Southeast News

Bill Would Move Storm Modeling, Research From FIU to FSU Insurance Supercenter

Florida International University has long been known as a hurricane research center. Think: the famous Wall of Wind, the giant fan system that tests the effects of 157-mph winds on structures and materials. A much larger, stadium-sized testing facility for …

Florida Report on MGAs Fell Through the Cracks, Commissioners Say

A draft report examining Florida insurers’ relationships with their managing general agents fell through the cracks and was never finished, a current and a former state insurance commissioner told state lawmakers at a hearing last week. “We need to make …

Multiple Deaths, Damage in South, Midwest From Winds, Tornadoes

Violent tornadoes ripped through parts of the U.S., wiping out schools and toppling semitractor-trailers in several states, part of a monster storm Friday and Saturday that has killed at least 32 people. The number of fatalities increased after the Kansas …

MLB’s Rays Bail on Deal for New Ballpark in St. Petersburg

The Tampa Bay Rays are backing out of a deal to build a new $1.37 billion stadium in St. Petersburg, Florida, the team announced on Thursday. The Major League Baseball team was expected to partner with the city and Pinellas …

Billions in Hurricane Helene Aid to Farmers to Start Flowing by March 21

ATLANTA (AP) — Tens of billions in aid for victims of Hurricane Helene should start flowing later this month, U.S. Agriculture Secretary Brooke Rollins pledged Wednesday, but delays are already making it hard this year for some farmers to plant …

USG Insurance Services Adds Reinhold to Tampa Office

USG Insurance Services, a national wholesaler and managing general agent, has hired Joshua Reinhold as associate producer and broker in its Tampa office – another step in the company’s nationwide expansion plans. Reinhold has seven years of experience in the …

Medical Chopper Reported Flight Control Problem Before Fatal Crash in Mississippi

CANTON, Miss. (AP) — A medical helicopter that crashed in a wooded area in Mississippi reported “a flight control problem” shortly before a Monday crash that killed all three people on board, federal authorities said. The pilot was going to …

Man Torches Tesla Chargers in South Carolina But Catches His Clothes on Fire

NORTH CHARLESTON, S.C. (AP) — A man burned three Tesla chargers in a South Carolina parking lot and also apparently inadvertently set his clothes on fire, police said. The man spray-painted “long live the Ukraine” and a crude reference to …

Heritage Insurance Profits Down for Q4 But Up 36% for 2024

Heritage Insurance Holdings Inc. (HRTG) on Tuesday reported net income of $20.3 million in its fourth quarter, a 34% drop from Q4 in 2023. The Tampa-based company said it had net income of 66 cents per share. The property and …

Atlas Insurance Brings Benefits Business Under One Roof

Atlas Insurance Agency, based in Sarasota, Florida, announced it has acquired its sister company, Atlas Employee Benefits. The firms will now operate under a single brand name. “While Atlas Insurance and Atlas Employee Benefits have operated separately in the past, …

Southeast News Archives by Month