Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida CEOs Urge ‘Cost Driver’ Reforms as Legislature Nears End
Apr 21 2010 // The Florida-Based Property Insurers CEO Group, representing 21 carriers, held a media conference today to discuss legislation to address the problems in the state’s property insurance market. The group downplayed the...
Florida to Hold Hearing on Federal Healthcare Reform Impact
Apr 19 2010 // Florida regulatory officials are preparing for the implementation of the new healthcare reform law. Florida Insurance Commissioner Kevin McCarty said his Office of Insurance Regulation (OIR) will use a May 4 joint public...
Business Moves
Apr 19 2010 // Northern Capital Florida insurance officials have moved to shut down Northern Capital Insurance Co. after concluding that the firm is insolvent. Agents and the company’s 70,000 policyholders are being advised to...
People
Apr 19 2010 // Wells Fargo Insurance Services has named Wayne Marchant as senior vice president and Southeast region healthcare practice leader. He will be based in Savannah. Prior to joining Wells Fargo Insurance Services, Marchant was...
It Figures
Apr 19 2010 // $30.8 Million The amount from its surplus that Kentucky’s major workers’ compensation insurance carrier, Kentucky Employers’ Mutual Insurance, has decided to return to policyholders. Earlier this month,...
Florida’s American Integrity to Sign Insureds of Failed Northern Capital
Apr 16 2010 // Tampa-based American Integrity Insurance Co. said that it would provide insurance coverage for up to 20,000 of the 62,000 customers of Northern Capital Insurance Co., which is being liquidated. American Integrity said it...
Florida CFO Recovers $4.4 Million for Insurance Consumers
Apr 16 2010 // Florida insurance consumers have recovered more than than $4.4 million since January from insurance companies with the help of the state. Citing an example, CFO Alex Sink said that a Naples homeowner contacted the...
Injured Workers’ Drug Costs Higher in Florida Than Other States
Apr 15 2010 // The payment per claim for prescription drugs used to treat injured workers in Florida was nearly 40 percent higher than in most study states, according to a new study by the Workers Compensation Research Institute...
Georgia Joins Lawsuit Against Healthcare Overhaul
Apr 14 2010 // Georgia is joining a Florida-led group of states in a lawsuit challenging President Barack Obama’s overhaul of the U.S. healthcare system, Florida’s attorney general said Tuesday. Bill McCollum, who is seeking...
Florida Man Sued for $15K Over Negative Remark Posted on eBay
Apr 13 2010 // Can posting your opinion on eBay cost you in real life? So far Michael Steadman of Florida has spent $7,000 for his, and he isn’t yet done defending himself in a $15,000 defamation lawsuit brought by the man who sold...
Florida’s Northern Capital to Be Liquidated; All Policies End May 30
Apr 13 2010 // Judge James O. Shelfer of the Second Judicial Circuit Court of Florida has ordered Miami-based Northern Capital Insurance Co. (NCIC) into receivership for the purpose of rehabilitation. At the same time, the court ordered...
Florida Chief McCarty: Facts, Not Fear, Should Guide Insurance Debate
Apr 12 2010 // Florida Insurance Commissioner Kevin McCarty sent a letter to the state’s media outlets on April 9 regarding the current property insurance system and what should be done to improve it. In it, he says the exodus of...
Olympus Is Latest Insurer Under Scrutiny by Florida Regulators
Apr 12 2010 // Another young Florida property insurance company is in trouble with state regulators and could lose its license if it does not cut back on business, boost its reinsurance and explain some if its accounting. Olympus...
As Surveillance Cameras Catch On, Florida Police Catch Criminals
Apr 9 2010 // The eyewitnesses are everywhere, watching everything. Break-ins. Bank heists. Convenience store robberies, purse snatchings and shopping sprees charged on stolen credit cards. All these incidents and more caught in the...
Florida Orders Infinity Surety, Abba Bonding to Halt Sales
Apr 9 2010 // Florida insurance regulators have ordered two firms to stop selling unauthorized surety insurance. The Office of Insurance Regulation (OIR) issued an order to Infinity Surety Co., Infinity Surety Agency and its president...
5 More States Join Lawsuit Against New Healthcare Law
Apr 8 2010 // Five more states are joining a Florida-led group of states in a lawsuit challenging President Barack Obama’s overhaul of the U.S. healthcare system, Florida’s attorney general said Wednesday. The joint lawsuit...
Florida to Shut Down Insolvent Northern Capital
Apr 8 2010 // Florida insurance officials have moved to shut down Northern Capital Insurance Co. after concluding that the firm is insolvent. The Office of Insurance Regulation (OIR) made an official request to the state’s...
Florida Gov. Crist Vows to Veto Bills Favoring Insurers
Apr 8 2010 // Gov. Charlie Crist says he will veto any legislation that raises homeowners insurance rates. “If a bill gets to my desk that favors the insurers, I will veto it,” Crist told a group of Realtors convening at the...
Florida Jury Awards $10 Million in Ambulance Birth
Apr 7 2010 // A jury has awarded $10 million to a Volusia County who sued an ambulance transport service over injuries her son received during his premature birth in 2003. The jury decided last week that EVAC Ambulance was negligent for...
Brown & Brown Elects Bridges Western Regional President
Apr 6 2010 // The Board of Directors of Brown & Brown Inc. has elected C. Roy Bridges regional president responsible for most of the company’s retail operations in the western United States. He will continue to have regional...
