Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Court OK with Insurer Not Following Hurricane Deductible Notice to a ‘T’
Jun 18 2012 // The failure to strictly follow the requirements for providing policyholders with information about their hurricane deductible does not mean the deductible is unenforceable, Florida’s high court has ruled. The Florida...
Meet Barry Gilway: Florida’s Fate is in His Hands
Jun 14 2012 // Meet Barry Gilway, 66, Florida Citizens Property Insurance Corporation’s new president. Given the challenges ahead, I don’t know whether or not to congratulate him. Gilway has over 40 years of experience in the...
What Florida Conservatives Should Say About Backstopping
Jun 14 2012 // It’s pretty clear that Florida’s state-run property insurance system is a total mess in just about every way. As Ray Lehmann, me, and others have written the legislature–given sufficient political...
Former Zurich North America Executive Gilway to Head Florida’s Citizens
Jun 14 2012 // Florida’s state-backed homeowners insurer has reached into the private sector for its new president, selecting an experienced insurance executive and consultant. The Citizens Property Insurance Corp. board of...
Insurance Executives Urge Political Stability in Florida
Jun 14 2012 // Until Florida creates an atmosphere of political and regulatory stability, and allows companies to turn a profit, the private market will remain reluctant to write homeowners in the state, said a panel of insurance...
Lexon Buys Florida’s Peninsular Surety
Jun 13 2012 // Lexon Insurance Co. in Hermitage, Tennessee, has agreed to a acquire all shares of Peninsular Surety Co. in Naples, Fla. Pending expectant regulatory approval by the state of Florida, Peninsular will become a wholly owned...
Hylant Group Acquires AGIS
Jun 12 2012 // Toledo, Ohio-based privately owned insurance brokerage firm, Hylant Group, has acquired AGIS, an independent, full-service employee benefits agency with offices in Birmingham, Mich., and Orlando and Jacksonville, Fla. The...
Study: Florida, Virginia Have Best Building Codes
Jun 12 2012 // Florida and Virginia have received good marks in a survey that looks at building codes in hurricane-prone states. The Tampa-based Insurance Institute for Business & Home Safety conducted an analysis, evaluation, and...
Gov. Scott to Florida Insurance Agents: There’s More Work Ahead
Jun 12 2012 // Fla. Gov. Rick Scott Florida has made a good start on addressing some of the state’s most pressing insurance issues such as pursuing ways to depopulate the state-backed homeowners insurer and reforming the no-fault...
Florida Can and Should Fix its Own Insurance Problems
Jun 8 2012 // You have to hand it to the Palm Beach Post. First, the paper sends out a reporter to a press conference with Gov. Rick Scott to ask his opinion of a “national windstorm pool,” and builds an entire story (no...
Florida insurance reform push draws strange bedfellows
Jun 7 2012 // Tom Grady, interim chief of Florida’s Citizens Property Insurance Corp., has been on a tour of the Sunshine State, trying to defend he and his board’s efforts to try to speed depopulation of the state-run...
Florida Court: No Penalty for Insurer Not Following Deductible Disclosure to a ‘T’
Jun 6 2012 // The failure to strictly follow the requirements for providing policyholders with information about their hurricane deductible does not mean the deductible is unenforceable, Florida’s high court has ruled. The Florida...
Brazilian Firm Sues Florida Over Cuba, Syria Law
Jun 6 2012 // The U.S. subsidiary of Brazilian construction and engineering conglomerate Odebrecht has filed a lawsuit challenging a recently signed Florida law barring local governments from hiring companies that do business in Cuba or...
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...
