Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
DFS to Have Applications Available Soon in Fla.
Dec 17 2004 // Florida lawmakers yesterday approved a measure – House Bill 9A – that will provide $150 million in financial assistance for Floridians faced with multiple hurricane deductibles. Those eligible will be...
Regulators Approve Two New Companies in Fla. Residential Market
Dec 17 2004 // The Florida Office of Insurance Regulation has issued Certificates of Authority to two new insurance companies, Gulfstream Property and Casualty Insurance Company, and Southern Oak Insurance Company. Both companies will...
Fla. Legislature Slates January Meetings to Discuss Five Insurance Changes
Dec 17 2004 // Five major changes in insurance provisions will be examined in January by the Florida Legislature during special joint committee meetings to bolster the homeowner insurance market. Legislative leaders announced they will...
Fla. Legislators Unanimously Approve Hurricane Victim Assistance Package
Dec 16 2004 // A half-billion-dollar aid package, including property and sales tax rebates to reimburse residents who had to pay more than one hurricane deductible, was approved by the Florida Legislature before it adjourned today. The...
Florida Legislature’s Approval of $150M Relief Looks Like ‘A Done Deal’
Dec 15 2004 // The Florida Legislature is expected to decide today or tomorrow to provide $150 million to help hurricane victims strapped with large insurance deductible payments. The House and Senate both support the plan, so according...
North Pointe to Cover 60,000 American Superior Fla. Policyholders in Wake of Company’s Collapse
Dec 15 2004 // North Pointe Casualty Insurance Company has agreed to offer replacement homeowners’ coverage to 60,000 Florida policyholders of American Superior Insurance Company according to Tom Gallagher, Florida’s Chief...
Insurance Proposals Stalled in Fla. Legislature
Dec 14 2004 // Two plans, one to reimburse homeowners hit by multiple hurricanes, and the second to charge only one deductible per hurricane season, stalled in debate yesterday during special sessions of the Florida Legislature as...
NAIC Award Honors Fla. Regulator
Dec 13 2004 // Rich Robleto, director of Life and Health Product Review at the Florida Office of Insurance Regulation has received the Robert Dineen Award from the National Association of Insurance Commissioners (NAIC). The award was...
Multiple Deductibles Among Key Issues Being Discussed By Florida Legislators
Dec 13 2004 // Major insurance issues are on this week’s Florida Legislature agenda in Tallahassee. In long-awaited special sessions, which begin today, even if legislators stick to key issues, it remains to be seen how much they...
13-member Fla. Citizens Task Force Discusses Funding, Customer Service
Dec 9 2004 // The first meeting of the Task Force on Policyholder Services and Relations to Citizens Property Insurance Corp. took place yesterday in Tallahassee. Participants have initially set up operating procedures and discussed how...
Citizens Property Crunching Numbers to Pay Fla. Policyholders Following Storms
Dec 8 2004 // Citizens Property Insurance Corporation (Citizens), Florida’s state-run insurer of last resort, could face a shortfall in available funds to pay off insurance claims and might have to assess an $86 per policy to...
Nazario to Administer American Hobbyist’s Florida Office
Dec 8 2004 // Mady Nazario has been promoted from underwriter to office administrator of American Hobbyist Insurance Inc.’s national office in Stuart, Fla. The firm is a national provider of collector-vehicle insurance. The...
Hurricane Experts, Mayfield, Bailey to Address Tampa Windstorm Conference
Dec 6 2004 // Max Mayfield, National Hurricane Center director and Bill Bailey, Hurricane Insurance Information Center director will join leading property insurance industry experts speaking at the Feb. 1 to 4 Sixth Annual Windstorm...
Big “I” Panelists Concerned About Terrorism, Asbestos, Tort Reform
Dec 6 2004 // Terrorism, asbestos and tort reform will be key industry concerns according to five insurance company chief executives participating in a panel discussion during last month’s Independent Insurance Agents &...
Maintain a Clean Image
Dec 6 2004 // Data on damages from the four hurricanes that hit the southeast shows that records have been broken, but human actions are causing more and longer-term damage. Speakers representing the insurance industry and insurance...
Fla. Cabinet Extends Moratorium to Dec. 31, But Only for Unrepaired Homes
Dec 6 2004 // Florida Gov. Jeb Bush and members of the Florida Cabinet approved an emergency rule extending the moratorium to Dec. 31 and banning insurance companies from canceling or non-renewing insurance policies for victims whose...
Florida Property Program
Dec 6 2004 // Nuts & Bolts: Hull & Co. has a new Florida property program for commercial risks including and excluding wind. The program is designed for risks up to $5 million in value for all classes of business, occupancies...
Private Equity Capital Could Finance Five New Florida Companies
Dec 6 2004 // Up to five new insurance companies worth $20-$50 million each could be started up in Florida in the next six months with capital from private equity firms, according to John Butler, senior vice president at Houlihan Lokey...
Fla. Subpoenas Marsh & McLennan; Reviewing State Agencies’ Contracts
Dec 6 2004 // In an effort to obtain a better look at insurance contracts with state agencies and any impact on public dollars, Tom Gallagher, Florida Chief Financial Officer, has subpoenaed Marsh & McLennan to obtain documents...
Fla. Workers’ Compensation Rules Repealed; Little Effect Expected on Insurance Industry
Dec 3 2004 // The Florida Supreme Court yesterday decided that it lacked jurisdiction and repealed recent changes in Florida’s Workers’ Compensation Rules, but according to knowledgeable industry experts, the action should...
