Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Ayala Joins MarketScout in Florida
May 15 2012 // Marsha Ayala has joined MarketScout’s Florida office as an underwriter. Ayala’s hire is part of the company’s expanding activities in south Florida, where it is focusing on insurance for individuals with...
Florida Hurricane Fund May Come Up Short If Big Storm Hits: Panel
May 14 2012 // Florida may not have enough money to pay off hurricane insurance claims if a big storm hits this year. An advisory panel last Thursday concluded that the state may fall nearly $2 billion short of the total needed to cover...
Florida Supreme Court Hears Class Action Arbitration Argument
May 11 2012 // A pay day loan company’s lawyer argued this week that the Florida Supreme Court must uphold a contract provision prohibiting customers from banding together in class action arbitration cases against the firm because...
Gallagher Joins Reliance Global Group in Florida
May 11 2012 // Kevin Gallagher recently joined Reliance Global Group, Palm Beach Gardens, Florida, in the position of executive vice president of sales and marketing. Gallagher will be introducing UniSurance, a specialty product for...
Miami Boat Captain Charged with Insurance Fraud Over Sinking of $1.8M Yacht
May 10 2012 // A Miami boat captain has been arrested on a first-degree grand theft charge for allegedly sinking a $1.86 million yacht in 2009 off the Bahamas. Florida Chief Financial Officer Jeff Atwater announced the arrest of Robert...
Florida Approves Hurricane Shelter Plan
May 10 2012 // The construction of new public schools across Florida has contributed to a significant increase in the number of hurricane shelter spaces, according to a plan approved this week by Gov. Rick Scott and the Florida...
Florida Looks to Fix Loophole in PIP Reform Law
May 9 2012 // Florida regulators are scrambling to fix a loophole in the state’s new auto no-fault insurance law that could affect medical payments to health care providers and trigger a spate of lawsuits against the law. Florida...
Florida Revises Workers’ Comp Certificates, Excess Profits, Premium Audit Laws
May 7 2012 // Florida’s governor has signed workers’ compensation legislation streamlining the workers’ compensation certificate process, eliminating mandatory premium audits, and discontinuing refunds for insurers...
Florida Workers’ Comp Exemption Changes Dropped
May 7 2012 // In vetoing a bill on tax credits for his state’s hurricane fund, Florida Gov. Rick Scott also axed several other proposals aimed at streamlining the process that employers use to claim an exemption from buying...
Southeast Agency, Carrier Plans Brighten Jobs Picture
May 7 2012 // Those interested in new or better positions in insurance might want to grab their suntan lotion and head to the Southeast. They might also want to brush up on their Spanish. The unemployment rate remains higher in key...
Southeast Agencies, Carriers Now Hiring
May 7 2012 // Here is some of the positive insurance employment news for the Southeast: Allstate In February, Allstate Insurance announced it was looking to appoint 124 new agency owners in Alabama, Georgia, North Carolina and South...
Florida Governor Vetoes Cat Fund Tax-Credit Plan
May 7 2012 // Florida Gov. Rick Scott has chastised state lawmakers for failing to fully consider a controversial plan to use state premium tax credits to help shore-up the state’s homeowners’ reinsurance fund before...
Florida Law May Block Access to Flood Program
May 7 2012 // A bill recently passed by Florida lawmakers could hinder the ability of some communities to participate in the federally funded flood insurance program, federal officials say. The Federal Emergency Management Agency...
Florida Governor Signs Long-Awaited Auto Insurance Anti-Fraud Bill
May 4 2012 // Florida’s decade long attempt to reform the state’s automobile no-fault insurance law has finally paid off. Gov. Rick Scott, flanked by rows of law enforcement officials and state officials, signed into law...
Florida’s Citizens Issues Largest Catastrophe Reinsurance Bond on Record
May 3 2012 // Florida’s Citizens Property Insurance Corp. has entered the catastrophic bond market in a big way by issuing $750 million in bonds, making it the largest insurance-linked security deal of its kind. Citizens Property...
Florida Yacht Crew Firm Faces Damages Over Discriminatory Email
May 3 2012 // A Fort Lauderdale, Florida company that hires crews for yachts is facing damages after an employee accidentally sent an email to an applicant saying she wasn’t hired because she’s black and overweight. The...
Citizens Delays Rate Hike for New Business
Apr 30 2012 // The governing board for Florida’s state-backed Citizens Property Insurance Corp. has at least temporarily backed off a proposal to begin charging rates for new business next year at rates higher than allowed by...
Florida Agency to Fight FEMA Ban on Flood Insurance Commission Rebating
Apr 27 2012 // One Florida insurance agency is protesting a decision by the federal flood insurance program that would stop insurers and agents from offering clients a rebate on agents’ commission to customers who buy flood...
New York, Florida Associates of ‘Mini-Madoff’ Arrested
Apr 26 2012 // Four associates of a New York businessman convicted in a $400 million Ponzi scheme were arrested Wednesday on charges they pocketed nearly $38 million in commissions for their efforts in advancing the fraud, federal...
Florida Governor Vetoes Cat Fund Tax-Credit Plan
Apr 24 2012 // Florida Governor Rick Scott has chastised state lawmakers for failing to fully consider a controversial plan to use state premium tax credits to help shore-up the state’s homeowners’ reinsurance fund before...
