Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Gubernatorial Candidates Sink, Scott Address Citizens, Safety
Oct 28 2010 // Florida Republican Rick Scott says that if he is elected governor he will require state-backed Citizens Property Insurance to stop offering multi-peril policies in order to bring its costs in line with premiums, while Alex...
Florida’s McCarty Elected President-Elect by State Regulators
Oct 26 2010 // The National Association of Insurance Commissioners (NAIC) elected Florida Commissioner Kevin McCarty to be president-elect effective Jan. 1, 2011 at its recent meeting in Orlando. McCarty served as vice president of the...
Lawsuit Targets Florida’s Citizens Over No-Bid Contracts
Oct 25 2010 // Florida’s Citizens Property Insurance Corp. is facing a class action lawsuit alleging that it improperly awarded dozens of no-bid contracts worth more than $49 million. The lawsuit filed in Tallahassee seeks...
Cratem Named Underwriting Chief at Sunshine State Insurance in Florida
Oct 25 2010 // Michael R. Cratem, an insurance executive with 18 years in the business, has been named vice president and chief underwriting officer at Sunshine State Insurance Co., which writes homeowners’ insurance in...
Introducing… The Florida Sinkhole Insurance Fund?
Oct 22 2010 // Will Floridians, who already support a state-backed property insurer and a catastrophe fund, support another public insurance entity for sinkhole coverage? Such a fund might be the “best way to go,” according...
Atwater, Ausley Vie to Succeed Sink As Florida CFO
Oct 19 2010 // Although Florida’s next chief financial officer will take charge during one of the rockiest times in the state’s financial history, the race has received little attention amid higher-profile races for the U.S....
Florida Man Gets $650K for Strip Club Injury
Oct 18 2010 // A South Florida attorney says his client will get $650,000 after a dancer’s platform shoe shattered his eye socket at a strip club. Attorney Lake Lytal III said the Cheetah club’s insurance company agreed...
In Developing Producers, a Little Help From One’s Friends Goes a Long Way
Oct 18 2010 // As John Lennon and Paul McCartney could tell you, sometimes you just need a little help from your friends. And in the insurance agency business – where building relationships are key to success – that friend...
Florida Medical Liability Market Found in Good Health
Oct 18 2010 // Medical malpractice insurers writing in Florida earned an average return on surplus of 6.6 percent in 2009, their sixth straight profitable year, although their profits were lower than in 2008. That’s one of the news...
Florida Court Permits Bad Faith Lawsuit Against Citizens to Proceed
Oct 18 2010 // A lawsuit alleging bad faith claims handling by Florida’s state-created insurer, Citizens, will proceed to trial over the objection of the insurer that it is protected against such suits by immunity granted...
Florida CFO Urges Citizens to Competitively Bid More Contracts
Oct 18 2010 // Florida CFO Alex Sink is urging state-backed Citizens Property Insurance Corp. to put more contracts out for bids. Sink sent a letter to Scott Wallace, president and executive director of Citizens, asking Citizens to...
Florida Approves 7.8% Workers’ Compensation Rate Increase
Oct 15 2010 // Florida workers’ compensation insurers have been given the green light to raise rates an average 7.8 percent starting Jan. 1, 2011. Florida Insurance Commissioner Kevin McCarty has told the insurers’ rating...
Judge Lets States’ Suit Against Obama Healthcare Law Proceed
Oct 14 2010 // U.S. states can proceed with a lawsuit seeking to overturn President Barack Obama’s landmark healthcare reform law, a Florida judge ruled Thursday. U.S. District Judge Roger Vinson had said at a hearing last month...
Florida Approves Citizens Rate Hikes for Condos, Rentals, Commercial
Oct 12 2010 // Florida Insurance Commissioner Kevin McCarty has approved additional rate increases for state-backed Citizens Property Insurance Corp. The latest round affects condominium associations, commercial buildings, rental...
Brown & Brown of Florida Buys Beecher Carlson’s T.R. Jones Units
Oct 8 2010 // Brown & Brown of Florida has acquired insurance broker Beecher Carlson subsidiaries, Thomas R. Jones, Inc. and T.R. Jones & Co. of Broward, L.C., collectively doing business as T.R. Jones & Co. T.R. Jones &...
Florida CFO Urges Citizens to Competitively Bid More Contracts
Oct 8 2010 // Florida CFO Alex Sink is urging state-backed Citizens Property Insurance Corp. to alter its contracting procedures and put more contracts out for competitive bids. Sink sent a letter to Scott Wallace, president and...
Florida Court Permits Bad Faith Lawsuit Against Citizens to Proceed
Oct 8 2010 // A lawsuit alleging bad faith claims handling by Florida’s state-created insurer, Citizens, will proceed to trial over the objection of the insurer that it is protected against such suits by immunity granted...
Florida Prepares for Potentially Severe Wildfire Season
Oct 8 2010 // Dry conditions in at least some parts of the state coupled with a long-range forecast calling for a significant drying cycle threaten a potentially severe wildfire season, Florida Agriculture and Consumer Services...
Florida Medical Malpractice Insurance Market Found in Good Health
Oct 6 2010 // Medical malpractice insurers writing in Florida earned an average return on surplus of 6.6 percent in 2009, their sixth straight profitable year, although their profits were lower than in 2008. That’s one of the news...
Progressive Expanding in Colorado, Florida, Ohio, Texas
Oct 6 2010 // Progressive Insurance recently announced plans to add hundreds of new jobs in Colorado, Florida, Ohio and Texas by the end of January 2011. The additions include sales, service and claims positions. Progressive said it...
