Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
New Underwriting Agency Assure Space to Cover Satellite Risks
Sep 7 2012 // Assure Space, LLC, a new space insurance agency for satellite risks, has partnered with Auster Capital Partners (ACP) and Space Florida for the provision of launch and in-orbit insurance to satellite operators worldwide....
New Marine Wholesale Brokerage Opens for Business in Florida
Sep 7 2012 // Florida has a new wholesale insurance broker specializing in marine industry risks. Founded by Steve Cunningham, Theresa Proios-Jewell and other associates with marine insurance experience, Legacy Underwriters is based out...
Florida Lawmaker Questions Citizens Travel Expenses
Sep 5 2012 // A Florida state senator is demanding that executives of the state-backed property insurer be questioned after expense reports showed that they spent thousands of dollars on travel and related expenses. Florida Senator Mike...
Florida Governor Opens Disaster Fund
Aug 30 2012 // Florida Gov. Rick Scott has announced that the state is activating Florida’s disaster fund to help residents who suffered property losses from Hurricane Isaac and Tropical Storm Debbie. Earlier this week, Hurricane...
Allstate Sues Florida Neurologic Clinic for $7.6M in False Claims
Aug 30 2012 // A Florida neurologic clinic that specializes in treating patients with traumatic brain and spinal cord injuries is being sued by a major automotive insurance company for more than $7 million in false claims stemming from...
Florida’s Citizens Insurance Lowers Isaac Claims Estimate
Aug 28 2012 // As Tropical Storm Isaac moves westward away from Florida and toward Louisiana, Florida’s largest property insurer has lowered its estimate of the number of claims it thinks it might receive. Citizen Property...
Isaac Blows Past Florida Keys with Little Damage
Aug 28 2012 // Tropical Storm Isaac rolled over the open Gulf of Mexico on Monday, where it was expected to grow into a hurricane before hitting land somewhere between Louisiana and Florida and close to the seventh anniversary of...
Florida Citizens Insurance Adjusters Ready for Isaac Claims
Aug 27 2012 // Citizens Property Insurance Corp. in Florida says teams of adjusters are preparing to assess damage caused Tropical Storm Isaac. In a statement issued Sunday, Citizens Board Chairman Carlos A. Lacasa says the mobile units...
Update: Isaac Menaces Gulf States; Forces Evacuations, Closings; Serious Flooding Feared
Aug 27 2012 // Tropical Storm Isaac closed in on the U.S. Gulf of Mexico coast on Monday, triggering some mandatory evacuation orders and disrupting U.S. offshore oil production as it threatened to make landfall between Florida and...
Insurers Seek 6.1% Increase in Florida Workers’ Compensation Rates
Aug 24 2012 // Florida employers may see their workers’ compensation rates increase as the National Council on Compensation Insurance announced it is seeking a statewide average 6.1 percent rate hike on behalf of insurers. If...
Penny-Wise and Billion-Pound-Foolish in Florida
Aug 24 2012 // According to its official tourism marketing corporation, the State of Florida welcomed 87.3 million visitors in 2011, whose $67.2 billion of spending generated nearly a quarter of the state’s sales tax revenue. As...
Tropical Storm Isaac Threatens Haiti; Oil Rigs Shut; Southeast Prepares
Aug 24 2012 // Tropical Storm Isaac strengthened on Friday as it took aim at flood-prone Haiti, but it was not expected to become a hurricane until it barreled into the Gulf of Mexico early next week. On its current path, forecasters...
TS Isaac Nears Haiti with Heavy Rains; Remains on Course for Eastern Florida
Aug 24 2012 // In its bulletin issued at 5:00 a.m. EDT the national Hurricane Center in Miami described tropical storm Isaac as “poorly organized.” As a result its most serious threat is not from the wind speed, around 45...
Reforms May Save Florida Drivers Up to 24.6% on PIP Premium: Report
Aug 24 2012 // Florida’s new no-fault auto insurance law could result in savings of 14 percent up to as much as 24.6 percent for drivers’ on their personal injury protection premiums, although it remains to be seen whether...
Tampa, Host of Republican Convention, Prepares for Possible Hurricane Isaac
Aug 23 2012 // Tropical Storm Isaac is posing a potential threat to next week’s Republican National Convention in Florida, which culminates in the nomination of Mitt Romney for president. The U.S. National Hurricane Center on...
Florida Keys’ Citizens Look to Lower Islands’ Risk Profile, Rates
Aug 23 2012 // Frustrated by rising premiums, reduced coverage and a single market, citizens and officials in the Florida Keys are hoping to convince catastrophe modelers, insurers and reinsurers that their islands are not as big a risk...
UPDATE: TS Isaac on Track to Hit Florida; Strengthening Expected
Aug 23 2012 // The most recent update from the National Hurricane Center in Miami (5:00 a.m. AST) located the center of tropical storm Isaac southwest of Puerto Rico. The NHC said the storm is “moving toward the west near 12 mph,...
Tropical Storm Isaac Strengthening; Floridians, Citrus Growers Begin to Worry
Aug 22 2012 // New York orange juice futures jumped more than 5 percent on Wednesday after U.S. forecasters warned Tropical Storm Isaac would strengthen into a hurricane and could hit the south coast of citrus-rich Florida by Monday. The...
TS Isaac Forms in Atlantic; Strengthening Expected; Could Hit Florida: NHC
Aug 22 2012 // For the past week the National Hurricane Center in Miami has been monitoring a low pressure system that formed off the Cape Verde Islands. Late yesterday it coalesced into a tropical storm, which has been given the name...
Historical U.S. Hurricanes: What If They Struck Today?
Aug 21 2012 // There have been 28 storms in U.S. history since 1900 which if they were happen today would each cause $10 billion or more in insured losses. Hurricane Andrew, which struck Florida 20 years ago this week, would be three...
