Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
PCI: Mobile Homes Bear Brunt of Charley’s Wrath in Florida
Aug 27 2004 // Despite improvements in construction and safety standards since Hurricane Andrew, damage to mobile homes in the path of Hurricane Charley was significant according to the Property Casualty Insurers Association of America...
Fla. CFO Offers Charley Status Report
Aug 26 2004 // Orlando – Florida’s Chief Financial Officer Tom Gallagher on Thursday joined area legislators, including incoming House Majority Leader Andy Gardiner, in a tour of storm-affected areas in Orange County and...
Poe Financial Group Promotes Jones
Aug 25 2004 // Florida-based Poe Financial Group announced that Randy Jones will serve as senior vice president of Poe Insurance Managers. Jones has more than 18 years of experience in the property/casualty business encompassing various...
ISO: Insurers to Pay Estimated $6.8 Billion on Charley
Aug 25 2004 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $6.8 billion for insured property losses from Hurricane Charley, according to preliminary estimates by ISO’s Property Claim...
Fla. Notes ‘Bridge Loans’ Available Following Charley
Aug 25 2004 // Florida Gov. Jeb Bush has announced the activation of Florida’s Small Business Emergency ‘Bridge Loan’ Program to provide emergency, short-term loans to businesses located in counties most severely...
Fla. Tree Service Owner Cut Down on Fraud Charges
Aug 25 2004 // Florida Attorney General Charlie Crist announced price gouging charges against a Jacksonville man accused of charging 10 times the going rate to cut trees felled by Hurricane Charley in Volusia County. The Attorney...
Charley Not as Bad as Andrew but Bad Enough
Aug 23 2004 // As the remnants of Hurricane Charley disintegrated off the New England coast Aug. 15, Florida officials estimated the storm caused $5 billion to $11 billion in damage to insured homes. At least 15 people were killed. The...
Homeowners in Hurricane Paths Hit with High Insurance Costs
Aug 23 2004 // Retired police officers Ed and Nancy McCue are thinking about leaving their dream home near the shores of Biscayne Bay because it’s in a prime area for hurricanes. It’s not the storm threat itself that’s...
People and Places
Aug 23 2004 // Robert Drew Global insurance broker Willis Group Holdings announced the appointment of Robert Drew as CEO overseeing all Alabama operations – Mobile, Birmingham and Montgomery. Drew, with Willis for 10 years, the...
Fla. CFO, Insurance Executives See Charley’s Wrath During Tour of Storm-Damaged Areas
Aug 19 2004 // Punta Gorda – Florida’s Chief Financial Officer Tom Gallagher on Thursday took executives from several major insurance companies on aerial and ground tours of areas devastated by Hurricane Charley. Gallagher...
I.I.I. Estimates Insurers Will Pay $7.4 Billion for Charley
Aug 18 2004 // Insurers are likely to pay out an estimated $7.4 billion for homes, businesses and personal possessions that were damaged by Hurricane Charley, according to the Insurance Information Institute (I.I.I.). The storm, which...
Insurers Say Charley Not as Devastating as Andrew
Aug 17 2004 // Initial reports from insurance companies with claims adjusters on the ground in Florida indicate that damage from Hurricane Charley, while extensive, was less than the state experienced when Hurricane Andrew hit South...
AIR Worldwide: Charley Paved Narrow, But Destructive Path Across Florida
Aug 17 2004 // With an expected insured loss of $6-10 billion, Hurricane Charley’s assault on Florida will likely rank as the second costliest in U.S. hurricane history. While devastating both in terms of damage and lives lost,...
Fitch: Charley Doesn’t Impact Citizens’ Ratings
Aug 17 2004 // Fitch Ratings commented that it does not expect the long-term and senior debt ratings of Florida-based Citizens Property Insurance Corporation (Citizens) to be affected by the losses from Hurricane Charley, as preliminary...
Vesta Unveils Impact From Charley
Aug 16 2004 // Alabama-based Vesta Insurance Group Inc. announced that its Florida Select subsidiary expects to incur losses between $10.0 and $13.5 million in Florida, net of reinsurance, from Hurricane Charley. “Our insurance...
Charley Represents Material Loss, Fitch Says
Aug 16 2004 // According to Fitch Ratings, Hurricane Charley will represent only a material loss to the insurance industry because of the relatively wide range ($5 billion – $10 billion) of insurance loss estimates could be revised...
Crawford Adjusters Take on Charley Remnants
Aug 16 2004 // Crawford & Company adjusters have begun wading into the damage following Hurricane Charley, which ripped across Florida on Friday causing billions of dollars in damage. Crawford, which has offices located throughout...
Insurers Say Andrew Prepared Them for Charley
Aug 15 2004 // Hurricane Charley probably will not cause Floridians’ insurance premiums to skyrocket like 1992’s Andrew, and fewer insurers should go bankrupt from paying out damages expected to reach the billions of dollars,...
President Orders Disaster Aid for Florida Storm Victims
Aug 14 2004 // The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced Friday that President Bush has ordered the release of federal disaster funds and emergency resources for...
Charley Batters Cuba; Heads Towards Florida
Aug 13 2004 // It’s now apparent that Charley has become the season’s first full-blown hurricane, packing sustained winds of 105 mph (168 km/hr) with higher gusts. The storm hit Cuba near the port of Batabano, south of...
