Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Fla. Lawmaker Pushes Hurricane Insurance Surcharges for Vacation Homes
Mar 22 2006 // Owners of vacation and second homes would be slapped with a 25 percent surcharge on policies obtained from the state’s insurer of last resort under a proposal unveiled by a Senate committee chairman. That’s one...
NAMIC supports sunset of Fla. no-fault auto law
Mar 20 2006 // The National Association of Mutual Insurance Companies has announced it supports “Floridians for Lower Insurance Costs,” a coalition of concerned citizens, and opposes the reinstatement of the no-fault auto...
Fla. Insurance Council to push mitigation efforts
Mar 20 2006 // With more than $30 billion in claims over the past two hurricane seasons in Florida, the Florida Insurance Council has announced it will ask lawmakers now meeting in Tal-lahassee to support mitigation efforts to combat the...
People and Places
Mar 20 2006 // Seven Main Street America Group employees were inducted March 9 in Jacksonville, Fla. into the Circle of Excellence, an annual employee recognition program established in 1985. The winners were selected for their 2005...
72 days and counting until 2006 hurricane season
Mar 20 2006 // Legislators are meeting across the Southeast to discuss a wide variety of insurance issues: Proposals in Florida would designate hurricane tax revenue to help pay for hurricane repairs; there are a dozen proposals in...
Florida auto no-fault claim costs hit double-digits
Mar 20 2006 // Florida personal injury protection claim costs (claimed economic losses and actual claim payments) increased at double-digit rates between 2002 and 2005, far outpacing the rate of inflation, according to a new Insurance...
NAMIC supports sunset of Fla. no-fault auto law
Mar 19 2006 // supports “Floridians for Lower Insurance Costs,” a coalition of concerned citizens, and opposes the reinstatement of the no-fault auto insurance law and will state its position to the Florida Legislature, which...
Marsh Lawyer Says Fla. AG Ignores State Settlement
Mar 19 2006 // An attorney representing Marsh & McLennan says that a lawsuit filed by Florida authorities accusing Marsh of lying to clients and receiving improper commissions never should have been filed. The giant insurance...
Zurich, 9 States Settle Bid-Rigging Case for $171 Million
Mar 19 2006 // Texas Attorney General Greg Abbott reported that Texas and eight other states have reached a $171 million settlement with Zurich American Insurance Co. relating to bid-rigging and price-fixing in the commercial insurance...
Florida auto no-fault claim costs hit double-digits
Mar 19 2006 // Seventy-one percent of PIP claimants had no disability resulting from their injuries in 2005, compared with 67 percent in 2002 and 66 percent in 1997. Florida personal injury protection claim costs (claimed economic losses...
News Currents
Mar 19 2006 // Property issues to dominate Florida Legislature Measures aimed at improving the property insurance market dominated the insurance agenda as the Florida Legislature convened March 7, according to the American Insurance...
People
Mar 19 2006 // Seven Main Street America Group employees were inducted March 9 in Jacksonville, Fla. into the Circle of Excellence, an annual employee recognition program established in 1985. The winners were selected for their 2005...
Fla. Insurance Council to push mitigation efforts
Mar 19 2006 // FIC supports efforts to strengthen the Florida Uniform Statewide Building Code by requiring shutters, impact-resistant glass or other opening protections on all new construction where winds of 120 miles or greater have...
Editor’s Note: 72 days and counting until
Mar 19 2006 // Legislators are meeting across the Southeast to discuss a wide variety of insurance issues: Proposals in Florida would designate hurricane tax revenue to help pay for hurricane repairs; there are a dozen proposals in...
Hearings Slated: Fla. Rule Would Prohibit Basing Premiums on Travel
Mar 16 2006 // The Florida Cabinet gave its approval today for the Office of Insurance Regulation to conduct a public hearing to allow public input for a rule prohibiting discrimination by life insurers based on a person’s past or...
Sirius Intl. Withdraws Application to do Business in Florida
Mar 16 2006 // Sirius International Insurance Corp. has agreed to withdraw an application it submitted to the Florida Office of Insurance Regulation for approval to do business in Florida as an eligible surplus lines insurer. The action...
Fla. Forum Topic: Disappearing Markets, Looming Hurricanes
Mar 14 2006 // Challenges like disappearing markets, looming hurricanes and the quest to add more to the bottom line will all be addressed during a Professional Insurance Agents of Florida Member Forum on May 12 in Orlando at the Caribe...
Florida AG Files Bid-Rigging Action Against Marsh & McLennan
Mar 14 2006 // Florida Attorney General Charlie Crist has filed a civil complaint against Marsh & McLennan Companies Inc., alleging that the company illegally manipulated insurance markets to obtain improper commissions and engaged...
Stronger Building Codes Called for in Florida Panhandle
Mar 10 2006 // Residents in Florida’s Panhandle will remain vulnerable to the destructive forces of hurricanes until lawmakers stand up to irresponsible special interests that have worked to keep much of Northwest Florida exempt...
Poe Financial Group Cancels New, Renewed Fla. Homeowners, Commercial Policies
Mar 9 2006 // Florida agents have been notified by Poe Financial Group that thousands of policyholders with its Southern Family Insurance Company will no longer be able to renew or insure new homeowner or commercial lines business. The...
