Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Business Moves
Oct 6 2008 // Liberty Mutual, Safeco Boston-based Liberty Mutual Group finalized its acquisition of Seattle, Washington-based Safeco Corp. on Sept. 22 after entering the agreement in April. While improving its scale and geographic...
Florida-based United Insurance Holdings Completes Share Repurchase
Oct 3 2008 // United Insurance Holding Corp., based in St. Petersburg, Fla., completed privately negotiated purchases with a limited number of the company’s stockholders to purchase 1,980,671 shares of the its outstanding common...
Florida’s State-backed Insurer Backs off Plan for New Office
Oct 3 2008 // In the wake of criticism by key Florida lawmakers, the state-backed property and casualty insurer, Citizens Property Insurance Corp., is backing off plans to seek a new, larger office complex that once included a...
Florida-based Main Street America Acquires Great Lakes Casualty
Oct 2 2008 // The Main Street America Group, based in Jacksonville, Fla., completed its acquisition of Great Lakes Casualty Insurance Co., a Michigan-domiciled private passenger auto insurance carrier, from Newco Financial Holdings...
Southwest Risk Expands into Florida and Carolinas
Oct 1 2008 // Dallas,Texas-based Southwest Risk LP, a privately held wholesale broker, is expanding its CORE facilities to Florida, South Carolina and North Carolina. These facilities provide property, general liability and umbrella...
Thousands of Floridians Become Victims of ID Theft
Sep 30 2008 // Florida resident Stephen Carlisle was not alarmed by the letter he received from Bank of New York Mellon Shareowners Services, notifying him that a data breach had exposed sensitive information from thousands of...
Florida-based United Insurance and FMG Acquisition Merge
Sep 30 2008 // Farmington Conn.-based FMG Acquisition Corp.’s stockholders approved a merger with United Insurance Holdings L.C., a Florida based homeowners underwriter and selected small business insurer. As a result of the Sept....
Florida Gov. Appoints 3 to Citizens Review Task Force
Sep 30 2008 // Florida Gov. Charlie Crist appointed three new members to state-backed Citizens Property Insurance Corp. Mission Review Task Force. The following members will serve a term that began on Sept. 29 and will run through March...
Insurance Veterans Join Forces to Create Florida-based Fletcher|Stein
Sep 29 2008 // Florida insurance executives John Fletcher and Rick Stein joined forces to continue the legacy of the Jacksonville firm, McNeill, Garrison & Fletcher. Fletcher, prior president and majority shareholder of McNeill,...
Florida Researchers Deploy New Hurricane Data Weather Balloons
Sep 29 2008 // A fleet of special balloons released over South Florida may soon help hurricane forecasters better predict the path of storms. But at a cost of up to $2,000 each, these aren’t your average birthday party...
Florida-based FPIC Discloses Investments in Financial Service Companies
Sep 26 2008 // FPIC Insurance Group Inc., based in Jacksonville, Florida, together with its consolidated subsidiaries, released information regarding certain investments in financial service companies reportedly experiencing...
Florida’s Lassiter-Ware Recognized for Best Practices, Golden 100
Sep 26 2008 // Central Florida-based Lassiter-Ware Insurance was named a best practices agency for 2008, ranking among the top performers in the annual best practices study conducted by the Independent Insurance Agents & Brokers of...
Build Smart With Passive Protection Systems, Safety Institute CEO Says
Sep 26 2008 // To hear Julie Rochman tell it, she’d like every community in the United States to be resilient in the face of natural disasters. Rochman, president and CEO of the Institute for Business & Home Safety (IBHS) and...
Defending Properties Against Natural Catastrophes
Sep 22 2008 // Build Smart With Passive Protection Systems, Safety Institute CEO Says To hear Julie Rochman tell it, she’d like every community in the United States to be resilient in the face of natural disasters. Rochman,...
Study Finds Economic Costs of Federal Cat Legislation Significant
Sep 22 2008 // Taxpayers In At Least 20 States Could Face Multi-Billion Dollar Tax Burden Natural catastrophe legislation passed by the U.S. House of Representatives and pending in the U.S. Senate would create a multi-billion dollar...
How Agents Prepared and Fared as Gustav Hit Gulf States
Sep 22 2008 // On the morning of Sept. 1, Gustav’s eye made landfall on the Louisiana coast just shy of Category 3 status. Experts estimate Gustav caused about $8 billion to $10 billion in insured damage. On Aug. 29 as Hurricane...
People
Sep 22 2008 // Jacksonville, Florida-based Harden & Associates, an insurance brokerage company, promoted Dustin Theilacker to chief information officer. As CIO, Theilacker will continue to provide technology vision and leadership...
It Figures
Sep 22 2008 // 40,000 The number of tourists officials estimated on Alabama beaches on Labor Day weekend when Gov. Bob Riley issued a mandatory evacuation order for some coastal parts of Mobile and Baldwin counties in response to...
Business Moves
Sep 22 2008 // CRC Insurance, Southern Risk CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp., has completed a purchase of Southern Risk Operations LLC. Sumter, S.C.-based Southern Risk is an excess and...
Blogs Can Get Insurance Clients ‘SLAPP’ed
Sep 22 2008 // A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published...
