Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
PIA of Fla. Board Honors Cobb, Silverman, Fowinkle
Nov 23 2004 // Dave Cobb, Ron Silverman and Bob Fowinkle were honored by the Professional Insurance Agents of Florida (PIA) board of directors during a meeting this week in Hutchinson Island, Fla. Mark O’Connell, PIA executive vice...
Fla. Cabinet Issues Emergency Rule: Extends Moratorium to Dec. 31 for Unrepaired Homes
Nov 23 2004 // Gov. Jeb Bush and members of the Florida Cabinet have approved an emergency rule extending the moratorium to Dec. 31 and banning insurance companies from canceling or non-renewing insurance policies for victims whose homes...
Fla. Agent Faces Felony Charges for Stealing Premiums
Nov 22 2004 // A Florida property insurance agent with customers in Hardee, Polk and DeSoto counties faces several felony charges stemming from allegations that he stole insurance premiums from homeowners and never secured property...
Moratorium Ends Nov. 30: Fla. Officials to Watch Non-renewals, Cancellations
Nov 22 2004 // Florida’s moratorium prohibiting insurers from canceling or non-renewing policies ends Nov. 30, and homeowners are bracing for notification letters. Tom Gallagher, Florida Chief Financial Officer, said his department...
Claims Mediation Meetings Begin in Four Fla. Cities
Nov 22 2004 // Mediation meetings began Monday in Punta Gorda, Orlando, Jupiter and Pensacola to provide Floridians with a process to quickly and fairly settle disputes with insurance companies, at no cost to them. To date, more than...
FAIA Convention Topic: “Power of One”
Nov 18 2004 // The “Power of One” will be the focus of the Florida Association of Insurance Agents (FAIA) 101st Anniversary Convention and Education Symposium scheduled June 23 to 25 in Orlando at the Gaylord Palms Resort and...
Fla. Commissioner Warns Adjusters Not to Discourage Consumer Complaints
Nov 18 2004 // Responding to complaints that some insurance company adjusters may reportedly be discouraging consumers from contacting the Florida Department of Financial Services for help with a complaint or with filing a hurricane...
OIR Orders Citizens to Review Fla. Rates
Nov 18 2004 // The Florida Office of Insurance Regulation has issued an order to the Citizens Property Insurance Corporation (Citizens) to conduct a review of its rates to assure they meet statutory guidelines. The Legislature ordered...
La. DOI Final Estimate of Hurricane Ivan Damages Totals Nearly $7.9 Million
Nov 17 2004 // Commissioner of Insurance Robert Wooley announced that the Louisiana Department of Insurance’s final estimate of Hurricane Ivan damage in Louisiana is $7,868,750.00. That figure is based on a reported 3,760 claims...
Fla. AG Issues Subpoenas to 11 Insurers
Nov 16 2004 // Florida Attorney General Charlie Crist on Tuesday issued subpoenas to 11 insurance companies as part of an ongoing investigation into the business practices of the insurance industry. The subpoenas seek documents and...
Nationwide Estimates Florida Hurricane Losses at $850 Million Pre-Tax
Nov 15 2004 // Ohio-based Nationwide Mutual Insurance Company and its P/C affiliates have issued an estimate of the losses and loss adjustment expenses from Hurricanes Charley, Frances, Ivan, and Jeanne of approximately $850 million on a...
Atlanta Conferees Suggest SAG Investigations Politically Motivated
Nov 15 2004 // David Reddick The insurance industry is the “whipping boy” of state attorneys general and state insurance commissioners, many of whom have their hopes set on throwing their hats in the 2006 governor’s...
More Fla. Companies Request Premium Hike
Nov 14 2004 // A handful of insurance companies doing business in Florida, including market leader State Farm, want to raise their average homeowners’ rates by as much as 25 percent. The requests filed with the Florida Office of...
State Farm Asks to Hike Fla. Policy Rates
Nov 12 2004 // State Farm Florida Insurance Co. has requested a 5 percent increase on all its homeowner and condominium policyholders due to what the company calls, higher costs of doing business. State Farm has more than 900,000...
CFO Gives Hurricane Response Status Report; Fla. Mediation Begins Nov. 22
Nov 12 2004 // Following a recent emergency rule setting deadlines for processing claims there have been almost 17 percent fewer calls from consumers experiencing delays when dealing with an adjuster, according to the Florida Department...
Allstate Holding Off On New Homeowner Policies in Florida
Nov 11 2004 // Allstate Corp., the largest property casualty insurer in Florida, has announced it will cease writing new homeowners’ policies in Florida until the state Legislature meets in December and decides what to do about...
21st Century Holding Co. Unveils Q3 Report
Nov 11 2004 // Florida-based 21st Century Holding Co. reported results for the quarter ended Sept. 30, 2004. For the quarter ended Sept. 30, 2004, the company reported net loss of $13,754,082, or $2.32 per share on 5,925,952 undiluted...
Fla. Investigation: Brown & Brown Says It Carefully Monitors Brokers
Nov 10 2004 // Brown & Brown Inc. is confident that twin investigations of the insurance industry by Florida officials will reveal no wrongdoing by the Daytona Beach-based company or its brokers, its president says. Jim Henderson,...
Judge Rules Against Mutual Benefits In Favor of SEC
Nov 10 2004 // A federal magistrate judge late today upheld findings by the U.S. Securities and Exchange Commission (SEC) that Mutual Benefits Corporation (MBC), the nation’s largest viatical settlement company, engaged in...
Fla. Agent Faces Charges For Misappropriating Funds
Nov 9 2004 // A Wauchula, Fla. property insurance agent who served customers in Hardee, Polk and DeSoto counties is facing several felony charges stemming from allegations that he stole insurance premiums from homeowners and never...
