Florida - Latest Insurance News

Florida Court Backs Workers’ Comp Benefits for Illegal Workers

Sep 5 2011 // Florida employers may be under more pressure to document the status of their workers after a panel of state judges ruled that illegal residents who are injured on the job are eligible for workers’ compensation...

Florida Workers’ Comp Insurers Seek Hike

Sep 5 2011 // Florida business owners could see their workers’ compensation premiums go up if regulators agree to raise rates by a recommended statewide average 8.9 percent. The National Council of Compensation Insurance (NCCI)...

Business Moves

Sep 5 2011 // Arthur J. Gallagher, Robinson-Adams Arthur J. Gallagher & Co. has acquired insurance brokerage operations of Robinson-Adams Insurance Inc. in Birmingham, Alabama. Terms of the transaction were not disclosed. The...

Florida Supreme Court Upholds Household Exclusion in Auto Policies

Sep 1 2011 // Florida’s highest court has upheld the so-called “household exclusion” clause in automobile policies that states the injuries suffered by family members residing with an insured driver are not covered...

Florida Supreme Court to Rule on Medical Malpractice Cap

Sep 1 2011 // Florida highest court will consider whether a $1 million cap on non-economic damages in medical malpractice cases violates the state’s constitution. The Florida legislature enacted the cap as part of a 2003 law...

Florida Targets Check Cashing Firms for Aiding Workers’ Comp Fraud

Aug 30 2011 // Florida officials, law enforcement officers and trade groups are lining up in an effort to stop checking cashing companies from facilitating workers’ compensation fraud in the construction industry. Headed up by...

Costco ‘Slurpee Slip and Fall’ Suit Stays in New York

Aug 26 2011 // A 74-year-old woman who said she was injured after falling in a Costco store in Florida beat back the retailer’s effort to move the case to that state because it was too much trouble to defend itself in New...

Threat of Irene Exposes New York’s Vulnerability

Aug 25 2011 // In the annals of natural disasters, it doesn’t get much worse than a major hurricane directly striking New York City and Long Island. Hurricane Irene is on a course that will take it up the East Coast from the...

Hurricane Irene Seen Skirting Florida, Possibly Landing in Carolinas

Aug 23 2011 // Hurricane Irene was expected to strengthen over the next few days and could hit the southeastern United States as a large and powerful storm late in the week, forecasters said Tuesday. The U.S. National Hurricane...

Hurricane Irene Soaks Puerto Rico, Could Hit Florida By Week’s End

Aug 22 2011 // Hurricane Irene buffeted Puerto Rico with winds and torrential rain Monday, knocking out power and downing trees as it churned westward on a track that will threaten Florida by the end of the week. Local media in the U.S....

Florida Employers May Face Higher Workers’ Compensation Costs

Aug 19 2011 // Florida business owners could see their workers’ compensation premiums go up if regulators agree to raise rates by a recommended statewide average 8.9 percent. The National Council of Compensation Insurance (NCCI)...

AIR Chief on Cat Models: ‘What’s All The Fuss About?’

Aug 19 2011 // When it comes to revised hurricane models, AIR Worldwide CEO Ming Lee has one basic question, “What really is all this big fuss about?” Lee, whose Boston company launched the catastrophe modeling industry in...

Medicus Insurance Now Selling Insurance in Florida

Aug 18 2011 // Medicus Insurance Co., a medical professional liability insurance (MPLI) carriers, is now offering MPLI coverage to physicians and surgeons in Florida. Medicus is an admitted insurer in 31 states from coast to coast. It...

Florida Supreme Court Rules Gov. Scott Erred in Regulation Freeze

Aug 17 2011 // The Florida Supreme Court says Gov. Rick Scott overstepped his authority by suspending state agency rule-making procedures. The justices split 5-2 in the opinion. The majority ruled in favor of a disabled woman who...

Board Members Named for Florida’s Citizens Corp.

Aug 17 2011 // Florida officials are filling out the board of governors for Citizens Property and Casualty Corp. Florida Chief Financial Officer Jeff Atwater announced the appointments of Nancy Baily and Rob Wallace to the board. Baily...

Florida Regulator Taking Citizens Sinkhole Rate Bid on the Road

Aug 16 2011 // South Florida residents will have their say over the state-backed insurer’s proposed triple-digit increase in sinkhole rates as regulators announced they will hold a public hearing on the issue in Tampa on September...

Hampton Joins Florida’s Stahl & Associates

Aug 16 2011 // Stahl & Associates Insurance in St. Petersburg, Fla. has named Hiram Hampton II as the new vice president of business development. Hampton, who previously served as president and chief operating officer of Lykes...

Buechler Joins Florida’s Normandy Harbor Workers’ Compensation Team

Aug 15 2011 // Jayson Buechler has joined Normandy Harbor Insurance Co., a workers’ compensation insurance carrier based in Miami Beach, Fla., as vice president of underwriting. Prior to joining NHIC, Buechler was the vice...

Florida’s Citizens Has Sweet Plan to Cover Hurricane Losses

Aug 15 2011 // Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 15, 2011. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous....

Florida Windfields to Steer Hurricanes