Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
People – Southeast
Nov 4 2013 // The Chubb Corp.’s board of directors announced that John D. Finnegan, Chubb’s chairman, president and chief executive officer, will remain in his current roles until the end of 2016, breaking a Chubb policy...
Florida to Report on Effect of Reinsurance Savings on Homeowners’ Rates
Oct 30 2013 // Florida Chief Financial Officer Jeff Atwater wants to know why home insurers are not passing along to insureds apparent savings they are realizing on reinsurance. The state’s insurance regulator says he will let...
Florida Agent Charged with Forging Forms for Mitigation Credits
Oct 30 2013 // Florida Chief Financial Officer Jeff Atwater announced the arrest of Leon Mobley, 45, a licensed insurance agent in Wellington, for allegedly submitting false and forged wind mitigation verification inspection forms on...
Matthews Named Florida Insurance Department Interim Chief of Staff
Oct 28 2013 // Florida Insurance Commissioner Kevin McCarty said that Rebecca Matthews will serve as interim chief of staff of the Office of Insurance Regulation. Matthews currently serves as the deputy chief of staff. Matthews succeeds...
Florida Court Lifts Ban on PIP Law But Challenge Continues
Oct 25 2013 // Florida’s no-fault automobile insurance law is fully in force for now after a district court lifted an injunction that blocked part of law on a legal technicality leaving open the possibility for further challenges...
North Carolina, Florida Among States With Most Reported Heavy Equipment Thefts
Oct 24 2013 // A report this month from the National Insurance Crime Bureau (NICB) shows five of the top 10 states nationwide with the most reported heavy equipment thefts are from the Southeast region. In NICB’s “Equipment...
Flood Insurance Price Increases Affecting Home Sales
Oct 24 2013 // Rangel Dockery and her husband bought a waterfront house in Florida four months ago, assuming their $2,000-a-year flood-insurance premium would remain about the same. After reading recently about a change in the federal...
Florida Regulators Disapprove NCCI’s 1% WC Rate Increase Proposal
Oct 23 2013 // Florida Insurance Commissioner Kevin McCarty today issued an order notifying the National Council on Compensation Insurance (NCCI) that its 1-percent proposed annual rate filing increase in Florida’s workers’...
Florida Court Reverses Itself: 104-Week Limit on Temporary Benefits Constitutional
Oct 23 2013 // A Florida district court has overturned an earlier ruling that found a 104-week limit on an injured worker’s temporary benefits unconstitutional. The court ruled instead that the limit represents a legal deadline to...
Florida Condo Developer Sues Residents Over Website
Oct 22 2013 // The developer of a mold- and water-plagued condominium complex in Manatee County alleges in a lawsuit that a handful of former and current residents conspired to hack emails and to create a website slamming the company in...
Florida Man Gets 7 Years in New Jersey Insurance Fraud Scam
Oct 21 2013 // A Florida man who worked for a now-defunct southern New Jersey construction company has been sentenced to seven years in state prison for his role in a home-repairs scam.. The New Jersey attorney general’s...
Confusion Still Major Hurdle in Florida for New Health Care Law
Oct 21 2013 // As federal health officials work around the clock to fix technology glitches plaguing the website where U.S. citizens can obtain health insurance under the new federal law, many Floridians still have little understanding...
Business Moves
Oct 21 2013 // Confie Seguros Personal lines insurance brokerage Confie Seguros acquired three additional brokers: James S. Sullivan Agency and Advanced Auto Insurance in New York, and Family Insurance in Corpus Christi, Texas. James S....
Is Private Market an Option for Florida Flood Insurance?
Oct 21 2013 // With thousands of Florida homeowners facing significant increases in their federal flood insurance premiums, state lawmakers are considering ways to open up the market to private insurers. Industry experts, however, say...
Florida Enters Era of Workers’ Compensation Market Stability
Oct 21 2013 // Florida’s workers’ compensation system has reached a rare state of rate stability, according to insurers and officials. The agency, the National Council on Compensation Insurance, filed for a one percent...
Florida Highway Trooper Wants Name Cleared in Lawmaker Ticketing Case
Oct 18 2013 // A Florida Highway Patrol trooper who got in trouble over giving breaks to state legislators wants an appeals court to clear his name. An attorney for Trooper Charles Swindle said that Swindle was appealing to the 1st...
Florida Hurricane Fund Financial Condition As ‘Strong As Ever’
Oct 17 2013 // Florida is ending this year’s storm season with some good news. The state-created fund that backs up private insurers in Florida remains in the best financial shape it has been since it was created 20 years ago. New...
Florida Clinic Owner Could Get 75 Years in PIP Fraud Case
Oct 16 2013 // A Florida clinic owner is facing up to 75 years in prison for being involved in a scheme to fraudulently obtain medical payments under the state’s no-fault auto insurance law. State investigators said they found that...
Florida Supports Mississippi Suit Against Flood Insurance Hikes
Oct 16 2013 // Florida officials plan to file a brief in support of Mississippi’s lawsuit against the federal government in an attempt to block flood insurance rate hikes called for under recent reform legislation. Gov. Rick Scott...
With Rate Hikes Looming, Florida Weighs Private Flood Insurance Options
Oct 11 2013 // With thousands of Florida homeowners facing significant increases in their federal flood insurance premiums, state lawmakers are considering ways to open up the market to private insurers. Industry experts, however, say...
