Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Fla. Insurance Industry Preps for Wilma
Oct 19 2005 // Hurricane Wilma, with a barometric pressure of 882 mb, is now the most intense hurricane on record in the Atlantic Basin. After rapid intensification Tuesday night, Wilma is now a potentially catastrophic Category 5...
Wilma Forms into Hurricane, Rotating off Coast of Honduras
Oct 18 2005 // Wilma, the 21st named storm of the current season, strenthened to hurricane force today with sustained winds in excess of 75 mph (120 km/hr). The storm is still slowly rotating off the coast of Honduras, and hurricane...
FIC Says Irresponsible Workers’ Compensation Rate Reductions Could Reverse Reform Progress
Oct 18 2005 // The Florida Insurance Council, (FIC) is warning regulators against steep, politically-motivated cuts in workers’ compensation insurance rates. FIC said the reforms resulting from the massive workers’ comp bill...
People & Places
Oct 17 2005 // Gregory Stevens Nancy C. Gates was honored by the Professional Insurance Agents of Georgia as its 2005 Outstanding Certified Insurance Service Representative. Since 1996, Gates has been a commercial lines, large account...
People
Oct 17 2005 // Nancy C. Gates was honored by the Professional Insurance Agents of Georgia as its 2005 Outstanding Certified Insurance Service Representative. Since 1996, Gates has been a commercial lines, large account representative...
PIA of Fla. Answers Hurricane Planning Questions
Oct 17 2005 // Forty key catastrophic planning questions and answers were presented by Ron Silverman, a Professional Insurance Agents of Florida instructor and owner of Silverman Insurance Agency in Deltona Beach, Fla., during...
DFS Spokesperson Outlines Fla. Agency Licensing Requirement Changes
Oct 17 2005 // Changes in Florida’s legislation during the spring session and new administrative changes requiring agency licensure or registration were described by Hazel Muhammad, bureau chief of Agent and Agen-cy Licensing with...
As Insured Acres Increase, Are Farmers Subsidizing High-Risk States?
Oct 17 2005 // The hurricane [Katrina] produced catastrophic Broward and Miami- Dade counties in Florida. As a direct result of the Agricultural Risk Protection Act of 2000 (ARPA), more farmers are insuring their cropland. Nationwide,...
Citizens Completes Analysis: Board to Consider Increases in Three South Florida Counties
Oct 14 2005 // An analysis rate structure analysis of Citizens Property Insurance Corp. was just completed after an order by the Office of Insurance Regulation, indicates that Palm Beach, Broward and Dade county policyholders could soon...
NAMIC Joins in Amicus Brief on Florida Valued Policy Law
Oct 12 2005 // The National Association of Mutual Insurance Companies (NAMIC) has joined with State Farm Florida Insurance Company to file an amicus curiae brief in a case involving Florida’s valued policy law. “NAMIC filed a...
Agreement Reached: Nationwide to Audit Last Year’s Florida Hurricane Claims, Correct Underpayments
Oct 12 2005 // Nationwide Insurance has reached an agreement with the Florida Office of Insurance Regulation to audit its claims from the 2004 hurricane season and correct any underpayments. OIR announced that under the agreement...
Gallagher Applauds McCarty’s Decision Not to Approve Allstate ‘s Rate Request
Oct 11 2005 // A decision not to approve a rate request by Allstate Floridian Insurance Company and Allstate Floridian Indemnity Company was announced last week by Florida Insurance Commissioner Kevin McCarty. McCarty’s decision...
Consumer Advocate Criticizes NCCI Recommendation; Suggests 22 Percent Workers’ Compensation Decrease
Oct 11 2005 // Even though the National Council on Compensation Insurance has doubled to 7.2 percent its suggested rate reduction in Florida, Allan Schwartz, an actuary hired by Steve Burgess, an Insurance Consumer advocate says the...
Digital Photography Service Expands To Florida, Colorado
Oct 7 2005 // RESEDA, CA – FastSnap announced today that its digital photography service is now available in Florida and Colorado. Agents in California, Arizona, Oregon, and Nevada rely on the service when they can’t make a...
PIA of Fla. Recognized for 50 Months of Positive Membership Growth
Oct 7 2005 // The Professional Insurance Agents of Florida (PIA) has received special recognition for achieving an unprecedented 50 consecutive months of positive gains in membership. PIA of Florida received the Special Recognition of...
Fla. Residents Keep an Eye on Tropical Storm Tammy
Oct 5 2005 // With more than a month left in the hurricane season, folks in Florida shouldn’t be surprised that someone is once again knocking on their door. Tropical Storm Tammy gained formation Wednesday off Florida’s east...
Fla. CFO Calls for Added $500M in Savings for State’s Small Businesses
Oct 5 2005 // Tom Gallagher, Florida’s chief financial officer, this week called for greater savings for Florida’s small businesses based on an independent review of proposed workers’ compensation rates for the...
Professional Risk Solutions Expands into Southeast
Oct 4 2005 // New Jersey-based Professional Risk Solutions (PRS), a wholesale brokerage insurance firm specializing in executive and professional liability insurance products, has opened a full-service office in Fort Myers, Fla. The...
New Report Warns of Rising Threat to US Insurers from Climate Change
Oct 3 2005 // Higher premiums, coverage restrictions already hitting many parts of country Hurricane Katrina is a poignant reminder that U.S. insurers, government and consumers are at enormous risk from escalating losses from hurricanes...
Citizens COO Quits; Investigations Ongoing After Kickback Accusations
Oct 3 2005 // Citizens Property Insurance Corp. Chief Operating Officer R. Paul Hulsebusch is facing accusations by Universal Risk Insur-ance Services in Houston, Texas, that after last year’s hurricanes he sought kickbacks from...