Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Circuit Court Judge Orders Florida Select into Rehabilitation
Jul 6 2006 // A Leon County Circuit Court Judge has ordered Florida Select Insurance Company into rehabilitation according to Tom Gallagher, Florida’s CFO. Under the order, the company’s 70,000 homeowners policies are not...
Groups Support Stronger Fla. Building Codes, Storm Shutter Requirements
Jul 6 2006 // Recommendations about the expansion of windborne debris regions in Florida’s Panhandle and requirements for storm shutters and missile-resistant glass will be discussed July 11 during a special Florida Building...
Nationwide Requests 71 Percent Homeowners Increase in Florida
Jul 6 2006 // Nationwide Insurance Company of Florida has filed with the Florida Office of Insurance Regulation for a statewide average increase in homeowner’s insurance rates of 71 percent. The Office of Insurance has 90 days to...
S.C. DoI Monitoring Florida Select Insurance Co.’s Activities
Jul 5 2006 // The Department of Insurance has announced it is closely monitoring the activities in South Carolina of Florida Select Insurance Co. activities in the state after Florida placed the company into receivership June...
Motorcycle Safety Is Second-Class; 29 States Now Say No to Helmet Laws
Jul 5 2006 // In Illinois and Iowa, motorists can get tickets for not wearing seat belts. In Connecticut, they are prohibited from talking on cell phones. And in New Hampshire, motorists can be fined if they are involved in an accident...
Things that should keep you awake at night
Jul 3 2006 // The integration of the U.S. insurance market and global financial market will have a profound impact on business, according to Dave Zwiener, president and chief operating officer of Property and Casualty Operations for The...
Florida Considering Commercial Joint Underwriting Association
Jun 30 2006 // The Florida Office of Insurance Regulation is discussing with the Financial Services Commission (Cabinet) the possibility of activating the Standby Commercial Joint Underwriting Association. According to the Florida...
North Pointe Reducing Commercial Policies; Announces Fla. Guaranty Assoc. Assessments
Jun 28 2006 // North Pointe Holdings Corp. has confirmed it will be reducing its Florida commercial policy count by approximately 40 percent and its commercial insurable value by almost 70 percent, according to James Petcoff, chairman...
Fidelity National P/C Acquires Southern Family Flood Fla. Policies
Jun 28 2006 // Fidelity National Property and Casualty Insurance Co. has received approval from the Circuit Court of Florida to purchase all of the existing flood insurance policies of Southern Family Insurance Co. through the Florida...
Insurer Group Names McKay as SVP, Federal Relations
Jun 27 2006 // The Property Casualty Insurers Association of America has hired Benjamin J. McKay III as senior vice president of federal government relations in its Washington, D.C. office. Prior to his arrival at PCI, McKay served as...
Provider Asks for Clarification on Florida Freedom to Travel Bill
Jun 27 2006 // Independent agents that sell travel insurance will be interested in the outcome of Florida’s Freedom to Travel Bill, HB299, but the Travel Assist Network, asked for clarity in a debate about the differences between...
Florida Approves Surcharge for Property Insurance Policies
Jun 26 2006 // Florida has approved a 2 percent surcharge on all property insurance policies to help cover outstanding claims for one of Florida’s largest property insurers, whose insolvent subsidiaries are being liquidated under...
Florida Agents Told: Major Changes Essential to Entice Carriers
Jun 26 2006 // Carriers and insurers look at Florida as a heavy-handed, intrusive, oppressive regulatory regime and it would require a major shift in how government and legislators approach this market to encourage companies to come into...
Gov. Bush Signs Florida Auto Insurance Fraud Legislation
Jun 26 2006 // Anti-fraud legislation that cracks down on and reins in auto insurance fraud was signed June 26 by Gov. Jeb Bush. The action applauded by Tom Gallagher, Florida CFO, who oversees law enforcement agencies involved in...
Fla. Gov. Signs Long-Term Care Legislation
Jun 23 2006 // Legislation to provide new protections for long-term care insurance policyholders has been signed into law today by Florida’s Gov. Jeb Bush. The measure prevents insurers from contesting policies years after selling...
Citizens to Obtain $3.05B; Largest Single Bond Issue in Florida’s History
Jun 23 2006 // A $3.05 billion bond issue, believed to be the largest single bond issue in Florida’s history, according to Terri Slack, Citizen’s CFO, will be finalized June 29 in Miami. Slack said the bonds will be taxable,...
Florida Association Names Officers, Board Members
Jun 22 2006 // Earl Horton, Jr., executive vice president of Bouchard Insurance Inc. in Clearwater, Fla. has been named chairman of the Florida Association of Insurance Agents during the group’s annual conference in Orlando, Fla....
Florida Releases Its Annual ‘Top-10 Fraud List’
Jun 21 2006 // The Florida Department of Financial Services has released its annual “Top-10 Fraud List,” summarizing 10 of the costliest or boldest securities, finance and insurance fraud scams investigated by the DFS...
Citizens’ Reps Appeal to Florida Agents for Help, Cooperation
Jun 20 2006 // Citizens Property Insurance Co. officials recently told agents meeting in Orlando that Florida’s insurer of last resort is “as ready as they are going to be,” to face the 2006 hurricane season. Paul...
Things that should keep you awake at night
Jun 19 2006 // The integration of the U.S. insurance market and global financial market will have a profound impact on business, according to Dave Zwiener, president and chief operating officer of Property and Casualty Operations for The...
