland, Ohio, has acquired Weekes & Callaway Inc. (W&C), an independent insurance agency based in Delray Beach, Florida, effective Nov. 1, 2014. Financial terms were not disclosed. Founded in...
Florida Rejects NCCI’s 3.3% Rate Decrease, Calls for Larger Cut
Nov 6 2014 // Florida Insurance Commissioner Kevin McCarty issued an order on Wednesday notifying the National Council on Compensation Insurance (NCCI) that its proposed 3.3 percent overall decrease in workers’ compensation rates...
Florida’s Edison Insurance Reborn with New Management
Nov 6 2014 // Florida homeowners’ insurers Edison Insurance Co. is being relaunched with new management and coverage options almost five years after its business was taken over by another insurer. The company said it plans to...
South Carolina Approves CAT Models, Weighs Building Public Model
Nov 4 2014 // South Carolina regulators have approved seven private catastrophe models for use in ratemaking while conducting a legislatively mandated study on the feasibility of constructing a public model. South Carolina Insurance...
People – Southeast
Nov 3 2014 // Insurance broker Marsh has named Christian Ryan, a real estate, gaming and hospitality insurance broker, as its U.S. Gaming Practice leader. Ryan joins Marsh from Willis North America where he has spent the last nine...
South Carolina Approves CAT Models, Weighs Building Public Model
Nov 3 2014 // South Carolina regulators have approved seven private catastrophe models for use in ratemaking while conducting a legislatively mandated study on the feasibility of constructing a public model. South Carolina Insurance...
Florida Tourist Spots Toughen Safety Rules for Rental Scooters
Oct 31 2014 // Some tourist cities in Florida and elsewhere are concerned about the safety of rented motor scooters. Panama City Beach recently enacted new regulations requiring rental companies to carry insurance, provide renters with...
Florida Arrests 5 in Alleged Insurance Fraud Scheme
Oct 31 2014 // Florida Chief Financial Officer Jeff Atwater announced the arrests of attorneys, chiropractors and clinic employees involved in an organized personal injury protection (PIP) fraud scheme. Atwater said the five arrests were...
Anchor P&C Is Newest Florida Homeowners Insurance Carrier
Oct 30 2014 // Anchor Property and Casualty Insurance Co. became licensed by the Florida Office of Insurance Regulation (OIR) on Oct. 28 to write homeowners insurance business in the state. At the same time, the company has been approved...
Florida Approves Up to 183K Takeouts from Citizens for 2015
Oct 30 2014 // The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 180,040 personal residential policies and 2,527 commercial residential polices from Citizens Property Insurance Corp. The OIR said these...
Lawsuits Commence Against Takata, Auto Makers Over Air Bags
Oct 28 2014 // Takata Corp. and carmakers that install the company’s air bags were sued by U.S. drivers over claims they were duped into buying unsafe vehicles following the recall of almost 8 million cars from 10...
Republican Atwater Expected to Easily Retain Florida CFO Seat
Oct 28 2014 // The races for two of Florida’s most important offices, state agriculture commissioner and chief financial officer, both pit incumbent Republicans with big campaign coffers against little-known Democrats who...
Florida Gov. Scott Orders 21-Day Monitoring for Ebola
Oct 27 2014 // Florida Gov. Rick Scott is ordering twice daily monitoring for anyone returning from places the federal Centers for Disease Control and Prevention designates as affected by Ebola. Scott signed the order Saturday, giving...
Carpenter Report Details Impact of 2004 & 2005 Hurricane Seasons
Oct 27 2014 // Guy Carpenter & Company released Part II of the two-part Ten-Year Retrospective of the 2004 and 2005 Atlantic Hurricane Seasons. Part II focuses on the 2005 hurricane season and the cumulative effects of both the 2004...
Florida Is Hot Spot for Luxury Car Theft
Oct 23 2014 // Drivers of luxury vehicles in Florida should watch out. Their cars are the least likely in the U.S. to be returned if stolen. More than 25 percent of luxury cars taken from the beginning of 2010 through 2013 were never...
Florida’s AssuredPartners Acquires Alabama’s Turner & Hamrick
Oct 23 2014 // Agency acquirer AssuredPartners Inc. of St. Mary, Florida, has purchased the assets of Turner & Hamrick, LLC, headquartered in Troy, Alabama. The Alabama agency specializes in insurance for the trucking industry, in...
