Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Fla. S.B. 1662 Provisions Now in Effect
Sep 5 2005 // Six new provisions in Senate Bill 1662 have gone into effect in Florida and provide the Office of Insurance Regulation and the Department of Financial Services with new powers to crack down on fraudulent insurance...
Another Round Begins
Sep 5 2005 // Well, if the old saying, “Time flies when you are having fun,” is true, I must have had a lot of fun! It’s hard to believe I joined Insurance Journal over a year ago–and am about to start attending...
People – Southeast
Sep 5 2005 // Bob Maeyama Ronald L. Alexander has been named president and managing partner of Willis Group Holdings Ltd.’s Tennessee operations in Knoxville, Tenn. Alexander was formerly executive vice president and chief...
Insurers Post Special Toll-Free Numbers to Help Katrina Victims
Sep 5 2005 // At press time, forecasters were predicting insured losses from Hurricane Katrina–which made landfall 45 miles west of Biloxi, Miss., and 35 miles east of New Orleans on Aug. 29–would be in the $10 billion to...
Fla. S.B. 1662 Provisions Now in Effect
Sep 5 2005 // Six new provisions in Senate Bill 1662 have gone into effect in Florida and provide the Office of Insurance regulation and the Department of Financial Services with new powers to crack down on fraudulent insurance...
People
Sep 5 2005 // Ronald L. Alexander has been named president and managing partner of Willis Group Holdings Ltd.’s Tennessee operations in Knoxville, Tenn. Alexander was formerly executive vice president and chief operating officer...
Fla. Policyholders Face 6.8% Fee
Sep 5 2005 // A one-time 6.8 percent charge for all homeowner policyholders in Florida has been approved by the board of directors of the Citizens Property Insurance Corp., Florida’s insurer of last resort. The assessment is so...
Editor’s Note: Another Round Begins
Sep 5 2005 // Well, if the old saying, “Time flies when you are having fun,” is true, I must have had a lot of fun! It’s hard to believe I joined Insurance Journal over a year ago-and am about to start attending annual...
State Farm of Florida’s Rate Request Questioned
Sep 5 2005 // Citing concern that insurance companies are using the 2004 hurricanes to unfairly raise rates, Florida’s Chief Financial Officer Tom Gallagher has called for an independent review of a rate increase on homeowners...
News Briefs
Sep 5 2005 // FLORIDA Report Shows Car Theft Decreased in Most of Southeast Across the Southeast in major metropolitan areas auto theft decreas-ed dramatically in 2004, accompan-ied by a slight drop in auto theft nationally, according...
Insurers Post Special Toll-Free Numbers to Help Katrina Victims
Sep 5 2005 // At press time, forecasters were predicting insured losses from Hurricane Katrina-which made landfall 45 miles west of Biloxi, Miss., and 35 miles east of New Orleans on Aug. 29-would be in the $10 billion to $30 billion...
Business Moves
Sep 5 2005 // Allmerica Exits Life Sales Allmerica Financial Corp. is getting out of the variable annuity and variable life insurance business, selling those operations to The Goldman Sachs Group Inc. as part of a $385 million deal....
Fla. Lawmakers Voice Support for National CAT Fund
Sep 1 2005 // Two Florida lawmakers, Sen. Bill Nelson (D-Fla.) and U.S. Rep. Mark Foley (R-Fla.) have voiced their support for a national catastrophe fund that insurance companies would establish to provide extra funding in the event of...
Early Registration Deadline Sept. 23: FAIA Announces Management and Automation Training Seminar Topics
Sep 1 2005 // A line-up of expert management and technology speakers have been announced by the Florida Association of Insurance Agent’s Management and Automation Training Seminar, “MATS 2005,” taking place Oct. 16 to...
Vesta Insurance Forecasts $500k to $1.2M Katrina Losses
Sep 1 2005 // Preliminary gross income losses of from $500,000 to $1.2 million have been predicted by the Vesta Insurance Group of Birmingham, Ala. for damages caused by Hurricane Katrina. Vesta’s Florida Select unit has about...
Gallagher Voices Concern About Nationwide’s Decision
Sep 1 2005 // Concerns have been voiced by Florida’s CFO Tom Gallagher about Nationwide Insurance of Florida’s decision not to renew policyholders in Florida. “I’m deeply concerned that Nationwide Insurance is...
Nationwide Mutual Insurance Company Will Limit Fla. Property Exposure
Aug 31 2005 // The Nationwide Mutual Insurance Company announced today that it will reduce its property exposure in Florida. “As we continue to analyze our business strategy, it has become increasingly apparent that we are not...
Policyholders Line Up to File Claims at Miss. Agency; Fla. Associations Offer Aid, Assistance to Kartina’s Victims
Aug 31 2005 // Insurance adjusters are scrambling around South Florida, where before crossing into the Gulf of Mexico and becoming a catastrophic hurricane, Katrina slapped Dade and Broward counties with damages experts estimate from...
Fla. Withdraws Added Finite Reinsurance Requirements
Aug 30 2005 // The Florida Office of Insurance Regulation has withdrawn proposed state-specific requirements regarding the accounting treatment of finite reinsurance, making it the second state in three weeks to do so. The office has...
Florida AG Notes $21,000 in Price Gouging Restitution with 2 Companies
Aug 30 2005 // Florida Attorney General Charlie Crist has announced his office has reached settlements with two companies accused of price gouging during last year’s record-setting hurricane season. Both cases involve established...
