Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Florida Property Insurance Market Inches Closer to Crisis – Part 1
Oct 29 2020 // After years of warnings that the Florida property insurance market was heading towards an availability crisis, many in the industry say the moment of reckoning has arrived. They blame unchecked claims litigation from...
Tower Hill, Safeco to Offer Policy Multi-Policy Discount in Florida
Oct 28 2020 // Florida-based Tower Hill Insurance and national carrier Safeco, two non-affiliated carriers, have formed a marketing partnership in the state of Florida to offer a multi-policy discount to customers. Beginning in November,...
Risk Strategies Acquires LaRocca & Associates of Florida
Oct 28 2020 // Risk Strategies, a privately held national insurance brokerage and risk management firm, has acquired LaRocca & Associates, Inc., a specialty brokerage with expertise in health and welfare benefits across several...
6 Homes Evacuated as Sinkhole in Florida Neighborhood Grows to 50 Feet Wide
Oct 27 2020 // A sinkhole that opened earlier this month in a north Florida neighborhood expanded on Thursday, leading officials to urge residents from six nearby homes to evacuate. Johnnie Candiano, 22, his brother Beau Candiano, 20,...
SageSure Expands with Product for Coastal Businesses in South Carolina, Florida
Oct 19 2020 // SageSure, a homeowners insurtech, has launched a new line of commercial insurance products in traditionally underserved coastal markets. Launching in South Carolina followed by Florida, SageSure’s commercial product...
Olympus Insurance of Florida Names Milliman’s Rollins as CFO
Oct 16 2020 // Gemini Financial Holdings Corporation (GFHC), the parent company of Olympus Insurance Co., has hired John W. Rollins to the role of chief financial officer, effective Oct. 19, 2020. Rollins has 30 years of experience as a...
Study: Hurricane Irma Led to 400 Senior Deaths in Florida Nursing Homes
Oct 16 2020 // The aftereffects of 2017’s Hurricane Irma appear to have killed more than 400 senior residents of Florida nursing homes, a new university study shows. Researchers at the University of South Florida and Brown...
Florida’s Ensurem Hires Needham as Chief Marketing Officer
Oct 14 2020 // Clearwater, Fla.-based technology and product distribution company, Ensurem, recently hired Jamie Needham as chief marketing officer (CMO). As CMO, Needham is responsible for the vision, strategic direction and performance...
Lockton Global Marine Adds Lochridge, Byrne in Florida
Oct 12 2020 // Lockton Global Marine has added Kyle Lochridge and Jake Byrne as vice presidents and account executives. They are based in South Florida. Kyle Lochridge Lochridge has over 13 years of experience in marine insurance with a...
Parents in Florida School Shooting Lawsuit Asked to Prove Mental Anguish
Oct 9 2020 // Parents who sued a school district after their children died in a mass shooting at a Florida high school are being asked to turn over their psychiatric records to prove they have suffered mental anguish. The Broward County...
Florida-Based AssuredPartners to Transition Leadership Team Jan. 1, Names Riley CEO
Oct 9 2020 // The board of directors of AssuredPartners has appointed Thomas E. Riley as chief executive officer. Jim Henderson, the current CEO, will assume the role of executive chairman. The transition will be effective January 1,...
Florida Construction Owner Accused of Not Paying $95K in Workers’ Comp Premiums
Oct 9 2020 // A construction company owner was arrested last month for workers’ compensation premium fraud after allegedly concealing payroll information to avoid paying more than $95,000 in workers’ compensation...
Florida Homeowners Insurtech TypTap Goes National; Plans Roll-Out in 20 States
Oct 8 2020 // After launching in Florida as a flood insurer in 2016 and expanding into the homeowners market in 2018, TypTap Insurance Co. has officially started the process of becoming a nationwide company. The technology-driven...
DOXA Acquires AMS Professional Liability, Allsouth Professional Liability of Florida
Oct 8 2020 // AMS Professional Liability, a wholesale broker in the state of Florida, and Allsouth Professional Liability, a brokerage specializing in professional liability insurance in the southeastern United States, have been...
Rebuilding in Wildfire Zones: A One-Stop Shop for Wildfire Victims
Oct 6 2020 // California is on fire. Already this year, thousands of people have lost their homes, and communities are struggling to figure out how to rebuild. Nikki Pechet wants to be the person they turn to. Pechet co-founded...
Cypress P&C of Florida Promotes Rine to President, Names Hillier as CFO, Treasurer
Oct 6 2020 // Cypress Property & Casualty Insurance Co. has promoted Jay Rine to president and new hire, Trevor Hillier will assume the role chief financial officer and treasurer. Rine joined Cypress in 2017, most recently serving...
Plaintiffs Win One, Lose One in COVID-19 BI Legal Fight
Oct 5 2020 // A federal judge in Florida late last month denied an insurer’s petition to dismiss a COVID-19 business-interruption lawsuit, while a federal magistrate judge in California threw out a similar claim. Both lawsuits...
Hyperactive Hurricane Season Highlights Need for Flood Insurance
Oct 5 2020 // Tropical Storm Beta made landfall on the central Texas coast on Sept. 21 as the 23rd named storm of the hyperactive 2020 Atlantic hurricane season and the third to hit the Gulf Coast this year. Slow moving Beta dumped...
CaseGlide of Florida Adds Russ Smith as Chief Technology Officer
Sep 30 2020 // CaseGlide, LLC, a provider of claims litigation management software for claims organizations, has added Russ Smith as chief technology officer (CTO). A software industry veteran of more than two decades, Smith comes to St....
4 Facts I Learned Watching the Strems Trial
Sep 30 2020 // One of the unexpected consequences of the COVID-19 pandemic is that I found myself able to watch a live courtroom proceeding from the comfort of my desk at home (work). The idea of this was totally fascinating to me...
