Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
FAIA Establishes Disaster Recovery Plan for Members
May 17 2005 // A new partnership announced between the Florida Association of Insurance Agents and Agility Recovery Solutions, will enable FAIA members to meet the needs of clients during an unforeseen disaster. Under provisions of the...
Florida Legislation: It’s More Than Hurricanes NAMIC Analysis Reveals
May 16 2005 // Although much of the attention during this year’s legislative session focused on hurricane-related issues, Florida lawmakers also succeeded in passing several other bills of interest to the insurance industry, a...
DOI Investigating: Did Citizens Pay Bogus Hurricane Claims?
May 13 2005 // Florida Office of Insurance Regulation officials are investigating 42 cases of suspected fraud in hurricane-related damage claims filed last year with Citizens Property Insurance Co., the state-run insurer of last...
Unauthorized Insurance Sales Topple Money Tree
May 13 2005 // The Money Lending Group (Money Tree) of Port Charlotte, Fla. has been put into receivership according to Florida’s Chief Financial Officer Tom Gallagher. The move is a result of an Order to Show Cause handed down in...
Fla. Gov. Urges: Be Prepared for 2005 Hurricane Season
May 12 2005 // Gov. Jeb Bush urged Florida homeowners to read and understand the provisions of their insurance policy; study their vulnerabilities; and have an evacuation plan; during the May 11 opening of the annual Governor’s...
NHC Director: Homes Meeting New Building Codes Fared Better in Hurricanes
May 12 2005 // Upgrading older homes to meet new building standards, which require new homes to withstand hurricane-force winds, is a key to surviving hurricanes, Max Mayfield, director of the National Hurricane Center in Miami,...
Matrix II Database Would Tap Into Fla. Insurance Records
May 12 2005 // Florida insurance companies could be required to provide customer information if Florida law officials decide to implement a comprehensive Multi-state Anti-Terrorism Information Exchange, or Matrix database, now being...
USAA Asks for 10.3 Percent Increase; Other Fla. Requests Expected
May 10 2005 // Florida’s fifth-largest insurer USAA, has filed a request to raise premiums by a statewide average of 10.3 percent, and David Foy, chief of staff for the Office of Insurance Regulation said he expects more companies...
Fla. Water Management Officials Prepare for Hurricane Season
May 9 2005 // Florida water management officials have begun their annual drawdown of 17 lakes in the Kissimmee Basin, near Orlando, in anticipation of the upcoming hurricane season and are starting to put lessons into effect they...
‘Mixed Feelings’ Result as Fla. Legislature Passes SB 1486; Carriers’ Burdens Could Increase Overall Costs
May 9 2005 // The Florida Legislature debated SB 1486, an 83-page insurance bill, until the early morning hours on Saturday and approved a document that makes major changes in how claims will be handled, starting with the next storm....
Regulators Hit PCI Csiszar’s Pitches Out of the Park
May 9 2005 // State insurance department representatives responded to fast balls, curves and sliders thrown at them by Ernie Csiszar, president and chief executive officer of the Property Casualty Insurers Association of America, during...
A Final Tribute to Tom Johnson
May 9 2005 // The Florida Association of Insurance Agents announced Tom Johnson, its executive vice president from 1948 to 1986 died on April 8. Johnson passed away in his sleep with his family and a few close friends at his...
Purmort Insurance Agency’s Family Tree’s Roots Go Back to 1876
May 9 2005 // When I stepped from the hot sunshine and left the traffic speeding along Sarasota, Fla.’s busy Bee Ridge Road into Al Purmort Insurance Agency Inc.’s cool air-conditioned lobby, it was like taking a step back...
Florida CFO Lauds Passage of Homeowners Insurance Protections for Residents
May 9 2005 // Florida’s Chief Financial Officer Tom Gallagher on Monday said that the homeowners insurance legislation that passed late Friday contains numerous provisions that will benefit Florida’s...
Fla. Bill Would Provide Consumers With a Policy Checklist
May 6 2005 // A bill that provides consumers with a checklist so they know what’s covered in their insurance policies, and changes state law on what insurers have to pay out if a home is destroyed has received preliminary approval...
AIA Applauds Fla. Asbestos Reform Legislation’s Passage
May 5 2005 // The American Insurance Association has applauded the Florida Legislature’s passage of landmark legislation to help truly sick victims of asbestos exposure receive compensation quickly and fairly. The bill now will go...
Fla. Legislators Fail to Include Citizens Deficit in Budget
May 4 2005 // The Florida House of Representatives and Senate has distributed budget proposals without any provisions to pay Citizen’s Property Insurance Co.’s $516 million deficit. Unless legislators make unforeseen last...
PIA of Florida Summarizes Tallahassee Legislation; One Week Until Finale
May 3 2005 // The Professional Insurance Agents of Florida reports from Tallahassee that with the end of the Florida Legislature’s spring sessions only a week away, legislators are beginning to realize that time is of the essence...
Fla. Cabinet Told: 186 Insurers Still Have 57,830 Claims Open from Storms
May 3 2005 // Kevin McCarty, Florida Office of Insurance Regulation Commissioner reported Tuesday morning to the Florida Cabinet that 186 insurers have reported they still have 57,830 claims open. “Last month, we were still facing...
PCI Ad Campaign: Alerts Lawmakers About Negative Effects of ‘Pro-Consumer’ Proposals
May 2 2005 // The Property Casualty Insurers Association of America launched an advertising campaign today in Florida warning lawmakers about misguided hurricane insurance bills that will raise rates, make insurance harder to find and...