Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
As Florida Weighs 6.1% Workers’ Comp Hike, Legislators Urged to Act
Oct 18 2012 // A proposed statewide average 6.1 percent increase in Florida’s workers’ compensation rates could spur the first major legislative changes in the state’s system since 2003. The likely targets of reforms...
Florida Amendment 5 Would Shift Supreme Court Power
Oct 16 2012 // The Florida Legislature would gain greater authority over the state Supreme Court and the rules governing state courts if voters approve constitutional Amendment 5 in the Nov. 6 election. The proposal, pushed through the...
3 Reasons Florida’s Citizens Loan Plan Is Bad Idea
Oct 15 2012 // It’s been years since a major hurricane has hit Florida, and the good news for Floridians is that property insurers are filing applications to write policies in the state again. But there’s a plan being hatched...
Florida’s Citizens Puts Brakes on Surplus Note Program
Oct 12 2012 // Florida’s state-backed property insurer has opted to put the brakes on its plan to loan private insurers up to $350 million in surplus in order to address a growing wave of criticism from lawmakers, elected...
Court Urges Change in Florida Workers’ Compensation Law
Oct 12 2012 // An appellate court is urging the Florida Legislature to reconsider a state law that makes injured employees pay employers’ legal costs if they lose good faith workers’ compensation appeals. A three-judge panel...
Florida Hurricane Fund in Better Shape But Could Still Be Short on Cash
Oct 11 2012 // Florida’s state-run reinsurance facility still faces a potential $1.5 billion gap to fulfill its maximum mandatory obligation, although it appears poised to be in better financial condition for the 2013 hurricane...
Court Upholds Florida Medical Malpractice Notification Rules
Oct 11 2012 // The Florida Supreme Court has ruled that refiled medical malpractice lawsuits must follow new state laws. The high court in a unanimous opinion dismissed a lawsuit by Curtis Myers, who alleged medical malpractice after he...
Florida Gov. Becomes Target Even Though He’s Not on Ballot
Oct 10 2012 // There’s one person not on this year’s ballot who is still getting his fair share of grief. And that’s Florida Gov. Rick Scott. Scott has been battling poor poll ratings most of his time in office. Now he...
Incoming Florida House Speaker Wants Citizens to Wait on Lawmakers
Oct 10 2012 // The incoming Florida House speaker is asking the chairman of the state-backed Citizens Property Insurance Corp. to postpone a key depopulation strategy to give lawmakers a chance to review it. Speaker-designate Will...
Astonish now Integrates with QQ Solutions to Provide a Complete Solution for Insurance Agency Management and Digital Marketing
Oct 10 2012 // Warwick, RI, 10/10/12 – Astonish, a leading insurance digital marketing system in the U.S., today announced its integration with QQ Solutions, Inc.’s agency management system, QQ Evolution 2. QQ Solutions, Inc. is...
Florida’s OIR Deputy Chief of Staff Gets Expanded Role
Oct 9 2012 // Florida Insurance Commissioner Kevin McCarty announced last week that Rebecca Matthews, deputy chief of staff at the Florida Office of Insurance Regulation, will direct the government affairs initiatives, which includes...
Florida House Leader Wants Citizens to Wait on Loans
Oct 8 2012 // The incoming Florida House speaker is asking the chairman of the state-backed Citizens Property Insurance Corp. to postpone a key depopulation strategy to give lawmakers a chance to review it. Speaker-designate Will...
Wal-Mart Employees in Florida Claim Gender Bias in Lawsuit
Oct 8 2012 // Three female Wal-Mart Stores Inc. employees have filed a lawsuit in South Florida claiming the retail giant discriminates against women in areas such as wages and promotion opportunities The potential class-action lawsuit...
Florida Justices Say Fair Court System Being Threatened
Oct 8 2012 // Three state Supreme Court justices being targeted by Republicans and other conservatives said Friday that such partisan and special interest attacks are threatening the independence and fairness of Florida’s judicial...
Florida Approves State Farm 6.4% Increase
Oct 8 2012 // Florida regulators have approved an average 6.9 percent homeowners’ insurance rate hike for State Farm Florida Insurance Co. It is the insurer’s fifth increase in as many years. In addition to the increase for...
Space Insurance Agency Aims to Help Florida’s Space Business Take Off
Oct 8 2012 // A new partnership formed between Space Florida, the spaceport authority and aerospace development organization for the state, and insurance agency Assure Space is counting on new space insurance capabilities driving more...
Florida’s Citizens Defends Proposed 11.2% Rate Increase
Oct 8 2012 // Executives of Florida’s state-backed insurer defended a proposed statewide average 11.2 percent increase in homeowners rates as regulators, consumer advocates and other officials questioned the need for the...
Citizens Depopulation and Rates – A Practical Solution
Oct 8 2012 // Today, the homeowners insurance marketplace in Florida is dominated by carriers that were start-ups in the 1990s. Many of them grew by participating in takeout programs initiated to reduce the policy count acquired by the...
3 Reasons Florida Citizens’ Loan Plan Is a Bad Idea
Oct 8 2012 // It has been years since a major hurricane hit Florida, and the good news for Floridians is that property insurers are filing applications to write policies in the state again. But there’s a plan being hatched by the...
Rating Hurricane Risk in Florida: How Using Geocoding Can Lead to More Accurate Pricing
Oct 8 2012 // Small companies often believe that they do not have enough homeowners data to build custom rating territories based on different perils, and therefore simply adopt the territories of a competitor. But because catastrophe...