Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Lawmakers Aim to Shrink State Insurer Citizens
Mar 21 2011 // Florida lawmakers are looking to cut the state’s largest property insurer down in size. The plan is to reduce the number of properties insured by Citizens Property Insurance Corp. by raising its rates and stopping it...
Florida Interests Unite to Battle PIP Fraud
Mar 21 2011 // Florida insurers, government agencies and consumer advocate groups have established a statewide alliance to push for legislative reforms aimed at cracking-down on staged-accidents that the industry says are costing Florida...
Florida Senate Moves to Curb Liability Suits Against Car Makers
Mar 17 2011 // The Florida Senate has approved a bill that would change the apportionment of damages in product liability cases so that a judge or jury must consider the fault of all parties. The bill is designed to shield or limit the...
Two Florida Insurers Face Insolvency Actions: Seminole, AequiCap
Mar 14 2011 // Two Florida insurers are facing regulatory action as the state’s Office of Insurance Regulation (OIR) ordered commercial insurer AequiCap Insurance Co. into liquidation and suspended the license of insurer Seminole...
Vredenburg Heads Acquisitions for Florida’s Assured Agencies
Mar 11 2011 // Paul Vredenburg has joined Assured Agencies in Lake Mary, Fla. as senior vice president of business development. In this position, Vredenburg will be responsible for identifying acquisition opportunities for Assured...
BP Oil Spill Claims Chief Feinberg to Face Florida Lawmakers
Mar 10 2011 // The man in charge of paying BP claims for the Gulf oil spill will soon face a Florida legislative committee to answer questions about how the compensation scheme is going. Kenneth Feinberg, the lawyer who is overseeing the...
Florida House Leader Wants Separate Civil, Criminal Supreme Courts
Mar 9 2011 // Florida House Speaker Dean Cannon this week proposed creating a second Florida Supreme Court so that one set of justices could specialize on criminal appeals and the other on civil cases. The Winter Park Republican said a...
Obama Administration Appeals Florida Judge’s Healthcare Ruling
Mar 8 2011 // The Obama administration Tuesday appealed a U.S. judge’s ruling in Florida that struck down its landmark healthcare overhaul law as unconstitutional because it required Americans to buy healthcare insurance or face a...
Florida Lawmakers Aim to Shrink State Insurer Citizens
Mar 8 2011 // Florida lawmakers are looking to cut the state’s largest property insurer down in size. The plan is to reduce the number of properties insured by Citizens Property Insurance Corp. by allowing it to raise its rates by...
Florida’s E&S Brokers: Doing Business in a World Gone Flat
Mar 7 2011 // Brokers Hoping Improving Economy, Changes in Tallahassee, Rate Deregulation Will Bring Some Relief The numbers alone tell the story. According to the Florida Surplus Lines Office, the total surplus lines premiums written...
Florida Briefs
Mar 7 2011 // PIP Fraud Insurance companies are taking to the Internet to combat auto insurance fraud in Florida. The Property Casualty Insurers Association of American has launched www.InsuranceFraudUncovered.com, a Web site designed...
Restaurant Sales Going Up After 3 Tough Years
Mar 7 2011 // Restaurant industry sales are expected to reach a record $604 billion and post positive growth in 2011 after a three-year period of negative real sales growth. The 2011 forecast from the National Restaurant Association...
People
Mar 7 2011 // Jennifer McPhillips has been promoted to senior director of federal government affairs for the Independent Insurance Agents & Brokers of America (the Big “I”) and will serve as one of the...
Fraud Tax
Mar 7 2011 // It’s not very often that private insurers, state regulators, lawmakers and consumer groups are all on the same page on an insurance issue in Florida—or any state, for that matter. But this miracle is taking place...
Florida Announces 17 Arrests in Largest-ever PIP Bust
Mar 3 2011 // Florida’s “Operation Deep Horizon” has netted 17 arrests — including a clinic owner, doctors, clinic employees and staged recruiters — in the state’s largest-ever auto personal injury protection...
Florida Allows Reinsurer Allied World to Post Lower Collateral
Mar 3 2011 // Florida is allowing the Allied World Assurance Co. to meet a lower collateral requirement, making the Bermuda-based foreign reinsurer the ninth such reinsurer the state has approved. “We are encouraged by the number...
Tower Hill Completes Royal Palm Acquisition in Florida
Mar 2 2011 // The sixth largest insurance company writing property coverage in Florida is looking to increase its market share by acquiring the 14 highest property insurer in the state. Tower Hill Insurance Group, LLC., has announced...
Erickson Joins PMA in Florida
Mar 2 2011 // PMA Cos. has hired Krystal Erickson as an account executive for Florida. Erickson will be responsible for growing PMA’s workers’ comp, commercial auto and general liability third part claims administration...
Holocaust Survivors Want U.S. to Push European Insurers on Payments
Mar 2 2011 // Aging survivors of the Nazi Holocaust plan to protest outside a political fundraiser in Miami Beach featuring President Barack Obama this week to publicize their struggle to collect what they say is $20 billion in Jewish...
Florida Interests Unite Against Auto Accident Fraud
Mar 1 2011 // Florida insurers, government agencies and consumer advocate groups have established a statewide alliance to push for legislative reforms aimed at cracking-down on staged-accidents that the industry says are costing Florida...
