Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
FAIA Dispatching CAT Team on Monday to Mississippi
Sep 9 2005 // A Florida Association of Independent Agents catastrophe team will be dispatched to Mississippi on Monday to assist the Mississippi Association of Independent Agents. FAIA offered assistance to the Mississippi association...
New Report Warns of Rising Threat to Industry from Climate Change
Sep 8 2005 // Hurricane Katrina is a reminder to the U.S. insurance industry, companies, governments and the general public that all are at risk from escalating losses from hurricanes and other weather-related events due to climate...
Ophelia Eyes Florida Coast; Pair of Directions Possible
Sep 8 2005 // Despite the loss of 11 lives, residents of Florida breathed a sigh of relief late last month when Hurricane Katrina moved away from the Sunshine State with less damage than last year’s Big Four. Folks in Florida...
NHC Watching Tropical Storm Ophelia
Sep 7 2005 // Miami’s National Hurricane Center is currently tracking three tropical storms in the Atlantic, Ophelia, Maria and Nate. Only the first one poses any potential threat to the U.S. mainland. At 5 a.m. EDT, The center of...
Fla. Insurance Commissioner Supports National CAT Fund
Sep 7 2005 // Florida Insurance Commissioner Kevin McCarty said with the specter of projected hurricane losses from Hurricane Katrina topping $25 billion, he is intensifying his support for creating a national catastrophe fund and a...
Sirius Settles With Fla. Office of Insurance Regulation
Sep 7 2005 // Sirius International Insurance Corp., a wholly-owned subsidiary of White Mountains Insurance Group, has been barred by the Florida Office of Insurance Regulation from doing business in Florida until it meets all of the...
Citizens Stops Writing New Policies; Tropical Storm Orphelia Moving N.W. Toward Fla.
Sep 6 2005 // Citizens Property Insurance Corp., has stopped writing new policies or taking changes on exhisting policies in Florida due to the approach of Tropical Storm Orphelia. The tropical storm warning for Ophelia was issued at 11...
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...
