Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Regulators Question Auto Insurance Savings
Aug 6 2012 // Florida regulators are warning that a preliminary report estimating a new law will cut no-fault auto insurance premiums by 12 percent to 20 percent may be misleading and overly optimistic. The Office of Insurance...
Insurers Cite Florida, Urge Stronger Building Codes
Aug 6 2012 // Property/casualty insurers are backing a measure in Congress to incentivize states to adopt stronger building codes. The National Association of Mutual Insurance Companies (NAMIC) told members of a House panel that a...
Florida’s Top 10 Roofers
Aug 6 2012 // The BuildFax Florida Roof Age Report, based on analysis of its historical residential building permit data, released its top 10 lists of the most active roofing contractors in Florida. The Florida Building Code, effective...
Florida Tops the List of States With Most Watercraft Thefts: NICB
Aug 3 2012 // The National Insurance Crime Bureau (NICB) published this week its latest report on watercraft theft and recoveries in the United States. According to the report, Florida led the nation with the highest number of thefts in...
Florida’s Workers’ Compensation Check Fraud Efforts Produce Results
Aug 1 2012 // Just months after Florida lawmakers enacted a new law designed to target the role of check cashing companies in the construction industry, state officials announced a string of arrests netting more than $140 million in...
Private Companies Offer Plans to Depopulate Florida’s Citizens
Jul 27 2012 // Private companies and investors say they are willing to remove thousands of policyholders from Florida’s state- backed homeowners market if they can get officials to give them millions of dollars in loans. At a...
Florida Regulators Question State Farm’s 57% Rate Hike for Landlords
Jul 26 2012 // Florida regulators are expressing concern over a State Farm Florida proposed statewide average 57.3 percent rate hike in insurance rates for landlords that will result in higher premiums while the insurer continues not to...
Carron Joins Willis North America Yacht Practice in Florida
Jul 25 2012 // Willis North America has appointed Rob Carron as an account executive with Willis North America Yacht Practice in Fort Lauderdale, Fla. The North America Yacht team serves clients worldwide in partnership with the Willis...
Directors Cite Insurance Questions in Ouster of North Carolina’s Duke Energy CEO
Jul 23 2012 // A long-time Duke Energy Corp. director who led the surprise CEO ouster at the country’s largest electric company said Friday that reasons for the move included a long-delayed update on insurance payments for a...
Florida Court Nixes Adjuster 48-Hour Rule
Jul 23 2012 // A 2008 Florida law establishing a 48-hour moratorium on public adjusters has been ruled unconstitutional by the Florida Supreme Court on grounds that it restricts commercial speech. The overturned law had prevented public...
Florida Streamlines Licensing for Agents, Adjusters
Jul 23 2012 // A new Florida law seeks to reduce the regulatory burden on agents and adjusters by consolidating some licenses and revamping the education classes they must take to conduct business in the state. Among the changes:...
Hawk Joins Todd Insurance Agency in Florida
Jul 20 2012 // After two years pursuing undergrad studies at Florida Gulf Coast University, Christina Hawk has rejoined the Ted Todd Insurance Agency in Bonita Springs, Florida as a licensed personal lines insurance agent. The Allstate...
Harsh Medicine in South Florida
Jul 19 2012 // The Citizens Property Insurance Corp.’s governing board convened a workshop in Miami this week to address various issues facing the state-run insurer, including its inadequate rates, ballooning book of business and...
South Florida Not Receptive to Citizens’ Rate Hike Plans
Jul 18 2012 // Executives and the board of governors of Florida’s largest state-back property insurer received a rude reception at a public rate hearing in Miami where they indicated they will consider increasing rates on existing...
McKay Tapped As Executive Director of the SLA of California
Jul 17 2012 // Benjamin J. McKay was named as executive director of the Surplus Line Association of California. The appointment was effective July 16. McKay joins the SLA-CA after a career in both the private and public sector. He spent...
Florida Citizens’ Chief Sets 500K Policy Depopulation Target
Jul 17 2012 // Maintaining there is no disagreement on the objectives of Florida’s state-backed property insurer, Citizens Property and Insurance Corp. President Barry Gilway says he hopes the insurer will reduce its policyholder...
Florida’s Citizens to Weigh Rate Hikes Today
Jul 16 2012 // The new president of the state-backed Citizens Property Insurance Corp. meets with the insurer’s governing board for the first time, looking for consensus on finalizing the insurer’s rate request for next...
New Law on BP Oil Spill Promises States More in Restoration Monies
Jul 16 2012 // U.S. Gulf Coast states have a higher stake in the amount of money the U.S. government can wring out of BP Plc for the 2010 Deepwater Horizon oil spill due to a new law that would divert billions of dollars in potential BP...
Gilway’s Approach to Citizens Reform Strikes a Good Balance
Jul 13 2012 // Barry Gilway was appointed president of Florida’s Citizens Property Insurance Corp. just a few weeks ago and already he is making public statements about how he intends to restore the state-owned company’s...
Florida Property Owner to Pay $1 Million Wrongful Death Claim
Jul 11 2012 // The family of a woman killed in a drug-related shooting will receive $1 million from the property owner for a wrongful death claim. The Florida Times Union reported that 19-year-old Danielle Melton’s twin toddlers...
