Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
It Figures
Mar 9 2009 // $35 Million The latest estimate of damage in Georgia from last month’s tornadoes. Commissioner John Oxendine said more than 100 homes, a private school, Southwestern State Hospital and commercial agricultural...
Florida Charges People’s Trust MGA Using Unlicensed Insurance Agents
Mar 6 2009 // Florida Chief Financial Officer Alex Sink has moved to prevent People’s Trust Insurance’s Managing General Agent from using unlicensed agents to sell its homeowners insurance. The action follows an...
Florida Panel Gives Green Light to Red Light Camera Bill
Mar 6 2009 // A Florida House panel has given the green light to a bill that would set requirements for the use of automatic cameras to fine owners of vehicles that run red lights. The measure, approved by the Roads, Bridges &...
Florida Insurance Taxes Could Fund Private School Vouchers
Mar 6 2009 // Insurance taxes may pay for private school vouchers in Florida for low income children. A House committee this week approved a measure that would allow insurance companies to send money to groups that provide vouchers to...
Missouri’s Ascension Insurance Buys Florida’s Bartlett Agency
Mar 5 2009 // Kansas City-headquarted Ascension Insurance, Inc. has acquired Dennis Bartlett agency of Fort Lauderdale, Florida. The Bartlett agency specializes in medical malpractice coverage and will join Employers Mutual, Inc., a...
Florida Homeowners’ Lawsuit Alleges Defective Chinese Drywall
Mar 4 2009 // A group of Florida homeowners sued German drywall maker Knauf Gips KG, its Chinese plasterboard units and several U.S. homebuilders on Monday, alleging contaminated drywall is sickening U.S. homeowners. The lawsuit said...
National City Banks Sells 2 Florida Insurance Agencies
Mar 4 2009 // An independent holding company owned by an insurance industry veteran has purchased Harbor Insurance Agency and Florida Consolidated Agency, both former wholly owned subsidiaries of National City Bank. The new owner, Tom...
Griffin Joins Wholesale Broker Gresham in Florida Office
Mar 3 2009 // Stockbridge, Georgia-based wholesale insurance broker Gresham & Associates has welcomed a new property/ casualty broker, Scott Griffin, to its Orlando, Florida branch. Griffin, a University of Georgia-Risk Management...
U.S. Pays $100M to Florida Cold War Workers with Occupation Illnesses
Feb 27 2009 // The U.S. Department of Labor said it has paid more than $100 million in compensation and medical benefits to Florida residents under the Energy Employees Occupational Illness Compensation Program Act (EEOICPA). The act was...
Florida Citizens’ Board Member With Ties to Sansom Resigns
Feb 26 2009 // A key figure in allegations that former House Speaker Ray Sansom misused his previous office as the chamber’s budget chairman has resigned from the board that oversees a state-created insurance company. Confirmation...
Nebraska Trial in Florida Insolvent Insurer Case Put on Hold
Feb 25 2009 // The Nebraska Supreme Court has ordered a judge to put a new trial on hold in a multimillion-dollar insurance dispute and follow the high court’s ruling from last summer. Last June, the Supreme Court threw out the...
Returning Florida Lawmakers’ Agenda Includes Property Insurance Woes
Feb 23 2009 // Florida Gov. Charlie Crist’s political mantra has been to hold down property insurance rates, taxes and almost anything else costly for people he wants voting for him next year. Whether Crist seeks re-election or Mel...
Henricks Joins AmWINS Brokerage in Florida
Feb 23 2009 // Lynn Henricks has joined wholesaler AmWINS Brokerage of Florida as vice president. Formerly of Beecher Carlson, Henricks has 20 years of insurance industry experience and will focus on property and casualty brokerage at...
It Figures
Feb 22 2009 // 6.4% The workers’ compensation rate increase approved by Florida Insurance Commissioner Kevin McCarty effective April 1. The increase reflects the impact from the Oct. 23 Florida Supreme Court opinion in the case of...
Now Playing in Florida: A Scary Surplus Lines Scenario
Feb 22 2009 // Court Rulings Strike Fear That Surplus Lines Could Lose Freedom Have you ever seen anything like this in Florida? Never. I haven’t seen anything like this anywhere in the country. If it were a horror flick it might...
Attitude Adjustment
Feb 22 2009 // The tiff between State Farm Florida and the Office of Insurance Regulation that has culminated in the insurer’s withdrawal from the state’s property market is disturbing. It’s not disturbing because an...
People
Feb 22 2009 // Juan Andrade and Jonathan Bennett have been named as interim co-leads of the Property and Casualty Operations of The Hartford. Their appointment to those interim positions follows the departure of Neil Wolin, president and...
Top 25 Surplus Lines Coverage in Florida – 2008
Feb 22 2009 // Top 25 Surplus Lines Coverage in Florida – 2008 Ranked By Policy Count Coverage Premium # Policies Inland Marine (Personal) $25,232,485 197,325 Commercial General Liability $571,644,547 138,315 Commercial...
Declarations
Feb 22 2009 // Devastating “From what I saw today, it was incredible, and we only saw a very small portion today. If you extrapolate that over the entire geographic area that is impacted by Kentucky, it’s a devastating...
Florida Attaches Major Conditions to State Farm Withdrawal
Feb 22 2009 // Florida Insurance Commissioner Kevin McCarty has offered his own plan for State Farm Florida Insurance Co.’s withdrawal from the state that includes conditions not in the insurers’ own plan. McCarty wants State...
