Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
States Collecting on $146 Million AIG Workers’ Comp Settlement
Jun 5 2012 // State regulators around the county are finally collecting their share of a multimillion dollar settlement reached with American International Group (AIG) in 2010 based on the company’s misreporting of workers’...
Florida Broker Kuykendall Gardner Names Loflin as Vice President
Jun 5 2012 // Winter Park, Fla.-based insurance broker Kuykendall Gardner recently hired Brendan Loflin as vice president. In this role, he will be responsible for insurance and bond sales, new business development, client relations and...
Report Card Ranks Vermont Best, Florida Worst States for Insurance
Jun 4 2012 // The R Street Institute published its first research project as an independent institution today, a report card of the insurance regulatory environments in each of the 50 states. The report card builds on a series of annual...
Raise Rates, Keep Florida Citizens
Jun 4 2012 // The Fort Meade Leader, a smallish Florida Newspaper, has a bang up editorial today about the Florida Citizens Property Insurance Corporation continuing woes. Despite signifiant improvements in its management, an despite...
Wildlife Groups Call for Florida Property Insurance Reforms
Jun 4 2012 // Taking the position that Florida’s heavily-subsidized property insurance market is leading to over-development along the state’s coastline, wildlife groups are calling on state lawmakers to make reforms even if...
Florida’s Citizens Hears Depopulation Ideas
Jun 4 2012 // When the question is how to shrink Florida’s state-backed home insurer, answers from insurance agents, insurer executives, state lawmakers, and others come down to increasing rates and shifting more policies to the...
Florida Agent Association Tops 2,000 Members
Jun 4 2012 // The Florida Association of Insurance Agents, which represents thousands of independent agents statewide, has topped more than 2,000 agencies for the first time in its history. FAIA’s growth comes despite...
Florida Cat Fund’s Financial Condition Triggers A.M. Best Review of Insurer Ratings
Jun 4 2012 // Insurers writing homeowners coverage in Florida could see a revision in their financial ratings after one of the nation’s top rating companies announced it will reconsider them in light of the financial problems...
Loan Readiness
Jun 4 2012 // Floridians still remember Hurricane Andrew from 20 years ago and for good reason given the destruction the Category 5 wrought. Andrew still ranks as one of the most expensive natural disasters ever in the U.S. The state...
Why Workers’ Compensation Claimants Hire Attorneys
Jun 4 2012 // Workplace trust, fear of claim denial and injury severity are the main reasons for attorney representation in workers’ compensation claims, according to Bogdan Savych, a public policy analyst with the Workers...
Declarations – Southeast
Jun 4 2012 // Pad Thigh “I believe the technology has improved, the pads are far better than a decade ago, they allow better performance and are more protective. Every other level of football uses the pads.” —NFL...
People – Southeast
Jun 4 2012 // Sarasota, Fla.-headquartered property/casualty insurer FCCI Insurance Group (FCCI) recently expanded into Maryland and has hired Jeanine Ferritor as a senior marketing underwriter to develop FCCI’s independent agency...
Florida Hurricane Fund May Come Up Short If Big Storm Hits
Jun 4 2012 // Florida may not have enough money to pay off hurricane insurance claims if a big storm hits this year. An advisory panel recently concluded that the state may fall nearly $2 billion short of the total needed to cover all...
Florida City Doubles in Size Since Hurricane Andrew
May 30 2012 // The havoc wreaked by Hurricane Andrew in Homestead, Florida two decades ago still serves as a warning about the devastation even a slow tropical storm season can bring. Homestead was ground zero when Andrew plowed ashore...
Tropical Depression Beryl Douses Florida, Georgia with Heavy Rains
May 29 2012 // Tropical Depression Beryl is located over southern Georgia bringing heavy rain to the southeast of the state and to northern Florida, according to Risk Management Solutions (RMS). Total accumulations are expected to reach...
Court Nixes Florida Award for Injury Before Policy Purchase
May 29 2012 // A Florida appellate court has reversed a $6.25 million judgment against an insurance company because it was for an injury that occurred four days before coverage was obtained. A three-judge panel of the 1st District Court...
Florida Readies Storm Plan for Republican Convention
May 24 2012 // Florida Gov. Rick Scott will have the final say whether to cancel the Republican National Convention in the event of a hurricane. The convention where Mitt Romney is expected to be formally nominated as the Republican...
Weather Channel’s Knabb Named Chief of National Hurricane Center
May 21 2012 // Richard Knabb, the tropical weather expert at The Weather Channel, will be the next chief of the U.S. government’s hurricane forecasting hub in Florida, federal officials said Friday. The promotion to director of the...
Florida Revises Workers’ Comp Certificates, Audit Laws
May 21 2012 // Florida’s governor has signed legislation streamlining the workers’ compensation certificate process, eliminating mandatory premium audits, and discontinuing refunds for insurers with excess profits. Gov. Rick...
Florida’s Citizens Defends Plan to Consider Higher Rates on New Business
May 18 2012 // Facing protests from consumers and state officials, Florida’s state-run homeowners insurer has found itself defending a proposal to increase rates for new customers above a legislative cap placed on current...
