Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Premium Increases Under Obamacare Not as High as Expected: Study
Sep 9 2013 // The federal Affordable Care Act will not lead to widespread premium increases in the individual health insurance market. That’s according to a new analysis of 10 states and the United States overall by RAND Corp.,...
Florida Workers’ Comp Writers Seek 1% Rate Bump
Sep 9 2013 // Florida’s employers can look forward to little, if any, change in their 2014 workers’ compensation rates as the state’s industry-backed rating agency has filed for a statewide average one percent rate...
Federal Flood, States’ Wind Plans Need Further Reforms
Sep 9 2013 // A recent report from the Union of Concerned Scientists, a watchdog group, calls for further reforms to flood and wind insurance programs to discourage risky development and help reduce risk and taxpayer costs. The report,...
Florida’s Citizens Increasing Rates on Some Commercial Policies
Sep 6 2013 // Florida regulators have approved a first round of rate changes for the state-backed property insurer that include an 8.3 percent increase in condominium association multiperil policies. Citizens Property Insurance Corp....
Florida’s Citizens Signs with 10 Insurers to Take Nearly 400,000 Policies
Sep 3 2013 // Hundreds of thousands of Floridians who rely on Citizens Property Insurance could soon find themselves with a new insurance company. State regulators last week quietly signed off on a plan to let 10 different insurance...
Florida Insurers, Hospitals Findings Ways to Cut Costs
Aug 30 2013 // As health care costs rise in Florida, insurers and hospitals vested in the success of the Affordable Care Act, are coming up with new ways to cut costs from buying services in bulk and piloting programs to lowering...
Gardner Joins Willis North America in Florida as Senior VP
Aug 28 2013 // Willis North America has named Walter Gardner as senior vice president and practice leader, Human Capital, for Willis of Florida Inc. Willis of Florida provides employee benefit and risk management services for 5,000...
Florida Schools Open with More Armed Security
Aug 26 2013 // In the Fort Lauderdale suburb of Pembroke Pines, students returning to school this year are being greeted not only by their teachers and principal. They’re also meeting the armed school resource officer who will be...
Florida’s Citizens Insurance Signs $45M Contract with Bolt for Clearinghouse
Aug 23 2013 // Florida’s state-backed property insurer has tapped a Connecticut-based firm to operate a new clearinghouse where new and renewal policyholders will be shopped to the private market before they are eligible for...
Florida’s Citizens Makes Case for Homeowners, Sinkhole Rate Increases
Aug 21 2013 // Florida’s state-backed property insurer is seeking a statewide average 6.6 percent increase in homeowners’ rates and a 24.8 percent increase in sinkhole rates while citing reduced losses and an improved...
Florida Blue Gets OK to Restructure Under Mutual Holding Company
Aug 19 2013 // Florida insurance regulators ruled Friday to allow health insurance giant Florida Blue, one of the state’s largest employers and political donors, to restructure itself under a not-for-profit mutual insurance holding...
Florida Court Reduces Damages in College Football Player Wrongful Death Suit
Aug 18 2013 // A ruling by a Florida appeals court on Friday has reduced a $10 million damage award to $200,000 in a wrongful death lawsuit filed by the family of a University of Central Florida football player who died following...
Insurers Seek 1% Increase in Florida Workers’ Comp Rates
Aug 16 2013 // Florida’s employers can look forward to little, if any, change in their 2014 workers’ compensation rates as the state’s industry-backed rating agency has filed for a modest statewide average 1 percent...
Official: 100-Foot Sinkhole at Florida Resort Not Growing
Aug 15 2013 // An official at the Florida resort where a villa was partially swallowed into the ground says it doesn’t appear the sinkhole on the site is growing. Summer Bay Resort President Paul Caldwell told reporters during a...
Q&A: Why Sinkholes Form in Florida
Aug 15 2013 // Sections of a building at a resort near Orlando’s theme park district collapsed into a sinkhole on Aug. 12, forcing the evacuation of 105 guests in the structure and also dozens of visitors staying in two adjacent...
Report: More Reforms Needed for Flood, Wind Insurance Programs
Aug 15 2013 // A new report this week from the Union of Concerned Scientists, a watchdog group, warns that sea level rise and worsening storm surge are increasing both the risks of flooding in coastal communities and the potential for...
Insurance Broker Gardner Appointed Chair of Florida’s Citizens
Aug 14 2013 // Florida Chief Financial Officer Jeff Atwater has tapped Chris Gardner to be the new chair of the Citizens Property Insurance Corp. board of directors. Gardner has been a member of the Citizens board since July 11, 2011. He...
Buildings Near Florida Resort Sinkhole Being Inspected for Damage
Aug 14 2013 // An official at a resort near Orlando, Fla., where a 100-foot sinkhole has swallowed part of a villa has said he’s awaiting the results of inspections to determine if there’s been damage to two other buildings...
Sinkhole Causes Florida Resort Villa to Collapse
Aug 13 2013 // A sinkhole caused a section of a Florida resort villa near Disney World to partially collapse Monday, while another section was sinking, authorities said. About 30 percent of the three-story structure collapsed before...
Florida Regulator McCarty Answers CFO Over Reinsurance Costs
Aug 12 2013 // Florida’s insurance regulator, in response to questions why lower reinsurance costs have not translated into reduced homeowners rates, said insurers have significant leeway in how they incorporate those costs into...
