Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Staged Accidents Arrests Net 27 in Miami
Jun 15 2007 // Florida officials arrested 27 people in an ongoing investigation dubbed “Operation TGIF” because of staged accidents the group perpetrated on Fridays. The ‘staged accident’ ring billed auto insurers...
Ratings Recap: Mercury; Willow Re (Allstate); Penn Treaty
Jun 15 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and issuer credit ratings (ICR) of “aa-” of Los Angeles-based Mercury Casualty Group and its members. Best also...
Insurers Say Florida Backsliding on Insurance Scores
Jun 14 2007 // Property/ casualty insurers are contending that the Florida Office of Insurance Regulation is “off the mark” in developing rules implementing a law passed in 2003 addressing insurers’ use of credit...
Insurers Support Streamlining of Florida Home Mitigation Program
Jun 14 2007 // Florida Chief Financial Officer Alex Sink proposed a rule that streamlines the process for consumers to qualify for insurance premium discounts after taking steps to mitigate hurricane damage. The Property Casualty...
Florida Company Recalls China-Made Shir Toothpaste in U.S.
Jun 13 2007 // A Florida company issued a U.S.-wide recall of toothpaste it imported from China and distributed to wholesalers, saying that the product may contain a poisonous chemical. Gold City Enterprise LLC said the roughly 170,000...
Tenn. Businesses Protect Coastal Operations from Storms
Jun 12 2007 // It took O’Charley’s regional operations director in Hattiesburg, Miss., most of a week to get in touch with the restaurant chain’s Nashville, Tenn. headquarters after Hurricane Katrina pounded the Gulf...
Hospitals Seek Delay of ‘Right to Know’ Malpractice Amendment
Jun 12 2007 // Hospital lawyers have urged the Florida Supreme Court to delay implementation of a state constitutional amendment that gives patients the “right to know” about past mistakes made by doctors and medical...
Fla. Task Force on Citizens’ Claims Handling to Meet in Pensacola
Jun 11 2007 // In an ongoing effort to improve Citizens’ policyholder and applicant services, Florida Chief Financial Officer Alex Sink is convening the third meeting of the legislatively-created task force on Citizens Property...
Fla. and La. Taking Different Paths on Insurance Woes
Jun 11 2007 // Florida and Louisiana are hurricane-prone states with similar property insurance problems, but their governors are taking wildly different approaches to fixing the insurance headaches. Florida Gov. Charlie Crist, a...
Florida Coalition Opposes High-Density Redevelopment Plan
Jun 5 2007 // Opponents of the proposed plan to redevelop south Florida’s Briny Breezes firmly supported the strong critique of the Developer’s plan by Palm Beach County Planning Director Lorenzo Aghemo. Former Congressman...
RenRe’s Starbound II Adds Capacity to Florida Homeowners Market
Jun 5 2007 // Bermuda-based RenaissanceRe Holdings Ltd. announced the formation and funding of Starbound Reinsurance II Limited, a new Bermuda reinsurance company, that will make approximately $375 million in new reinsurance capacity...
Florida Welcomes Insurers to Anxious Market
Jun 5 2007 // Eight new insurers entered the property and casualty insurance marketplace in Florida since January 1, 2007 according to the Florida Office of Insurance Regulation The insurers represent a variety of insurance entities...
Tropical Storm Barry Brings Rain, Strong Winds, Heavy Surf to Florida
Jun 4 2007 // Tropical Storm Barry, since downgraded to a tropical depression, brought heavy rain to a parched Florida early Saturday, along with strong winds and heavy surf along the state’s Gulf coast. Rain was falling...
From Cuba to Capitol Hill
Jun 4 2007 // Not your typical agent: Big “I” President and Miami independent agent Alex Soto in a one-on-one interview Alex Soto, president of the large InSource agency in Miami, and president of the Independent Insurance...
RMS withdraws 5-year hurricane model from Fla.
Jun 4 2007 // Risk Management Solutions has withdrawn a short-term, five-year hurricane forecasting model submitted for approval to Florida officials after being told the model did not meet required standards. Mitch Sattler, RMS vice...
People and Places
Jun 4 2007 // Chicago-based Aon Corp. reported that David P. Bolger, executive vice president, chief financial officer and chief administrative officer, will leave the company after the appointment of his successor. Bolger will remain...
From Cuba to Capitol Hill
Jun 4 2007 // Not your typical agent: Big “I” President and Miami independent agent Alex Soto in a one-on-one interview Alex Soto, president of the large InSource agency in Miami, and president of the Independent Insurance...
Storm-tested, researched Fla. building codes remain a work in progress
Jun 4 2007 // When Category 5 Hurricane Andrew damaged or destroyed more than 125,000 Florida homes and left about 250,000 people homeless in south Miami-Dade County, the destruction was born from a mix of 165 mph winds, outdated...
Personal Lines LEADERS
Jun 4 2007 // About the Personal Lines Leaders: The Personal Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only the...
From Cuba to Capitol Hill
Jun 4 2007 // Alex Soto, president of the large InSource agency in Miami, and president of the Independent Insurance Agents & Brokers of America, is not afraid to speak his mind or criticize his own industry. He’s familiar...
