Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Snapshot: Declarations
Aug 16 2010 // Health Care Challenge “While this case raises a host of complex constitutional issues, all seem to distill to the single question of whether or not Congress has the power to regulate — and tax — a...
Florida Citizens’ Rate Increases Way Below Actuaries’ Indications
Aug 16 2010 // If insurance actuaries had their way, rates for homeowners insured through Florida’s Citizens Property Insurance would be going up 55.9 percent on average. But there’s a cap on how much state-backed Citizens...
Declarations
Aug 16 2010 // Health Care Challenge “While this case raises a host of complex constitutional issues, all seem to distill to the single question of whether or not Congress has the power to regulate — and tax — a citizen’s...
Florida Poll Shows Widespread Concern Over Property Coverage
Aug 13 2010 // The Florida Chamber of Commerce says that a poll they had conducted shows Florida voters put grave importance on efforts at property insurance reform. The poll, which was supported jointly by the Chamber and the Property...
Florida Doctors Paid to Refer Medicare Patients
Aug 12 2010 // A former southwest Florida hospital executive is accusing a health operator of paying doctors to refer Medicare patients to the company’s hospitals. A lawsuit filed by Michael Mastej claims that Naples-based Health...
National Insurance Crime Bureau Starts New Florida Effort
Aug 11 2010 // The National Insurance Crime Bureau (NICB) announced today that it has established its second major medical fraud task force in Florida to counter the increase and spread in acts of medical fraud. The Central Florida Major...
Florida Developer Sues Halliburton Over Oil Spill
Aug 10 2010 // Florida real estate developer St. Joe Co. is suing Halliburton Co. over its role in the rig explosion that led to the massive oil spill in the Gulf of Mexico. St. Joe said late Wednesday that Halliburton, which was...
Tornado Hits South Florida
Aug 10 2010 // Meteorologists say a small tornado caused minor damage in Boca Raton. Robert Molleda, a meteorologist with the National Weather Service, said the tornado formed Saturday with winds likely reaching an estimated 70 miles per...
Florida’s United Insurance Reports Profits in Second Quarter
Aug 10 2010 // United Insurance Holdings Corp., a property and casualty insurance holding company, today reported its financial results for the second quarter and for the six months ended June 30, 2010. For the second quarter, United...
Cruise Ships Traveling In Changing Legal, Security Climate
Aug 9 2010 // Crime on cruise ships is rare, considering 10 million North Americans sailed last year. But some crime victims believe that justice also is rare — due to overlapping investigative powers, difficulty obtaining...
Florida Orders Halt to Sale of Warranty Products
Aug 6 2010 // Florida Insurance Commissioner Kevin McCarty today announced the Office of Insurance Regulation (Office) has issued an order to Auto Repair Warranty Inc. (ARW), Auto Repair Group LLC (ARG) and Michael R. Petruziello to...
Florida Orders Group to Stop Selling Insurance
Aug 5 2010 // Florida has ordered the Association of Independent Managers to stop selling unauthorized health insurance. The order Tuesday by the Office of Insurance Regulation came too late, though, for up to 1,800 consumers who...
Florida Insurance Council Names New President
Aug 5 2010 // The Florida Insurance Council¹s (FIC) Executive Board announced today that it has selected Cecil Pearce as the trade association¹s new president. He will succeed Guy Marvin, who announced his retirement earlier...
Florida Home Insurer Royal Palm Asks for 22% Increase
Aug 4 2010 // Royal Palm Insurance Co. is having a hearing before the Florida Office of Insurance Regulation to discuss its proposed rate hike for its dwelling/fire line of insurance. Royal Palm’s proposed, statewide average, rate...
State Farm Florida Ratings Lowered by A.M. Best
Aug 4 2010 // A.M. Best Co. has downgraded the financial strength rating to B- (Fair) from B (Fair) and issuer credit rating to bb- from bb of State Farm Florida Insurance Co., which is based in Winter Haven. The outlook for both...
Miami Has Greatest Hurricane Risk of Florida Cities
Aug 4 2010 // Perhaps not surprisingly, Miami is Florida’s most vulnerable major city to strong hurricane winds, according to Florida State University researchers who developed a new tool to estimate the frequency of extreme...
Some States Cheered by Virginia Healthcare Decision
Aug 3 2010 // Nearly half of all U.S. states are fighting President Barack Obama’s healthcare reforms and those that have taken the battle to court were heartened Monday by a judge’s decision to let Virginia proceed with its...
Research Warns Spill Damage to Gulf Homes Could Reach $28 Billion
Aug 3 2010 // The British Petroleum, DeepWater Horizon oil spill may result in a loss in home value in Gulf coast communities of $648 million over one year, according to a new report from CoreLogic, a provider of information, analytics...
A.M. Best Affirms Financial Strength of Florida Family, Lakeview Insurance
Aug 2 2010 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “bbb+” from “bbb” and affirmed the financial strength rating of B++ (Good) of Florida Family Insurance Co. and Lakeview Insurance Co....
Korducki Elected President of Sunshine State Insurance in Florida
Aug 2 2010 // Stephen A. Korducki, a senior insurance and reinsurance executive, has been elected president and CEO of Sunshine State Insurance Co., Inc. (SSIC), a homeowners insurance writer in Florida. Korducki succeeds John E. Rogan...
