Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Reinsurance Buyers Found Ample Property Capacity at Mid-Year Renewals
Jul 8 2025 // Reinsurers have gained confidence and returned to the Florida market as a result of recent legislative reforms that have transformed the state’s risk landscape, according to brokers Aon and Gallagher Re in their...
Public Adjusters Decry Florida Citizens’ New Plan That Keeps Their Names Off Checks
Jul 7 2025 // In the long conflict between insurance carriers and public claims adjusters, Florida’s Citizens Property Insurance Corp. has altered the rules of engagement in a way that could have a big impact on some...
Florida Taps Contractors With No Detention Experience for ‘Alligator Alcatraz’
Jul 3 2025 // On June 20, nearly three weeks into the Atlantic hurricane season, Florida disaster-management officials assembled a group of emergency relief contractors in Tallahassee and asked them to do something they had never done...
Marsh McLennan Buys Excel Agency in South Florida
Jul 2 2025 // Marsh McLennan Agency, part of the global Marsh insurance brokerage and services companies, has acquired Excel Insurance, an insurance agency in Medley, Florida. Excel was founded in 2020 and provides property/casualty...
Investigation Into Florida Condo Collapse Is Expected to Finish in 2026
Jun 30 2025 // More than four years after a Florida condominium collapse killed 98 people, federal investigators have yet to make a final determination of the cause — but they do have some leading theories. The National Institute of...
Two More Insurers Enter Florida Market as Hurricane Season Warms Up
Jun 30 2025 // Two more property insurers have put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims...
Florida Citizens Moves to Have Commercial Claims Disputes Decided by DOAH
Jun 26 2025 // Three years after Citizens Property Insurance Corp. made the unprecedented move to resolve many of its residential claims disputes through a state agency instead of through litigation, officials are now planning to send...
Slide’s Exec Pay Leads to Questions About Florida Citizens’ Rate Model
Jun 26 2025 // At Wednesday’s Board of Governors meetings, a Citizens Property Insurance Corp. committee voted to move ahead with the full, 15% average rate increase for personal lines in 2026 – the largest increase allowed under...
Founder of Florida Special Needs Trust and Accountant Indicted in $100M Theft
Jun 25 2025 // Two Florida men, one a former life insurance broker, have been indicted in what prosecutors describe as a scheme to steal more than $100 million from a nonprofit that managed funds for people with disabilities and special...
Public Adjusters Decry Florida Citizens’ New Plan That Keeps Their Names Off Checks
Jun 23 2025 // In the long conflict between insurance carriers and public claims adjusters, Florida’s Citizens Property Insurance Corp. has unexpectedly altered the rules of engagement in a way that could have a big impact on some...
Florida’s Evolving Bad-Faith Landscape: What Claims and Insurance Pros Need to Know
Jun 19 2025 // Bad faith litigation has long posed both legal and reputational risks for insurers operating in Florida. With the enactment in 2023 of House Bill 837—a sweeping tort-reform measure—there are important changes to how...
Florida Property Insurance Premiums Surged 34% Since Late 2022
Jun 17 2025 // Newly posted data from Florida regulators show that, in the last three years, the number of personal property insurance policies in the state has risen only slightly while direct premium written and average premiums have...
End to Florida Agents’ ‘Diligent Effort’ Rule on Surplus Lines Takes Effect July 1
Jun 16 2025 // Florida’s governor has signed House Bill 1549 into law, eliminating the requirement that insurance agents make a “diligent effort” to find coverage before placing properties with a surplus lines...
Size of Florida’s Slide Insurance Executive Compensation Has Tongues Wagging, Eyes Popping
Jun 16 2025 // When Tampa-based Slide Insurance registered for an initial public stock offering in May, one page of the filing quickly had people talking in the Florida insurance industry. On page 132 of the filing with the U.S....
After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says
Jun 16 2025 // After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report...
Florida Commission Accepts First Hurricane Models Under New Standards
Jun 12 2025 // The Florida Commission on Hurricane Loss Projection Methodology has accepted new loss models from Karen Clark & Co. and Cotality, the first to meet the commission’s latest standards. KCC’s Version 5.0...
Florida-Based Regional Carrier Silver Airways Shutting Down Operations
Jun 12 2025 // Regional carrier Silver Airways announced Wednesday it is shutting down operations after a failed attempt at restructuring through bankruptcy, leaving some passengers stranded at airports in Florida, the Bahamas and the...
Uber Alleges Insurance Fraud Scheme in Florida as It Goes on Legal Offensive
Jun 11 2025 // Uber Technologies Inc. sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance...
Florida Appeals Court Says Plaintiff Can’t Harp on Adjusting Delays in Claims Dispute
Jun 11 2025 // Some Florida policyholders and their attorneys have long complained about real or perceived delays in the claims-handling process after a loss. A Florida appeals court ruled last week that telling a jury about those delays...
After $66M Florida Boat Crash Award, Judge Says TPA Can’t Halt Claims Adjustments
Jun 6 2025 // South Florida residents will likely remember Aaron Hirschhorn, the successful Miami entrepreneur who launched a dog-sitting service then won a big investment for a stem-cell therapy for dogs when he appeared on the...
